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Be careful what you do at the airport this holiday season

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Passengers are being urged to stay on the ‘Nice List’ at Australian airports as the festive season approaches

The Australian Federal Police (AFP) will step up its patrol of major airports across Australia as the festive season gets underway.

The aviation sector is recovering from over two years of pandemic-related turbulence.

However, travel demand is beginning to return to pre-pandemic levels.

Melbourne International Airport recently recorded 78 per cent passenger numbers when compared to figures from October 2019.

These figures are expected to increase during the festive season, which has prompted the AFP to bolster its commitment to protecting passengers.

Authorities are working with airlines, airports and regulatory authorities to help ensure a safe environment for passengers.

More than 330 alleged offenders have been charged around 420 charges at Australian airports between May and October this year.

In most cases, the charges involved intoxication, offensive behaviour, possessing a prohibited weapon, carrying prohibited items, public disturbance and incidents relating to assault.

“This is a special time of the year, and the AFP is at airports to keep passengers safe,’’ Assistant Commissioner Scott Lee said.

“The majority of passengers do the right thing, but we know those who do not can be disruptive for other passengers.”

How prepared are Australian airports?

The Australian Airports Association concedes this upcoming holiday season will be a “busy one”.

However, company chief executive officer James Goodwin said it is important travellers do the “right thing” and respect each other.”

“Australian Airports Association chief executive officer James Goodwin said the holiday season would be a busy one, but it was important travellers did the right thing and respected each other,” he said.

Australian airports have been impacted by staff shortages, because of pandemic-related illness.

The national carrier, Qantas has come under fire for firing thousands of staff during the height of the pandemic, which have impacted consumers at many Australian airports.

The airline apologised for its barrage of delayed or cancelled flights, and lost luggage as travellers returned to the skies since the height of Covid-lockdowns brought the sector to a grinding halt.

“On behalf of the national carrier, I want to apologise and assure you that we’re working hard to get back to our best,” said Qantas chief executive Alan Joyce at the time.

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Stocks rally ahead of Thanksgiving as markets log four days of gains

Markets gain momentum ahead of Thanksgiving, with the Dow up 388 points and Oracle rising 4% amid investor optimism.

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Markets gain momentum ahead of Thanksgiving, with the Dow up 388 points and Oracle rising 4% amid investor optimism.


Markets are moving into the Thanksgiving break with strong momentum, as stocks notch four straight days of gains. The Dow Jones Industrial Average jumped 388 points, while the S&P 500 added 0.9%, pushing both indexes toward their best week since June.

Oracle led major movers, rising more than 4% after Deutsche Bank reaffirmed its bullish outlook on the tech giant. Broad investor optimism continues building across sectors as economic data softens and earnings remain resilient.

All eyes are now on the Federal Reserve and what potential shifts in interest-rate policy may mean for the markets. U.S. markets will close Thursday for the Thanksgiving holiday and reopen Friday for a shortened trading session.

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#Markets #Stocks #Thanksgiving #DowJones #SP500 #Oracle #FederalReserve #FinanceNews


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Dow surges 500 points amid rate cut optimism

Dow jumps 569 points on fresh hopes for December rate cut and AI market optimism

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Dow jumps 569 points on fresh hopes for December rate cut and AI market optimism

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In Short:
– Dow Jones rose 569 points, reflecting optimism for a Federal Reserve interest rate cut.
– Alphabet’s stock increased as Meta may invest in AI chips, but Nvidia’s declined amid market concerns.
The Dow Jones Industrial Average increased by 569 points or 1.2% on Tuesday, reflecting investor optimism for an upcoming Federal Reserve interest rate cut. The S&P 500 and Nasdaq Composite also posted gains, up 0.8% and 0.4% respectively. This represented a recovery from earlier losses, where the S&P 500 briefly fell by 0.7%.Banner

Markets anticipate an 85% chance of a quarter-point rate cut in December, driven by comments from New York Fed President John Williams, who indicated the possibility of lower rates soon. Investor sentiment strengthened following reports that Kevin Hassett may be appointed as the next Fed chair, potentially resulting in a more lenient monetary policy.

Tech Sector

Alphabet saw its stock rise by over 1% after reports indicated that Meta Platforms might invest in its AI chips. This could signal increased demand for AI technology, benefiting the sector overall. However, Nvidia’s stock fell more than 3%, suggesting concerns about its dominance in the AI chip market.

Investors are also wary of the valuation of tech stocks. Despite recent gains, the S&P 500 and Nasdaq remain down over 1% and 3%, respectively, for November, while the Dow has lost more than 1% this month. The broader market’s performance indicates ongoing scrutiny regarding tech valuations amid changing economic expectations.


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Gold prices surge as Central Banks buy big, but risks grow ahead

Gold prices surge as central banks increase demand; risks include a stronger dollar and rising interest rates.

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Gold prices surge as central banks increase demand; risks include a stronger dollar and rising interest rates.


Gold prices are climbing fast as central banks ramp up buying, pushing demand to its highest levels in years. The metal’s reputation as a safe haven is strengthening, especially amid rising geopolitical tensions and global financial uncertainty.

But experts warn the shine could fade. A stronger US dollar and the possibility of rising interest rates may weigh on momentum, making investors question how long the rally can last.

Dr Steven Enticott from CIA Tax breaks down the drivers behind gold’s surge—from ETF inflows to physical bar demand—and what could send the price sharply higher… or lower.

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#gold #markets #centralbanks #economy #finance #investing #interestRates #usdollar


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