Money

Qantas reveals 2022 full yearly results amid ‘challenging’ time for Group

Qantas has revealed its full yearly results for 2022, and CEO Alan Joyce says it is an extremely challenging time for the Group.

Published

2 years ago

August 25, 2022

ticker NEWS

Qantas has revealed its full yearly results for 2022, and CEO Alan Joyce says it is an extremely challenging time for the Group.

The Flying Kangaroo reported an underlying loss before tax of almost $1.9billion, and a statutory loss before tax of under $1.2b.

Joyce says the Group has halved its loss compared to the last financial year and is expected to get back to pre-COVID levels of profitability this year.

The CEO also confirmed that the Board has asked him to continue in his role, to get it through the crisis.

Money

Will Australia’s foreign investment rule create an economic boost?

Published

20 hours ago

May 7, 2024

Nathan Langridge

Australian Treasurer Dr. Jim Chalmers announced an overall of foreign investment rules ahead of the budget.

Australia is set to announce a significant decline in its projected gross debt, signalling a more optimistic outlook for the country’s fiscal health.

The Airport Economist, Professor Tim Harcourt at UTS joins to discuss.

Money

Research key to investment success

Published

2 days ago

May 6, 2024

ticker NEWS

What is the importance of research in the investing and super landscape in Australia?

Wyld Money dives into the world of financial freedom. Whether you’re a seasoned investor or just getting started, join us for actionable tips and tricks to unlock your earning potential, and retire on your own terms.

In this episode, Mark is joined by Peter Green, Director of Research at Lonsec Research. #wyld money

Money

Why “stagflation” will be the greatest financial threat of 2024

Published

2 days ago

May 6, 2024

Nathan Langridge

With inflation soaring and economic growth tapering off, concerns about stagflation are on the rise

Stagflation, a situation characterised by high inflation coupled with stagnant economic growth, presents a unique challenge that many are ill-prepared to face.

Mark Wyld from MW Wealth joins to unpack what defines “stagflation”. #featured