What the FluxWhat the Flux

Woolies' profit struggles | Pointsbet major takeover bet | EY cuts jobs

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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 its advisory division after a pullback in client spending.

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