Amazon goes prime on AI | Buffett’s hoarding cash | Luxury car sales hit the brakes

Australian car dealers have been forced to sell luxury electric vehicles for a loss after Aussie consumers look for other options.

Amazon has doubled its investment in an AU company - investing another $4 billion in Anthropic – as it looks to join forces in the AI race.

Berkshire Hathaway has provided a pretty ominous update in its earnings - after it hoarded more than $325 billion USD in cash - not in investments.

_

Head to helia.com.au/LMI to learn more.

Helia Insurance Disclaimer:

Information is of general information, and does not constitute legal, tax, credit or financial advice, and is not tailored to a home buyer’s specific circumstances. Home buyers should consider their own personal circumstances and seek advice from their professional advisers before making any decisions that may impact their financial position.

Lenders mortgage insurance (LMI) is insurance that protects the credit provider, not the home buyer, and cannot be provided to borrowers. Helia Insurance Pty Limited ABN 60 106 974 305 is the issuer of the LMI policy and holds an Australian Credit Licence Number 393269.

Helia credit activities are limited to credit activities engaged by it as an assignee in relation to providing lender's mortgage insurance (LMI) products or as a credit provider under the doctrine of subrogation in relation to providing LMI products. The information provided in this article does not refer to a credit contract with any particular credit provider.

_

Download the free app (App Store): http://bit.ly/FluxAppStore
Download the free app (Google Play): http://bit.ly/FluxappGooglePlay 
Daily newsletter: https://bit.ly/fluxnewsletter 
Flux on Instagram: http://bit.ly/fluxinsta 
Flux on TikTok: https://www.tiktok.com/@flux.finance 
—-
The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes.

See omnystudio.com/listener for privacy information.