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History made as flying kangaroo reconnects Australia to India

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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.

Qantas boss Alan Joyce / Image: File

“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.

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The mounting pressure on Government spends

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Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending

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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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