RBA pushes rates to 15-year high | Cochlear hit with shareholder class action | AI-agent Instinct quadruples value in 1 month

 

What the Flux

Bite-sized business news. 5 minute breakdown of the top 3 Australian or global business stories of the day. Tailor made for busy humans. Hosted by Bre… 
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The RBA has hiked rates for the fourth time this year, pushing the cash rate to 4.60%, its highest level since 2011.

Cochlear, the Aussie hearing implant maker, has been hit with a shareholder class action five months after its share price fell off a cliff.

Instinct, the AI assistant that does your life admin for you, has quadrupled its valuation to $10 billion in a month… and it doesn't even have an app yet.

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