Australia’s national carrier has made drastic changes to its operating schedule as the country’s border spat continues
Qantas on Monday announced that it is bringing forward the resumption date of popular flight paths by at least a month, after both the Victorian and New South Wales governments revealed their roadmaps out of lockdowns.
Flights between Victoria and New South Wales will now begin on November 5, earlier than the previous date of December 1. The change is based on Victoria’s reopening plan.
However, as previously flagged, Qantas will temporarily reroute its flagship Perth-London service until at least April 2022 due to border restrictions with Western Australia
Qantas says, internationally, flights are still on track to gradually restart from 18 December 2021 onwards when Australia is expected to have reached National Cabinet’s ‘Phase C’ vaccination threshold of 80 per cent. However, as previously flagged by the airline, Qantas will temporarily reroute its flagship Perth-London service until at least April 2022 due to the latest WA border settings and assumptions.
Qantas staff talk to passengers onboard a flight bound for Auckland on April 19.
Qantas is in detailed discussions with the Northern Territory Government and Darwin Airport to assess operating the direct London flight from Darwin during this time
The national carrier has successfully used Darwin as a hub for its repatriation flights to various destinations across Europe, Asia and the Middle East over the past 12 months.
The discussions for what would be a daily Melbourne-Darwin-London service focus on the logistics of domestic and international transit under the current NT Government Plan for COVID-Management at Stage 3 of the National Plan. If this service can’t operate through Darwin, it will instead fly Melbourne-Singapore-London until at least April 2022. A decision on the exact routing is likely to be made within the next two weeks.
Qantas Group CEO, Alan Joyce, said: “It’s great to see plans firming up for some domestic borders opening given the success of the national vaccine rollout.
“We’re now planning to ramp up flying between Melbourne and Sydney, which is usually the second busiest air route in the world, almost a month earlier than expected. There are also a lot of regional destinations that will open up for the first time since June, which is great news for tourism as well as family and friends who can’t wait to see each other again.”
“Get ready to see some emotional reunions at airports from late-October onwards.”
The intense discussions with WA
Qantas says: “Based on our discussions with Western Australia we know their borders won’t be open to New South Wales and Victoria until early next year, so we’ve sadly had to cancel the flying we had planned on those routes in the lead-up to Christmas. We will maintain a minimum service for people with permits to travel, though, as we have throughout the pandemic.”
“At this stage, WA doesn’t intend to open to international travel until sometime next year, so we’ll unfortunately have to temporarily move our Perth-London service until at least April 2022. Instead of operating from Melbourne to Perth and then on to London as it usually does, this flight will operate from Melbourne to London via either Darwin or Singapore, depending on conversations we’re having with the NT in the coming weeks. We look forward to operating this flight via Perth again when circumstances allow.”
“The pace of the vaccine rollout means we’re still on track for international flying to restart from 18 December onwards.”
Should State or Federal roadmaps change, and flights are cancelled, customers may be eligible for a refund, credit voucher or to change the date of their travel
Further details are available on Qantas and Jetstar’s websites.
International flights remain subject to Government and Regulatory approval.
In Short:
– The Federal Reserve cut interest rates by a quarter-point to address job market concerns.
– Officials expect at least two additional rate cuts by year-end amid ongoing economic uncertainties.
The Federal Reserve has reduced interest rates by a quarter-point, addressing concerns about a weakening job market overshadowing inflation worries.
A majority of officials anticipate at least two additional cuts by year-end during the remaining meetings in October and December.
Fed Chair Jerome Powell noted a significant shift in the labour market, highlighting “downside risk” in his statements.
The recent rate cut, supported by 11 of 12 Fed voters, aims to recalibrate an economy facing uncertainties from policy changes and market pressures.
Policy Dynamics
The decision comes amid intense political scrutiny, with President Trump openly criticising Powell’s reluctance to lower rates.
Despite the controversy, Powell asserts that political pressures do not influence Fed operations.
The current benchmark federal-funds rate now sits between 4% and 4.25%, the lowest since 2021, providing some reprieve to consumers and small businesses. Economic forecasts indicate ongoing complexities, including inflation trends and the impact of tariffs on labour dynamics, complicating future policy decisions.
In Short:
– This week’s Federal Reserve meeting faces unusual dissent as Chair Powell approaches his term’s end.
– Analysts predict dissent over expected rate cuts due to political pressures from Trump-appointed officials.
This week’s Federal Reserve meeting is set to be particularly unusual, with Chair Jerome Powell facing significant disagreements over future policy as he approaches the end of his term in May.Tensions began before the meeting when Fed governor Lisa Cook won a court ruling allowing her to attend, despite opposition from President Trump, who is attempting to remove her.
The situation is further complicated by the recent swearing-in of Trump adviser Stephen Miran to the Fed’s board, following a Senate confirmation.
Analysts believe Powell may encounter dissent on an expected quarter-percentage-point rate cut from both Trump-appointed officials and regional Fed presidents concerned about inflation.
Potential Dissent
Trump has urged significant rate cuts and for the board to challenge Powell’s decisions.
Some analysts predict dissenting votes from Miran and other Trump appointees in favour of larger cuts. Federal Reserve veterans express concerns that political motivations may undermine the institution’s integrity, with indications that greater dissent could become commonplace.
Reserve Bank of Australia plans to ban credit card surcharges despite banks warning of potential higher fees and weaker rewards.
In Short:
– The RBA plans to ban surcharges on debit and credit card transactions, supported by consumer group Choice.
– Major banks oppose the ban, warning it could lead to higher card fees and reduced rewards for credit card users.
The Reserve Bank of Australia (RBA) intends to implement a ban on surcharges associated with debit and credit card transactions. Consumer advocacy group Choice endorses this initiative, arguing that it is unjust for users of low-cost debit cards to incur similar fees as credit card holders.
The major banks, however, are opposing this reform. They caution that the removal of surcharges could prompt customers to abandon credit cards due to diminished rewards.
A final decision by the RBA is anticipated by December 2025.