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Heathrow Airport opens dedicated terminal ‘red list’ arrivals terminal

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The United Kingdom’s biggest airports has opened up a dedicated hub to process arrivals coming from red list nations

This month, Heathrow Airport reopened Terminal 4, using the hub as a dedicated facility for processing passengers arriving from red list countries.

The airport stated that the measure would keep those arriving from destinations on the high-risk list away from other travellers, reducing the risk of exposure to COVID.

The red list has been resurrected with 10 countries in southern Africa put on it on 26 November due to concerns surrounding the new Omicron coronavirus variant, believed to have originated in South Africa.

Emirates plans to swap Boeing 777X for Dreamliner
Emirates arrival into London Heathrow / Image: File

People entering Britain from those locations must spend 11 nights in a quarantine hotel

The cost to pay for hotel quarantine is estimated at £2,285 for per passenger.

Heathrow first opened a facility for red list arrivals at Terminal 3 in June following concerns that allowing passengers to mix with those who had flown in from other locations could increase the spread of the virus, and drive up cases in the country.

It was later switched to Terminal 4, however programme was closed in early November following the removal of the final seven countries on the list.

Tougher travel rules introduced by the government include requiring fully vaccinated people entering the UK to self-isolate until they receive a negative result from a PCR test.

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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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