What the FluxWhat the Flux

0.5%: Why RBA, why? | Aussie drone startup rejects $100m offer | Apple's sexy new [car] features

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The Reserve Bank of Australia has announced its second rate rise in 2 months, raising the interest rate by 0.5% - in an attempt to slow down inflation.

 

Swoop Aero, an Aussie drone-powered logistics startup, has turned down a $100 million takeover offer - and instead, has raised $18 million of private cash.

 

Apple has hit 'show-off' mode at the its Worldwide Developers Conference, unveiling a tonne of new features and products.

 

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