Prime Minister Scott Morrison made the announcement on international borders after National Cabinet this afternoon.
Those who have had both doses of a TGA-approved vaccine will be allowed out of Australia and then will be able to quarantine inside their homes on their return for seven days.
There will be no restrictions on which countries will be open for travel.
Sydney International Airport will become the first to see flights take off en masse due to the high rates of vaccination in NSW.
The Prime Minister first announced the border closure on March 20, 2020 to all non-citizens and nonresidents. Even Australian citizens, permanent residents and their immediate family needed to apply for an exemption to travel and to quarantine at a hotel for 14 days on arrival at a cost of more than $3000.
Christmas comes early for Qantas / Image: File
Qantas responds to reopening news
Qantas will bring forward the restart of its international flights to 14 November 2021, following the Federal Government’s announcement that Australia’s borders will open in November.
The national carrier will operate three weekly return flights between Sydney and London and three weekly return flights between Sydney and Los Angeles with its Boeing 787-9 Dreamliners. These two destinations have been the most searched on qantas.com in recent weeks. More flights will be added to meet demand, if needed.
Sydney will become first city to see flights depart for overseas travel / Image: File
Fares are now on sale for Australian citizens, permanent residents and their immediate families and some visa holders. Fares start from $1662 return for Sydney-Los Angeles and $1869 return for Sydney-London.
All flights on both routes for the first week will be ‘Points Planes’, meaning frequent flyers can access uncapped Classic Flight Reward seats across all cabins. Seats on these flights will also be available as regular flight bookings.
Once the Federal Government announces the exact date that Australia’s international borders will reopen in November, the commencement dates for these two routes may need to be updated. Flights will be brought forward if its earlier than 14 November or moved to later in the month if necessary. Customers booked on these flights will have the flexibility to make ‘fee free’ date changes for travel until 31 December 2022 (a fare difference may apply). If flights are cancelled customers may also be eligible for a refund or credit voucher.
As previously indicated, all passengers on Qantas’ international flights will be required to be fully vaccinated with a TGA-approved or recognised vaccine (some exemptions for medical reasons and children). They will also be required to return a negative PCR COVID test 72 hours prior to departure.
Customers on these flights will be required to home quarantine for seven days on arrival into Australia, in accordance with the requirements from the Federal and New South Wales governments.
RBA holds rates at 3.6%, shifting investor focus from property to potential stock market gains amid persistent inflation pressures.
The Reserve Bank of Australia has held interest rates at 3.6 percent, signalling a steady approach as inflation pressures persist and prompting investors to reassess their strategies in an uncertain climate.
The decision has shifted attention away from the property market, with experts suggesting the stock market may offer stronger opportunities, especially for those looking to outpace inflation over the long term.
We speak with Dale Gilham from Wealth Within about what the RBA’s call means for investors, why confidence in housing is changing, and what smarter financial choices look like in 2025.
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U.S. retail sales weaken, raising concerns about consumer spending and economic resilience ahead of the holiday season.
Retail sales in the U.S. have unexpectedly weakened, raising new questions about consumer strength and the resilience of the economy. As Americans pull back on spending, analysts are watching closely to see whether this signals a broader shift toward caution in the lead-up to the holiday shopping period.
The slowdown has amplified uncertainty around the Federal Reserve’s next move on interest rates, as policymakers weigh mixed economic signals against cooling demand. With some categories falling sharply, economists warn that faltering retail activity could ripple into GDP forecasts and overall market confidence.
Brad Gastwirth from Circular Technologies joins us to break down which categories were hit hardest, why shoppers are becoming more value-conscious, and what this means for the economy heading into 2025.
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Elon Musk’s artificial intelligence startup xAI is preparing to close a huge $15 billion funding round next month, valuing the company at $230 billion pre-money. The raise highlights the intense investor appetite for advanced AI platforms as competition heats up across the sector.
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