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Travel bubble bursts between Australia and NZ

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New Zealand has suspended its travel bubble with Australia

The nation has halted its travel bubble arrangements for at least eight weeks as Australia continues to battle against the delta variant of COVID-19.

New Zealand Prime Minister Jacinda Ardern fronted the media and stated that “the Delta variant has materially changed the risk profile”. 

From 11:59pm tonight, Australians will be unable to travel to New Zealand on a quarantine-free flight

This restriction will be in place for at least the next eight weeks.

The trans-tasman route is already closed to travellers flying into New Zealand from New South Wales, Victoria and South Australia as those states battle COVID-19 outbreaks. 

“For New Zealanders in Australia, we are absolutely committed to getting you home,” Ms Ardern said. 

Jacinda Ardern has paused the trans-Tasman arrangement with Australia.

Constant disruption to trans-Tasman travel bubble

Flights to New Zealand inside the bubble have been paused and restarted as different Australian states have experienced COVID-19 outbreaks. 

“For the next seven days, we will have managed return flights for New Zealanders from all states and territories. 

“Only New Zealand citizens and those ordinarily resident in New Zealand will be able to fly home.” 

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Crude oil futures sell off, insurance stocks at risk amid hurricanes

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Multiple hurricanes hitting the U.S. have sent shockwaves through the stock market.

Oil prices surged to nearly $81 per barrel amid growing concerns about supply disruptions due to escalating tensions in the Middle East and the aftermath of Hurricane Milton.

Israel’s possible strikes on Iranian oil facilities, along with Gulf of Mexico supply issues, have contributed to market volatility.

While prices have since cooled, the global oil market remains highly sensitive to geopolitical developments.

With oil prices up nearly 20% from September lows, market watchers are closely following the potential impacts on global growth and energy security.

As people prepare to weather Hurricane Milton, investors are also forecasting what the damage will be to the economy and markets.

For more, we’re joined by Greg Halter, the Director of Research at Carnegie Investment Counsel.

#IN AMERICA TODAY #trending #stockmarkets #HurricaneMilton #crudeoil

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Reports show that workplace mental health is at an all-time crisis point, demanding proactive strategies

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As Mental Health Week highlights the urgency of action, businesses are being urged to shift their mindset from compliance to proactive mental health strategies.

As Mental Health Week highlights the urgency of action, businesses are looking to implement crucial forward actions to boost workplace resilience.

  • Mental Health Crisis: Workplace mental health and wellbeing are at a crisis point, demanding urgent action from businesses.
  • Costly Impact: Business owners and senior leaders recognise the financial strain mental health issues place on organisations, yet solutions remain unclear.
  • Leveraging Laws: Psychological safety laws offer a framework to reverse the costly impact of workplace mental health challenges.
  • Mindset Shift: A change in approach is required, viewing mental health regulations as opportunities for long-term, sustainable success rather than a compliance burden.

Sharné Lategan, Psychological Safety Expert and Growth Mindset Coach of Grow and Expand, joins to share her expert analysis into workplace physiology, bringing awareness during Mental Health Week. 

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Experts reveal AI’s impact on the retail experience in Australia

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AI has become a game-changer for marketers and retailers in Australia, with many consumers reacting positively to AI integration in the retail environment.

 

Retailers are using AI to optimise inventory, personalise shopping, and improve customer service through advanced chatbots.

Shoppers now enjoy personalised recommendations and seamless online shopping experiences.

Predictions suggest more personalised experiences and smarter shopping platforms within the next 12 months.

Will Wilson, RVP of Sales APJ at SAP Emarsys joins to share his insights into how AI is streamlining success on a large scale.

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