Bunnings to the rescue | Zip shares plunge 33% | Telstra rings in the revenue

Wesfarmers posts a $1.6 billion profit jump as Bunnings and lithium carry the load… but Officeworks runs low on black ink. Zip Co, the buy now pay later, saw its shares crash more than 33% yesterday in one of the biggest selloffs this reporting season. Telstra has seen its profits jump 8% as it hikes prices on its mobile plans…and sees the financial benefits of its major staff cutting. _ Download the free app (App Store): http://bit.ly/FluxAppStore Download the free app (Google Play): http://bit.ly/FluxappGooglePlay   Daily newsletter: https://bit.ly/fluxnewsletter   Flux on Instagram: http://bit.ly/fluxinsta   Flux on TikTok: https://www.tiktok.com/@flux.finance   —- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.__See omnystudio.com/listener for privacy information.