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Qantas auction sparks multi-million point spending ‘frenzy’

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Qantas wins in another High Court battle

Qantas’ first-ever points auction has blown expectations out of the sky

Loyalty members have splashed up to 12.3 million Qantas points in a bid to nab some exclusive items.

Among the unique launch offerings, were a rare set of Qantas lie-flat business Skybeds and a lavish Dash-8 private charter flight for up to 30 mates.

Two Qantas A380 sky beds used for crew training since 2008 have “sold” for two million frequent flyer points and that equates to around $40,000.

With little flying going on, Qantas came up with the concept of a “points auction” to engage frequent flyers who have continued to amass points from activities like credit card use and grocery shopping.

Five items or experiences have gone up for auction since Monday, with the sky beds attracting the second-highest bid to date.

Qantas A380 Skybeds

Other items to go under the hammer in the daylong auctions included a Boeing 787 simulator experience with a Qantas captain which went for 1.2 million points.

A soccer clinic for 20 children with Socceroos coach Graham Arnold attracted a winning bid of 501,000 points and a holiday for four to Queenstown flying in business class “sold” for 3.76 million points.

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Wall Street hits record highs as markets shrug off Venezuela tensions

US markets hit record highs as investors shrug off geopolitical tensions, with the S&P 500 up 0.7% and Dow 1%.

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US markets hit record highs as investors shrug off geopolitical tensions, with the S&P 500 up 0.7% and Dow 1%.


US markets surged to fresh records as investors looked past recent geopolitical tensions following the US attack on Venezuela. Confidence returned quickly, driving broad gains across major indices.

The S&P 500 climbed 0.7% to reach a new all-time intraday high, while the Dow Jones Industrial Average jumped 495 points, or 1%, also setting a record during Tuesday’s session.

The rally signals continued optimism around economic resilience, despite global uncertainty and ongoing international conflicts.

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Dow hits record after U.S. military action in Venezuela

Dow Jones surged 600 points post-U.S. action in Venezuela, boosting energy stocks amid cautious gold futures rise.

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Dow Jones surged 600 points post-U.S. action in Venezuela, boosting energy stocks amid cautious gold futures rise.


The Dow Jones Industrial Average surged nearly 600 points to a record close following U.S. military action in Venezuela. Investors responded positively, signalling confidence that the geopolitical situation would not spiral out of control.

Stocks rallied alongside rising crude oil prices, with energy companies like Chevron and Exxon Mobil leading the gains. Analysts noted that oil infrastructure rebuilding in Venezuela could provide long-term benefits for the sector.

Despite the bullish market reaction, gold futures also rose, suggesting that some traders remain cautious amid global uncertainties.

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#DowJones #StockMarket #Venezuela #Maduro #OilPrices #EnergyStocks #Geopolitics #TickerNews


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Wall Street eyes further gains in 2026 as rate cuts fuel optimism

Wall Street enters 2026 optimistic as falling interest rates and strong earnings drive stock market expectations amid economic resilience.

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Wall Street enters 2026 optimistic as falling interest rates and strong earnings drive stock market expectations amid economic resilience.


Wall Street is entering 2026 with renewed confidence as falling interest rates and robust corporate earnings lift expectations for continued stock market gains. Analysts say an easier monetary policy is providing fresh momentum for equities after several strong years.

The US economy has continued to show resilience, with businesses maintaining healthy balance sheets and earnings growth holding up despite global uncertainty. Lower borrowing costs and supportive fiscal settings are expected to further boost investor sentiment.

However, market watchers remain cautious, warning that optimism could fade quickly if economic data disappoints or inflation pressures return.

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