Flight Centre's profit forecast is in freefall | Aussie streamers choose ads | Facebook Australia's tax loophole (again)

What the Flux

Flight Centre has cut its profit forecasts by more than $100 million as many people start to fear about US travel.

Aussies are feeling the pinch with their streaming subscriptions… but rather than cancel, they’re just downgrading to ads.

Facebook's Aussie revenue has jumped to $1.46 billion, butthe Australian Tax Office will likely see none of it!

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