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Third Australian airline enforces vaccine mandate

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A third Australian airline has moved to mandate the COVID vaccine amongst staff

Rex Airlines on Monday confirmed the vaccine will be mandated to all of the airline’s frontline, customer facing staff.

Employees have until November 1, 2021 to be fully vaccinated against COVID-19.

The mandate makes Rex the first Australian airline to achieve that goal, and would include company employees working at check-in and all pilots and cabin crew across its regional and domestic networks.

The airline reassures that passengers onboard Rex flights will be travelling in “the safest possible circumstances” as all crew will be vaccinated.

“We have a duty of care to both our passengers and staff to provide the safest possible
environment,”

Rex Deputy Chairman, the Hon John Sharp AM, said.

Rex confirmed it would offer the small number of unvaccinated frontline staff non customer facing roles wherever available, while unvaccinated office staff will be required to wear a mask while at work.


“As we provide an essential service operating to regional centres and remote communities
throughout Australia, it is incumbent upon us to do whatever we can to help those residents remain safe and healthy.”

Rex is Australia’s largest independent regional and domestic airline operating a fleet of 60 Saab 340 and six Boeing 737-800NG aircraft to 62 destinations throughout all states in Australia.

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Money

Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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