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Qantas Airways named ‘Spirit of Disappointment’ in Shonky awards

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Qantas Airways

Qantas Airways has been crowned the winner of the Shonky Awards amid customer dissatisfaction

Qantas Airways has been labelled the ‘Spirit of Disappointment’ during this year’s Shonky Awards, or ‘Shonkys’ by Consumer advocacy group ‘Choice’.

The ‘shonkys’ are designed to recognise “worst of the worst products and services” offered in the nation.

Steggles, VetPay, Bloomex and Zega Digital cookware are the other brands that have also been named and shamed.

Credit: Choice Shonky Awards

But this is the third time Qantas has been crowned the winner.

It comes after months of lost luggage, long wait times, cancelled flights and the airline’s controversial flight credits scheme.

Choice chief executive Alan Kirkland says Qantas has seemingly gone out of its way to earn the award.

He says “people are still paying premium prices to fly Qantas, but it’s clear from the complaints, they’re not getting a premium service.”

But a spokesperson for the airline has slammed the award, saying it is out of date.

Qantas believes its performance has improved, with customers redeeming more than $1 billion in COVID-related flight credits.

The carrier also notes “no one is disputing the fact it had issues earlier this year”.

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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What to expect for IPO markets

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With high interest rates and geopolitical uncertainty–what’s in store for IPO markets?

As the second half of 2024 begins, the IPO market is poised for a potential rebound after a sluggish start to the year.

With improving economic conditions and renewed investor confidence, more companies seem to be considering going public, creating market optimism.

However, challenges such as inflation and geopolitical uncertainties remain key factors to watch.

Dean Quiambao, a partner at Armanino joins Veronica Dudo to discuss what experts are predicting for the IPO landscape in the coming months and how businesses are positioning themselves for success.

#IN AMERICA TODAY #trending #IPO #IPOmarkets #ratecuts

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ASX positioned for strong start after positive stock rebound

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The ASX is set for a solid opening today, bolstered by overnight gains in the banking, commodities, and energy sectors.

Despite these positive movements, analysts are suggesting that the stock rebound and bond decline appear to be technically driven, noting that it may not mark the beginning of a longer-term trend.

Market analyst David Scutt from StoneX joins to discuss the latest market movements. #featured #trending

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Elon Musk is projected to become the world’s first trillionaire

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Elon Musk, the visionary entrepreneur behind Tesla and SpaceX, is projected to achieve an unprecedented financial milestone by becoming the world’s first trillionaire by 2027.

Currently the richest person alive, Musk holds a staggering net worth of $251 billion, with Tesla playing a major role in his fortune.

At this rate, experts predict his wealth could skyrocket, reaching the trillion-dollar milestone in just three years.

Tesla itself is growing at a remarkable pace, with a market value nearing $670 billion. #featured #trending

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