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American plane maker to open major factory in Australia

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Major US-based aircraft maker, Boeing is heading for Australia’s sunshine state

The new Boeing manufacturing facility is planned to be built at Toowoomba’s Wellcamp Airport in an Australian first.

The facility would be involved in manufacturing the Loyal Wingman unmanned aircraft for the Royal Australia Air Force.

Queensland Premier Annastacia Palaszczuk stated that the Boeing project would bring more than 300 jobs to the area, and was ‘very welcome’

The Queensland Government also confirmed that the interior of the aircraft manufactured at the new site would be painted maroon and stamped with “Made In Queensland”.

The Loyal Wingman is an unmanned aircraft but works alongside crewed aircraft, with Defence currently examining how it will be deployed once it’s put into use.

The new facility isn’t the first to be opened and operated by Boeing, with the plane maker also operating sites across Australia’s east coast, including in major cities; Melbourne and Sydney.

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

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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.

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Research key to investment success

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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

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

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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

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