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Speaker 1: This is what the Flux I'm Brett and I'm Justin

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Speaker 1: and it's Wednesday, the twelve per March.

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Speaker 2: Jes Wait Koala, the mattress in a box retailer is

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Speaker 2: looking at listing on the ASX this year.

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Speaker 1: Yep.

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Speaker 2: They generated one hundred and ninety mil in revenue from

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Speaker 2: their mattresses, their homewares, and their furniture just last year

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Speaker 2: and based on this, hoping to get a five hundred

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Speaker 2: million dollar valuation. Not bad for a company that recorded

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Speaker 2: five hundred and fifty eight thousand dollars that's improfit last

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Speaker 2: financial year.

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Speaker 1: That is a serious multiple.

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Speaker 2: Long Forrotherby Man measily talking about best performing stocks, we

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Speaker 2: have the best performing stocks on the ASX in Debruary

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Speaker 2: covered in the.

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Speaker 1: Flux app right now. And then, man, let me tell

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Speaker 1: you there are some very interesting companies, some very milky

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Speaker 1: companies that have popped very well in February. So Fox app.

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Speaker 1: Make sure to check out the Flux app.

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Speaker 2: Three intelligent stories today, Juzzy boy, let's do it for

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Speaker 2: our first. The worst of cyclone Alfred is officially over

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Speaker 2: and now it's time for insurers like Suncourt to count

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Speaker 2: the costs of the insuranurrance claims.

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Speaker 1: Very scary time for Ozzie's be Man and insurers as well.

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Speaker 1: So tell me what's going on?

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Speaker 2: Okay. So obviously, Josie Wall, you know that Cyclone Alfred

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Speaker 2: has hit Queensland and New South Wales over the last

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Speaker 2: few days or so.

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Speaker 1: And wreaked havocon beaches on houses and buildings as well.

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Speaker 2: The TikTok videos of the winds and the damage have

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Speaker 2: been while.

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Speaker 1: And thankfully be Man, the Queensland Premieer, has now come

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Speaker 1: out and said the worst of the cyclone is over.

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Speaker 1: That is good, but now it's time for the insurers

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Speaker 1: to count the claims and dead costs.

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Speaker 2: That one is a little bit bad.

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Speaker 1: Yeah. In fact, be Man sun Corp Group, the largest

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Speaker 1: insurer in the Queensland market, has run the numbers and

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Speaker 1: what have we got. They've already received more than eight

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Speaker 1: hundred claims from people in the affected states.

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Speaker 2: Over seven thousand claims for home insurance and.

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Speaker 1: Over two thousand claims for food spoilage.

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Speaker 2: And that could amount to billions of dollars in compensation.

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Speaker 1: But thankfully be Man for sun Corp, they're backed by

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Speaker 1: the Cyclone Reinsurance Pool i e.

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Speaker 2: The government's ten billion dollar guarantee for commercial insurers.

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Speaker 1: Interesting. So what is the key learning here in.

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Speaker 2: Insurance is the insurance for insurance companies.

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Speaker 1: Think about it. When you buy insurance for your car

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Speaker 1: or your house, you're paying your insurer to cover you

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Speaker 1: in case something bad happens.

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Speaker 2: But to reduce their risk, insurers often by their own

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Speaker 2: insurance from bigger financial institutions, and this helps them cover

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Speaker 2: big payouts without going broke. You see, in cyclone prone

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Speaker 2: areas of Australia, like Northern Queensland, insurance premiums have been skyrocketing.

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Speaker 1: Get this. In twenty twenty three, the average insurance was

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Speaker 1: fifty percent higher in Northern Queensland compared to other regions

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Speaker 1: of Australia, and that meant many people couldn't afford to

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Speaker 1: ensure their houses.

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Speaker 2: Which creates even bigger problems.

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Speaker 1: So to bring these costs down, the Australian government created

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Speaker 1: the cyclone Reinsurance Pool.

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Speaker 2: Essentially, the government scheme covers insurance claims made in the

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Speaker 2: first forty eight hours of the cyclone event.

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Speaker 1: And that means instead of insurers dishing out billions themselves,

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Speaker 1: they pass most of these costs to this government backed pool.

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Speaker 2: So Suncorp Is hoping that this scheme takes the load

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Speaker 2: off them and ultimately.

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Speaker 1: It gives consumers quick relief for their insurance claims.

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Speaker 2: For our second story, Unilever, the consumer goods company behind

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Speaker 2: Dove and Magnum, is completely shifting its marketing strategy in

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Speaker 2: order to rebuild customer trust.

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Speaker 1: Traditional advertising is aging like an expired Hellman's mayonnaise, b Man,

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Speaker 1: So tell me more.

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Speaker 2: All right. So, Unilever was founded in the nineteen twenties

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Speaker 2: Juzzy Boy, and has grown into one of the world's

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Speaker 2: biggest consumer goods company.

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Speaker 1: Unilever owns over four hundred brands, meaning you probably have

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Speaker 1: at least one of their products in.

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Speaker 2: Your home right now, b Man, we would be talking

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Speaker 2: big names like Dove, ben and Jerry's, over Direcsna, Sunsilk, Vasoline,

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Speaker 2: and so many more.

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Speaker 1: And I think I'm whipping the links to theodor on

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Speaker 1: you right now.

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Speaker 2: Guilty. But now Juzzy Boy, Unilever's new CEO has come

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Speaker 2: out all guns blazer roony.

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Speaker 1: Yeah. He reckons that traditional advertising has lost credibility and

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Speaker 1: consumers are now suspicious of corporate messaging. So now the

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Speaker 1: company's pivoting towards influencer marketing. In fact, by Man, Unilever

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Speaker 1: is planning to allocate up to fifty percent of its

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Speaker 1: advertising budget to social media influences and celebrities.

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Speaker 2: Unilever wants to get in with the cook kids, the TikTokers,

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Speaker 2: the instagrammers, the YouTubers, the.

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Speaker 1: People who can sell your moisturizer as part of their

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Speaker 1: get Ready with knee routine.

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Speaker 2: Yeah, so what is the key learning here?

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Speaker 1: Trust is the most valuable currency in business, and brands

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Speaker 1: will do whatever it takes to earn it.

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Speaker 2: Get this stat juzzy Boy. Research by Nielsen shows that

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Speaker 2: ninety two percent of consumers trust influences more than brand ads.

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Speaker 1: So be man. Companies using influencers to do the talking

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Speaker 1: on behalf of their brand.

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Speaker 2: Yeah. Unilever is betting that using hundreds of influencers instead

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Speaker 2: of a few TV ads will bring more credibility.

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Speaker 1: And ultimately a better return on their investment.

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Speaker 2: But managing hundreds or even thousands of influencers takes a

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Speaker 2: lot of work, juzzy Boy.

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Speaker 1: On the one hand, unied Lever need to let influencers

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Speaker 1: create the content in their own style.

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Speaker 2: On the other hand, they need to ensure key messages

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Speaker 2: are delivered and scandals are avoided at all costs.

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Speaker 1: So Unilever is taking a bold, calculated approach to ensure

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Speaker 1: its products and more trusted.

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Speaker 2: In an increasingly skeptical market.

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Speaker 1: For our third and final story, global share markets, including

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Speaker 1: the ASX, have taken a major hit after Donald Trump

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Speaker 1: has warned that the US may go into recession.

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Speaker 2: This is a serious departure from the bullishness he's always

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Speaker 2: had previously. So what is going on here? Okay?

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Speaker 1: So we've spoken in a number of times in the

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Speaker 1: pot about the tariffs that Trump plans to put on

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Speaker 1: some of the US's biggest trading.

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Speaker 2: Partners Mexico twenty five percent tariff, Canada twenty five percent tariff,

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Speaker 2: China twenty percent tariff, and be Man.

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Speaker 1: There ain't no stopping Trump's aggressive trade policies, you.

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Speaker 2: See, Juzy boy. He claims that the US is in

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Speaker 2: a period of transition because they're doing something very big.

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Speaker 1: At the same time, China's already hit the US with tariffs,

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Speaker 1: and Canada and Mexico have threatened to do the same

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Speaker 1: as well.

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Speaker 2: Next minute, Trump doesn't rule out a recession, and global

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Speaker 2: share markets go bonkers.

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Speaker 1: In a Nippi way yep, the Nasdaq had his biggest

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Speaker 1: one day fall since September twenty twenty two.

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Speaker 2: The ASX two hundred fell to a seven month low,

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Speaker 2: and we're now heading into market correction territory in the US.

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Speaker 1: So what is the key learning here?

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Speaker 2: Market corrections are a reminder that no bull run lasts forever.

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Speaker 1: Technically, be man. A market correction is when a stock

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Speaker 1: index falls at least ten percent from its recent.

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Speaker 2: High, and the Nasdaq has now dropped thirteen point four

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Speaker 2: percent from its peak in December, so.

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Speaker 1: It's officially entered correction territory right now. In VideA has

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Speaker 1: dropped over five percent if you don't mind, Tesla's down

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Speaker 1: fifteen percent, and even Apple has dropped four and a

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Speaker 1: half percent as well.

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Speaker 2: So, Jessie Boye, why have tech stocks been hit in

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Speaker 2: this market correction?

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Speaker 1: Because investors worry that a slowing economy, companies with high

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Speaker 1: valuations are the hardest.

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Speaker 2: But here's the kick out. Historically, corrections are often followed

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Speaker 2: by recoveries.

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Speaker 1: The challenge is knowing when to jump back in Fox.

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Speaker 1: The ASEX two hundred index dropped over four percent in February,

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Speaker 1: but we cover some of the biggest hitters from February,

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Speaker 1: some companies jumping up to thirty five percent, thirty percent,

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Speaker 1: twenty five percent. If you want to learn more about

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Speaker 1: which companies perform the best and against the tide in February,

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Speaker 1: make sure to check out the flux out.

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Speaker 2: Thanks for listening, and we'll see you on Friday,