Money

Qantas announces Vanessa Hudson as new CEO

Published

1 year ago

May 2, 2023

ticker NEWS

The current Chief Financial Officer will take over from Alan Joyce in November

Vanessa Hudson is taking over as boss of Australia’s national carrier later this year.

Hudson joined Qantas in 1994 and has since climbed her way to the top.

She’s worked across commercial, customer and finance roles across the Group in Australia and overseas.

She comes to the role after a four year stint as Chief Financial Officer.

In this role, she saw the airline weather the storm that was the pandemic.

As for Joyce he plans to see out the next six months before his retirement.

He says a number of candidates were considered for the role both internally and externally.

He’s been in the role for 15 years where he has overseen the creation of Jetstar and innovations like Project Sunrise.

But Qantas has also been in the headlines for the wrong reasons too.

Of course, the airline had to lay off thousands of staff during the height of the pandemic.

There’s also been disputes with unions and of course the rising cost of air travel.

It’s a big job, so they’re big shoes to fill. #trending #featured

Money

Why the meme-stock frenzy is unlikely to repeat

Published

5 days ago

May 14, 2024

Nathan Langridge

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

Money

Why are airlines after the Biden Administration?

Published

5 days ago

May 14, 2024

Nathan Langridge

Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

Money

The mounting pressure on Government spends

Published

6 days ago

May 13, 2024

ticker NEWS

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