Money
New airline to launch in Australia
Australia’s aviation market is set to become even more competitive, as the sector plans to reopen in 2022
Painted in purple and white, Bonza Airlines is gearing up to become Australia’s next low cost carrier (LCC), going head to head with mostly Jetstar.
The independent carrier will fight for business on already busy domestic routes across the country next year, promising cheaper fares to travellers.
In a company issued statement, Bonza said its launch from early next year will give Aussies “more travel choices and more affordable air travel” to destinations across the country.
The founder and CEO of the new airline has more than 25 years of experience working within the aviation sector, previously working at Cebu Pacific and Virgin Australia when the airline was called ‘Virgin Blue.’
“Bonza’s mission is to encourage more travel by providing more choices and ultra-low fares, particularly into leisure destinations where travel is now often limited to connections via major cities,”
Bonza will be backed by US private investment firm 777 Partners and will put a particular focus on routes into leisure destinations.
CEO, Mr. Jordan says “Bonza will play a leading role in Australia’s post-pandemic economic recovery – creating jobs, stimulating travel and consumer spending and help regional communities, especially those that rely on tourism, get back on their feet,”
The fleet:
The airline will launch with an unspecified number of Boeing 737-8 MAX aircraft.
Bonza is set to still finalise regulatory approval to start operating within Australia.
Jordan says with Miami-based private investment firm 777 Partners backing Bonza, their chances of success are high.
Money
Why most Australians aren’t ready for retirement
Australians’ retirement readiness declines as super fund trust wanes; expert shares insights and solutions for financial confidence.
Australians’ retirement readiness declines as super fund trust wanes; expert shares insights and solutions for financial confidence.
Fewer than one in three Australians feel financially prepared for retirement, with trust in super funds falling and planning gaps widening. In this episode, Dale Gilham from Wealth Within explains why the nation is struggling with financial confidence.
We cover the most common mistakes retirees say they’ve made, how super fund distrust is reshaping decisions, and what role financial planning plays in boosting readiness.
Gilham also outlines the tools and resources Australians are seeking most as they look to secure their financial future. Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker
#Retirement #Superannuation #Finance #Australia #WealthPlanning #MoneyMatters #FinancialFreedom #TickerNews
Money
The fine line between smart investing and risky gambling
Dr. Enticott explains the psychology of risk in investing and offers strategies for safe wealth building. #Investing #Finance #MoneyTips
Dr. Enticott explains the psychology of risk in investing and offers strategies for safe wealth building. #Investing #Finance #MoneyTips
The difference between a high-risk gamble and a calculated move often comes down to understanding the odds — and respecting them. In this interview, Dr. Steve Enticott from CIA Tax breaks down the psychology behind risky bets.
We discuss how hype-driven investments like meme coins can lure in latecomers, why gambling is statistically designed against the player, and how leverage without a safety net can quickly spiral into financial disaster.
Dr. Enticott also shares practical advice for long-term strategies that focus on building wealth safely, rather than chasing get-rich-quick schemes. Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker
Hashtags:
#Investing #Gambling #WealthBuilding #Crypto #Finance #MoneyTips #RiskManagement #TickerNews
Money
Bitcoin rises as a safe asset during shutdown
Bitcoin reaches near all-time high as investors seek safe havens amid US government shutdown
Bitcoin reaches near all-time high as investors seek safe havens amid US government shutdown
– Bitcoin nears all-time high amid U.S. government shutdown, trading at $123,685.87 on October 3rd.
– In South Korea, Bitcoin surpassed 170 million KRW, reaching 170.96 million KRW on October 3rd.
The price climbed to 170.96 million KRW at Bithumb on October 3rd, breaking the previous record of 169.90 million KRW from August 14th.
The surge in Bitcoin’s price is driven by increased interest in safe-haven assets amid the government shutdown. Since October 1st, 750,000 federal employees have been placed on unpaid leave, leading investors to consider alternative assets.
Jeff Kendrick of Standard Chartered remarked that the current market situation differs from the 2018-2019 shutdown, as Bitcoin now closely correlates with U.S. government risk.
Bitcoin’s Future
Forecasts suggest Bitcoin’s upward momentum will persist. Standard Chartered predicts Bitcoin could break its all-time high and reach $135,000. JP Morgan analysts foresee a potential rise to $165,000 by year-end.
Historically, October has been a bullish month for Bitcoin, coining the term ‘Uptober’ due to average returns of 20.63% over the last decade. Ethereum is also on the rise, trading around $4,500, contributing to a larger $4.12 trillion cryptocurrency market.
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