Money

History made as flying kangaroo reconnects Australia to India

Published

4 years ago

November 22, 2021

Re-connecting to the world. Qantas to link Melbourne Airport with Delhi

Qantas will launch the first new international route from Melbourne since the onset of Covid-19 when it begins direct flights to Delhi next month.

The new service will take off on December 22 and will initially operate four times a week from Melbourne to Delhi via Adelaide using an Airbus A330, with the return leg flying directly from Delhi to Melbourne.

The announcement came as Qantas resumed regular long-haul international flying out of Melbourne for the first time since March 2020.

The airline re-started flights to Singapore today with flights to London via Darwin set to follow later this week, allowing hundreds of Melbourne-based crew to begin returning to work.

Melbourne Airport CEO Lyell Strambi said that while international travel would take time to recover from Covid- 19, the new Delhi service was a huge vote of confidence in Victoria.

“Direct international air services are worth millions of dollars to the state’s economy”, he said.

“Not only do they allow easier access for visiting family and friends, tourists, skilled workers and students, they also give local exporters the ability to send time-critical produce into huge overseas markets.

“We’re working with our airline partners and the Victorian state government to restore the capacity we’ve lost during the pandemic, and to explore potential opportunities for new routes.

“The Melbourne-Delhi link is a major addition to Qantas’ route network, and one we believe has significant potential.

“To ensure these new services remain viable it is vital the federal government commits to re-opening to all fully- vaccinated travellers as soon as possible.

“Australians have had the opportunity to come home and given our high levels of community vaccination, the time is right to welcome back the rest of the world”.

Qantas has rolled out a range of new initiatives including a customised digital travel guide designed to help passengers navigate travel requirements before they leave home.

Money

Australian Dollar surges: What $0.70 means for markets

Australian dollar surges 5% to $0.70, impacting importers, exporters, and big miners amid rising interest rates.

Published

2 days ago

February 18, 2026

Harvey Vargas

Australian dollar surges 5% to $0.70, impacting importers, exporters, and big miners amid rising interest rates.

The Australian dollar has jumped more than 5 percent against the U.S. dollar this year, now trading around $0.70. This rapid rise has sparked mixed reactions for importers and exporters as Australia’s materials sector shows signs of bouncing back, despite concerns over rising interest rates.

Dale Gilham from Wealth Within breaks down the factors behind the AUD surge, the implications for commodities, and what it means for big miners like BHP. From profits to strategy, we explore how the market is reacting to this currency shift.

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#AustralianDollar #AUD #Forex #Investing #Commodities #BHP #Mining #Markets

Money

S&P 500 rises as financial stocks lead and tech slips

S&P 500 rises 0.4% thanks to financial stocks; software struggles amidst AI concerns. Subscribe for updates!

Published

2 days ago

February 18, 2026

Harvey Vargas

S&P 500 rises 0.4% thanks to financial stocks; software struggles amidst AI concerns. Subscribe for updates!

The S&P 500 climbed 0.4% on Tuesday, boosted by strong gains in financial stocks. Citigroup and JPMorgan led the rally, showing investors are rotating money into the sector as tech stocks faltered.

Meanwhile, software shares struggled, with ServiceNow, Autodesk, and Palo Alto Networks all seeing notable declines. Concerns around AI disruption continue to affect the software and financial sectors alike.

Market watchers are now turning their attention to upcoming inflation reports later this week, looking for signals that could shape the next moves in the market.

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Money

Australia’s GST debate heats up amid tax reform push

Australia debates GST expansion amid aging population pressures and personal income tax concerns; expert insights from Dr. Steven Enticott.

Published

3 days ago

February 17, 2026

Harvey Vargas

Australia debates GST expansion amid aging population pressures and personal income tax concerns; expert insights from Dr. Steven Enticott.

Australia is facing a fierce debate over tax reform, with fresh calls to broaden the Goods and Services Tax as the government searches for more stable revenue streams. With an ageing population putting pressure on health, pensions and long-term spending, economists argue the current reliance on personal income tax may not be sustainable.

Dr Steven Enticott from CIA Tax joins Ticker to break down the real impact of expanding the GST, including how it could affect lower-income households, whether taxing unrealised gains would change investor behaviour, and what compensation mechanisms could soften the blow on essential goods. The political risks are high, but so are the fiscal stakes.

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