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“Sickening” – Qantas charged over major COVID safety failure

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Australia’s national carrier has been charged with workplace breaches after a cleaner raised concerns with aircraft coming from China during the early months of the pandemic

COVID-19 Qantas

Qantas has been charged with breaches of the New South Wales Work Health and Safety Act after standing down an employee who raised concerns about the exposure of workers to COVID-19 during the early months of the pandemic, back in 2020.

SafeWork New South Wales confirmed on Tuesday that it filed the charges in the District Court of NSW against Qantas Ground Services on October 6, 2021.

“The charges relate to QGS standing down a worker who raised concerns about potential exposure of workers to COVID-19 while cleaning aircraft in early 2020.”

The Australian Transport Workers’ Union (TWU) confirmed the worker involved is Theo Seremetidis, a health and safety representative who allegedly advised colleagues to stop cleaning planes arriving from China in early 2020 due to the risk of COVID-19 exposure.

It is understood that Mr Seremetidis was directed by Qantas not to return to work on February 7, 2020, and was stood down on March 30 in line with the 20,000-plus other employees as a result of the pandemic and border closures. 

Reports state Qantas has reiterated a previously released statement, claiming that Mr Seremetidis was stood down for telling colleagues to take part in stop-work action without a reasonable basis to do so.”

Mr Seremetidis was directed not to come to work while he was investigated for failing to comply with our Standards of Conduct policy including allegations of attempting to incite unprotected industrial action,” a spokesperson for Qantas said.

“It’s worth noting that there was not a single positive COVID case carried on our flights back from China.”

Qantas said.

Transport Workers Union NSW State Secretary Richard Olsen says that the regulator’s decision to prosecute the Australian airline was a landmark moment for work health and safety across Australia.

Each charge – the exact number of which is not known – carries a maximum penalty of $594,021 if found guilty.

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Markets in 2026: Fed rates, gold surge, oil tensions & AUD strength

As 2026 begins, markets face economic shifts; gold and silver soar, while energy and currencies impact global investors.

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As 2026 begins, markets face economic shifts; gold and silver soar, while energy and currencies impact global investors.


As 2026 begins, global markets face a mix of economic shifts and geopolitical tensions shaping currencies, commodities, and interest rates. The Federal Reserve’s next moves are under the microscope, and Zoran Kresovic from Blueberry Markets says understanding these changes is key for investors navigating the year ahead.

Gold and silver are hitting all-time highs, driven by market volatility and economic uncertainty. Kresovic notes that both metals are likely to continue climbing, remaining essential safe-haven assets amid inflation concerns.

Energy markets are also volatile, with crude oil prices rising amid geopolitical tensions. Meanwhile, the Australian dollar is showing strength against the U.S. dollar. Kresovic highlights that these trends in energy and currency markets can ripple across the global economy, making them critical for investors to watch.

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#MarketUpdate #FedRates2026 #GoldPrices #SilverSurge #CrudeOil #AUDUSD #InvestingInsights #TickerNews


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Stocks hit record high as Powell faces investigation and Trump proposes credit cap

S&P 500 hits all-time high amid Fed scrutiny; Trump’s credit card cap proposal raises investor concerns over bank profits.

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S&P 500 hits all-time high amid Fed scrutiny; Trump’s credit card cap proposal raises investor concerns over bank profits.


The S&P 500 reached a new all-time high, with the Nasdaq climbing 0.5% while the Dow Jones held steady. This comes amid news of a criminal investigation into Federal Reserve Chair Jerome Powell. Despite the scrutiny, analysts believe short-term interest rates and inflation are unlikely to be impacted.

Meanwhile, Trump’s proposal to cap credit card rates at 10% for a year sparked concern among investors about potential effects on lending and bank profitability. Major bank stocks reacted sharply, with Citigroup down 3% and Capital One falling 6%.

In commodities, gold futures rose 2%, reflecting fears that political pressure on the Fed could challenge its ability to manage inflation effectively.

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#StockMarket #SP500 #Nasdaq #FederalReserve #JeromePowell #TrumpNews #BankStocks #GoldFutures


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Big banks, inflation, and earnings: What to watch this week

Major banks and corporations report earnings this week, influencing market outlook and economic indicators ahead of 2026.

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Major banks and corporations report earnings this week, influencing market outlook and economic indicators ahead of 2026.


This week is packed with financial news as major banks and corporations release their earnings. JPMorgan, Wells Fargo, and Goldman Sachs will reveal their year-end results, offering insight into the health of the banking sector. CEO Jamie Dimon of JPMorgan has already highlighted uncertainty in the U.S. economy, making investors watch closely.

In addition to banking, Delta Air Lines and Taiwan Semiconductor will report, shedding light on consumer spending and tech industry trends. These corporate updates will help investors gauge the broader market performance heading into 2026.

All eyes are also on December’s inflation figures, alongside retail sales and new home sales data. These reports will be key indicators for the U.S. economy, impacting stocks, interest rates, and market sentiment.

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#EarningsSeason
#InflationWatch
#StockMarket
#BigBanks
#TechStocks
#CorporateEarnings
#InvestingNews
#EconomicData


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