The Labor government dropped their 2025 budget last night…with some big investments and even bigger deficits… if they get re-elected 23andMe, the genetic testing company, has filed for bankruptcy in the US as it tries to sell its assets.. Including its highly confidential customer gene data James Hardie, the ASX-listed global building materials com…

The ACCC has warned that Coles and Woolworths will not be broken up… But they will face a whole lot more scrutiny. Nike has seen its revenue fall by 9% in the last quarter and warned investors that there’s more pain to come. Apple TV+ is reportedly losing over $1 billion a year even after cutting back on its content spending and winning big at awar…

Myer has seen its profit tank by 40% in its most recent half as the new CEO focuses on resetting the business. Google has announced its largest acquisition in history - acquiring cybersecurity startup Wiz for $32 billion USD. KFC and Pizza Hut’s parent company, Yum Brands, is teaming up with tech giant, Nvidia, to implement AI ordering in drive-thr…

Warner Bros Discovery is launching its streaming platform Max in Australia this month and will use Nine Entertainment to sell the ads on its cheapest tier. Bunnings is launching a new assisted-living range to tap into Australia’s ageing population and the NDIS. Shares in retailer Guess have skyrocketed more than 30% after a plan to take the company…

Disney is making a big play for a new demographic of customers in Australia as it adds ESPN to Disney+. The owner of Pokemon Go will sell its gaming division for $3.5 billion USD to video game developer Scopely. Zara’s owner has seen its revenue jump to over $12 billion USD for the last quarter… but it’s warned of a very uncertain future because of…

AustralianSuper has been sued by ASIC for knowingly delaying the payment of death benefit claims for over 5 years. Spotify paid $10 billion USD to the music industry in 2024, which was the largest payout eveeeer. Meta has begun testing its own AI chip as it tries to swoop in on Nvidia’s market. _ Download the free app (App Store): http://bit.ly/Flu…

The worst of Cyclone Alfred is officially over and now its time for insurers like Suncorp to count the costs of the insurance claims. Unilever, the consumer goods company behind Dove and Magnum, is completely shifting its marketing strategy to rebuild consumer trust. Global share markets, including the ASX have taken a major hit after Donald Trump …

Country Road Group has seen its earnings fall by more than 70% in the second half of 2025 after too many promotions and discounts Prada Group just strutted past its competitors with full-year revenue jump of 17%...and now it’s taking a look at a juicy acquisition target Gap has seen its share price pop more than 17% after it beat profit estimates… …

Freedom Furniture is officially up for sale after its parent company looks to find a new owner after its big turnaround. Donald Trump has announced plans to build a strategic reserve of five cryptocurrencies - and no surprises here - cryptocurrencies saw a $300 billion USD rally. Anthropic, the AI competitor of ChatGPT, has raised a new round of ca…

Amazon Australia has seen its revenue jump to $7.7 billion in the last financial year - up nearly 20% from the previous year. Mars Inc, the snack and sweets giant, is planning to sell $25-$30 billion USD worth of bonds next week to finance its takeover of Kellanova. Tesla is taking steps to launch a ride-sharing service that could compete directly …

Coles has announced a jump in earnings to over $1.1 billion for the past six months and beats expectations. Star Entertainment Group is fighting a race against time to find new investors ASAP - or else - it may collapse. Nvidia suffered a nearly $500 billion USD fall in its market value after reporting better-than-expected results? _ Download the f…

Woolworths has suffered a 20% decline in its first-half net profit after it struggled with strikes and empty shelves late last year. Pointsbet, one of the largest bookmakers in Australia, has agreed to sell out to a Japan-based rival for $360 million… but it’s not without its controversy. EY Australia has announced it will be cutting 100 jobs from …

WiseTech has seen its shares plunge more than 24% after four independent board members stepped down this week. Nike has announced a new collaboration with Kim Kardashian’s Skims brand after struggling with declining sales. Bybit, the world’s second-largest cryptocurrency exchange, has allegedly been hacked for $1.5 billion, marking the largest cryp…

Domain, the digital property marketplace, has seen its share price skyrocket 37% after it received a takeover bid by a US giant. Guzman y Gomez, the biggest IPO listing of 2024, says its expecting to beat its prospectus forecasts this financial year…but its share price got whacked for one big reason. Apple released the new iPhone 16e last week as i…

Telstra has dialled up a net profit of just over $1 billion for the last six months after seeing growth in its mobile biz… and saying goodbye to Foxtel. Wesfarmers has seen its sales and earnings jump in the first half of the financial year thanks to its GOAT performers, Bunnings and Kmart. Nikola, the electric trucking startup, has filed for bankr…

The Reserve Bank of Australia has cut the cash rate for the first time since 2020. Bendigo & Adelaide Bank has seen its share price drop by more than 15% this week after it ran out of cheap money. The New York Times has given the all-clear for its staff to use AI tools to write social copy and even editorial ideas. _ Download the free app (App Stor…

Temple & Webster has seen its share price fly to an all-time high after its revenue jumped 24% off the back of bathroom fixtures and couches. Seven West Media has seen its worst-ever half year results as it tries to transition away from its free-to-air TV and newspapers. Treasury Wine Estates, the wine giant, has taken its lower-priced wine brands …

Chemist Warehouse officially launched on the ASX yesterday as its mega-merger with Sigma Healthcare went live. The federal government says it will acquire Rex airlines if there isn’t a buyer for the airline by the end of June. Reddit’s stock has taken a hit after its user growth missed expectations as it struggles to compete with Meta and Google. _…

JB-Hi Fi has announced better-than-expected sales growth for the past six months but its share price still fell 5%. Donald Trump has warned of a fresh set of tariffs - and this time, it could affect the Australian economy in a BIG way. A group of investors, led by Elon Musk, has made a $97.4 billion USD offer to buy the non-profit organisation that…

The Victorian government is going on a sport-spending-spree after landing a mutli-year deal to host NFL games in Melbourne as well as the NBA. MCoBeauty, the Australian cosmetics and skincare company, has been sold in a deal that is understood to value the company at $1 billion. Tinder is hoping to turnaround its declining user base by pushing AI i…

REA Group has seen its profits jump over 26% in the last 6 months and straight after this announcement, CEO has dropped the mic with some other big news. Estee Lauder, the global cosmetics behemoth, will lay off nearly 11% of its workforce after its earnings did a full-180 in its second quarter. Apple has just crashed Facebook’s party after releasi…

Coles is planning to aggressively reduce the number of products on its shelves to drive higher profits. Armaguard, the cash handling company, is in danger of collapsing once again - meaning coins and notes in Australia are under threat. Donald Trump has sent the share market into a spin after announcing the rollout of tariffs on goods from the US’ …

Lovisa, the jewellery chain, is facing a class action from its current and former employees after allegedly forcing staff to work for free outside rostered hours. Bunnings has begun rolling out 300 large in-store LED screens throughout its hardware stores to build a retail media behemoth. Microsoft has seen its profit jump by more than 10% from a y…

Zip Co, the buy now pay later company, has seen its shares plummet more than 25% after its second quarter earnings fell short of investor expectations. Tesla’s revenue and profit fell short of expectations after major discounting of its cars… but they’re planning to get even cheaper. Meta will pay Donald Trump a $25 million settlement for shutting …

The AFL is renegotiating its major contract with bookmakers as it tries to take a bigger slice of the betting pie. DeepSeek, a new Chinese AI model, has been released with rave reviews… And as a result, Nvidia’s stock price dropped by more than 17%. ARN Media, the owner of KIIS and Gold radio stations may want to buy Nine Entertainment’s talkback r…

Rivers, the iconic clothing and footwear brand, will close all of its retail stores across Australia by mid-April after it failed to find a buyer. CNN is laying off 6% of its workforce after it has continued to struggle with low-ratings against more digitally focused news outlets. OpenAI, the creator of ChatGPT, has launched a brand new product cal…

Qantas has made major changes to its Frequent Flyer program… meaning you’ll need to use more points to book most international flights. Netflix has cracked 300 million global subscribers for the very first time after the major release of Squid Game 2. Donald Trump has announced “at least” $500 billion USD into a project called “Stargate” that will …

Wesfarmers has announced it will be closing its e-commerce marketplace Catch after struggling with competition from Temu and Amazon Donald Trump and his wife Melania both launched crypto coins just before his inauguration - which now forms the majority of their wealth Sportsbet, the online gambling behemoth, is facing a class action after betters h…

Myer’s share price dropped by more than 18% last week after it warned of a major decline in its earnings for the first 5 months of FY25. Rokt, the Australian e-commerce / the company, has seen its valuation jump to $5.6 billion after its latest capital raise - with its staff making millions! Wendy’s, the US burger behemoth, is flipping its way back…

Qantas has agreed to pay $120 million in compensation to 1,800 former ground handlers who were illegally sacked Australia’s big four banks have reduced their lending to fossil fuel companies by over 20% in two years after pressure from climate activists Honda and Nissan have confirmed they are in talks for a mega-merger which could radically change…

ASIC is suing HSBC, the global banking giant, after it alleged that HSBC Australia failed to protect its customers from long-running scams Premier Investments, the owner of Peter Alexander and Smiggle, recently launched its retailers in the UK - but is struggling to hit the mark so far TikTok has gone to the US Supreme Court to appeal its potential…

AMP has become the first major superannuation fund to invest in cryptocurrency after investing $27 million into Bitcoin on behalf of its members Adobe has seen its share price plummet after concerns that its AI tools aren’t being monetised as fast as expected Foxtel is looking more and more likely to be sold soon as Execs from a British sports plat…

Meta and Google will be punished by the Australian Government if they choose not to agree to new content deals with media publishers. Coffee prices have been driven to a record high after a dry spell in Brazil.. And it’s likely to spike up the price of your morning cuppa. The parent company of women’s clothing brand Katies will shut down all of its…

Woolworths has finally come to an agreement with its warehouse staff after a 17 day strike which left stores empty and cost them millions in sales. China has opened an antitrust investigation into US chipmaker Nvidia, the world’s largest provider of AI processors. The Reserve Bank of Australia has kept cash rates on hold for the 9th time in a row i…

ARN Media, the company behind radio stations KIIS FM and Gold, is cutting $20 million in costs as it tries to free up cash in a very tight radio market The Iconic is suing fast-fashion retailer Shein for infringing on a trademarked name of its in-house label Bitcoin has passed through the $100,000 USD barrier for the very first time and crypto fans…

CommBank has backed down from its plan to charge customers $3 to withdraw their own money after enormous backlash. Salesforce has seen its value jump by more than $30 billion USD after it rolled out a brand new feature… “AI”. SpaceX, Elon Musk’s space startup, is reportedly gearing up for a $350 billion USD valuation which would make it the world’s…

Telstra will acquire Boost Mobile for just under $140 million as it looks to get its hands on 1 million new customers. Nissan, the global car manufacturer, is on the brink of collapse with just 12 months to survive, unless it gets new sources of funding. The largest operator of KFC stores in Australia has seen its net profit plummet over the past 6…

The Australian government has approved new legislation that will force multinational companies, like Netflix, Apple and Micrsoft, to pay a minimum of 15% tax - finally. Virgin Australia is one step closer to finalising its partnership with Qatar Airways after the ACCC gave it the all-clear to start selling flights. Uber is under investigation in th…

Airtasker has raised more than $26 million to grow its brand in the US and UK… but it hasn’t raised cash. Webjet is in the firing line after the ACCC alleges it has advertised flights… and the requested additional payments after the booking has been confirmed. Donald Trump has threatened a huge trade war with Mexico, Canada and China after threaten…

Australian car dealers have been forced to sell luxury electric vehicles for a loss after Aussie consumers look for other options. Amazon has doubled its investment in an AU company - investing another $4 billion in Anthropic – as it looks to join forces in the AI race. Berkshire Hathaway has provided a pretty ominous update in its earnings - after…

Lovisa, the fast fashion jewellery chain, has seen its revenue growth slow down to less than half of investor expectations HarperCollins has become the first major book publisher to allow an AI model to train off its books Amcor, the Aussie packaging giant, has announced a mega-acquisition of Berry Group, which will create the largest consumer pack…

Me&U, the QR code ordering start up, will lay off around 10% of its workforce – a year after merging with its arch-rival Mr Yum. Nvidia’s share price dropped after releasing its quarterly results - but its CEO reckons that the AI gold rush is still going full steam ahead! Jaguar, the British carmaker, has rolled out a brand new logo as part of its …

CSL, one of Australia's largest companies, has suffered a 4% drop in its share price after a new leader of the U.S. Health Department was announced. BlueSky, the social media platform competing with X, has seen more than 2 million new users, after the US presidential election. Google may be forced to sell off Google Chrome after the US Justice Depa…

Life360, ASX-listed tracking tech, plans to continue its subscription momentum by expanding its offering to include pets and elderly relatives Cettire, the luxury goods marketplace, saw its shares drop more than 8% after struggling with a drop in demand for luxury goods CommBank’s CEO says Apple is free-riding on investments made by Australian bank…

Xero, the ASX-listed accounting software, has seen its share price jump to a record-high, despite slowing subscriptions. Amazon has launched a new ultra-low cost platform called “Amazon Haul” to compete head-on against Shein and Temu. Shopify has seen its share price spike more than 26% after its income more-than-doubled in the most recent quarter.…

Rex Airlines is back in business after after receiving $80 million in funding from the federal government. Aristocrat Leisure, the Australian pokies machine maker, has sold its mobile gaming business Plarium Global for up to $820 million USD as it pivots back to poker machines. Aussie coffee-maker Vittoria has won a major court case against Moccona…

Australians under the age of 16 will banned from using TikTok, Facebook and Instagram under new government legislation Saudi Aramco, the world’s largest oil producer, has seen its third quarter profits plummet 15% after lower oil prices ate into its margins Coopers Brewery, the Australian owned brewery, has seen its profit jump following a pretty u…

The governor of the Reserve Bank, Michele Bullock, has said that Australia’s economy could face serious implications after Trump’s promise to increase tariffs. The price of bitcoin has hit a new record, jumping more than 10% after Trump's election win. Big Tech CEOs are now cozying up to Donald Trump after his win to become the next president of th…

Westpac has announced an annual profit of $7 billion, which is actually a 3% drop from last year as mortgage competition ramps up. Google has been fined 2 undecillion roubles, or $20 decillion USD by a Russian court after blocking Russian state media channels on YouTube. Peloton, the connected-fitness company, has seen its shares speed up 22% after…

Woolworths has warned investors that its earnings for the 6 months to December are looking likely to be 5% below last year’s results. Apple has seen its quarterly sales jump 5% after investors got their first peak on how its iPhone 16 sales are faring. Meta’s shares dropped 4% after its quarterly update warned that AI investments were expected to r…