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Will Qantas return to London before Perth?

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They are strange times we live in, when Australia’s national carrier could soon return to London before flying Sydney to Perth.

Project Sunrise has been hailed as the holy grail for Qantas. 230 years since the first fleet set sail on a months long voyage, modern aviation has linked far flung corners of the globe.

Qantas set out a challenge to Boeing and Airbus to deliver an ultra long-haul jet capable of linking the east coast of Australia, namely Sydney and Melbourne, to New York or London. Hopefully with a good entertainment system to boot.

Project Sunrise route map
Project Sunrise route map from Australia’s east coast.

Project Sunrise setback

In May, Qantas announced that Sydney would be the first city to launch Project Sunrise.

At the investor briefing, after announcing a $2.3 billion loss, attention quickly turned to when Qantas might restart international flights.

Right now, m Australia is locked up, with Western Australia becoming the hermit kingdom, completely separated from Sydney and Melbourne.

While Qantas chief Alan Joyce fumed at the domestic border closures, it could be the airline’s international arm that drags the Qantas group back to profitability.

Throughout the pandemic, New South Wales has been the anti-lockdown state, preferring to focus on keeping business humming and reluctantly heading into lockdown.

New South Wales residents are fast on their way to receiving 6 million vaccination jabs, seemingly hungry to reopen despite the rise in cases to above 1000 per day for the first time during the pandemic.

It’s the same strategy used by the UK, and requires a leader who can hold their ground despite rising case numbers.

In Australia, NSW Premier Gladys Berejiklian is the closest you can get to the British PM.

A Qantas 787 Dreamliner
A Qantas 787 Dreamliner

Freedom day

And just like the UK, may look to a freedom day whereby restrictions are dropped once the population hits the 80% vaccination mark. NSW is among the fastest in the world to take up the vaccine in recent weeks.

The International Air Transport Association (IATA) has already flagged the possibility of COVID passports once vaccines reach 80%.

How it works

The IATA Travel Pass provides:

  • Governments with the means to verify the authenticity of tests or vaccinations and the identity of those presenting their certificates.
  • Airlines with the ability to provide accurate information to their passengers on test requirements and verify that a passenger meets the requirements for travel.
  • Laboratories with the means to issue certificates to passengers that will be recognized by governments, and
  • Travelers with accurate information on test requirements, where they can get tested or vaccinated, and the means to securely convey the results/certificates to airlines and border authorities

That could see Qantas almost do the unthinkable opening up travel from Australia to London before internal borders are open.

A sign of how far Australia has come, or how far it has to go.

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ANZ job cuts spark banking clash

ANZ plans to cut 3,500 jobs, sparking debate on the future of Australia’s banking sector and employment dynamics.

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ANZ plans to cut 3,500 jobs, sparking debate on the future of Australia’s banking sector and employment dynamics.


ANZ has announced plans to cut 3,500 staff and 1,000 contractors over the next year, triggering a fierce debate between business leaders, unions, and government about the future of Australia’s banking sector.

The decision raises wider questions about the resilience of the business community and the role of politics, productivity, and technology in shaping employment.

#ANZ #Banking #Jobs #Unions #Australia #Economy #TickerNews


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1 in 8 households don’t have the money to buy enough food

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Katherine Kent, University of Wollongong

Around one in eight (1.3 million) Australian households experienced food insecurity in 2023. This means they didn’t always have enough money to buy the amount or quality of food they needed for an active and healthy life.

The data, released on Friday by the Australian Bureau of Statistics (ABS), show food insecurity is now a mainstream public health and equity challenge.

When funds are tight, food budgets suffer

The main driver of food insecurity in Australia is financial pressure.

Housing costs and energy bills expenses consume much of household income, leaving food as the most flexible part of the budget.

When money runs short, families cut back on groceries, buy cheaper but less nutritious food, skip meals, or rely on food charities.

These strategies come at the expense of nutrition, health and wellbeing.

Inflation has added further pressure. The cost of food has risen substantially over the past two years, with groceries for a family of four costing around $1,000 per fortnight.

Who is most affected?

Not all households are affected equally. Single parents face the highest rates of food insecurity, with one in three (34%) struggling to afford enough food.

Families with children are more vulnerable (16%) than those without (8%).

Group households, often made up of students or young workers, are also heavily affected at 28%.

Rates are even higher for Aboriginal and Torres Strait Islander households, where 41% report food insecurity.

Income remains a defining factor. Nearly one in four (23.2% of) households in the lowest income bracket experience food insecurity, compared with just 3.6% in the highest.

These headline numbers are only part of the story. Past research shows higher risks of food insecurity for some other groups:

While the ABS survey can not provide local breakdowns, it will also be important to know which states and territories have higher rates of food insecurity, to better inform state-level responses.

What are the impacts?

Food insecurity is both a symptom and a cause of poor health.

It leads to poorer quality diets, as households cut back on fruit, vegetables and protein-rich foods that spoil quickly. Instead, they may rely on processed items that are cheaper, more filling and keep for longer.

The ongoing stress of worrying about not having enough food takes a toll on mental health and increases social isolation.

Together these pressures increase the risk of chronic diseases including diabetes, heart disease and some cancers.

For children, not having enough food affects concentration, learning and long-term development.

Breaking this cycle means recognising that improving health depends on improving food security. Left unaddressed, food insecurity deepens existing inequalities across generations.

What can we do about it?

We already know the solutions to food insecurity and they are evidence-based.

Strengthening income support by increasing the amount of JobSeeker and other government payments is crucial. This would ensure households have enough money to cover food alongside other essentials.

Investment in universal school meals, such as free lunch programs, can guarantee children at least one nutritious meal a day.

Policies that make healthy food more affordable and available in disadvantaged areas are also important, whether through subsidies, price regulation, or support for local retailers.

Community-based approaches, such as food co-operatives where members share bulk-buying power and social supermarkets that sell donated or surplus food at low cost can help people buy cheaper food. However, they cannot be a substitute for systemic reform.

Finally, ongoing monitoring of food insecurity must be embedded in national health and social policy frameworks so we can track progress over time. The last ABS data on food insecurity was collected ten years ago, and we cannot wait another decade to understand how Australians are faring.

The National Food Security Strategy is being developed by the Department of Agriculture, Fisheries and Forestry with guidance from a new National Food Council. It provides an opportunity to align these actions, set measurable targets and ensure food security is addressed at a national scale.

Food insecurity is widespread and shaped by disadvantage, with serious health consequences. The question is no longer whether food insecurity exists, but whether Australia will act on the solutions.The Conversation

Katherine Kent, Senior Lecturer in Nutrition and Dietetics, University of Wollongong

This article is republished from The Conversation under a Creative Commons license. Read the original article.

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Inflation data impacts markets as stocks reach highs

Inflation data and tariff uncertainty loom as U.S. stocks near record highs ahead of potential Federal Reserve rate cuts

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Inflation data and tariff uncertainty loom as U.S. stocks near record highs ahead of potential Federal Reserve rate cuts

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In Short:
– U.S. stock investors face crucial inflation data amidst concerns over tariffs and bond yields.
– The Federal Reserve is expected to lower interest rates following weaker job growth and trade uncertainties.
U.S. stock investors are facing a week filled with critical inflation data.
Uncertainty over tariffs and government bond yields complicates the market landscape. Despite a record high for the S&P 500 index, the recent monthly employment report revealed weaker job growth in August, prompting concerns.Banner

Investor focus turns to the upcoming U.S. consumer price index data, with implications for potential interest rate cuts.

The Federal Reserve is widely expected to reduce rates at its upcoming meeting.

Market Risks

Concerns linger around tariffs, especially after a court ruling deemed many of President Trump’s tariffs illegal.

This has muddied the decision-making for corporations and investors. Higher long-dated U.S. government debt yields, which reached 5% for the first time in over a month, have also contributed to stock market challenges.

Despite a substantial 10% rise in the S&P 500 this year, traders remain cautious as economic releases could disrupt elevated stock valuations amidst ongoing trade uncertainties.


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