economy of the country
Global tourism revenue to total 5.8 trln USD this year, surpassing pre-pandemic level: report
buff.ly/4aZMCnw
The pandemic pumped up productivity. Then the bubble burst: Here’s how we’re tracking now, and why putting in more work isn’t the answer.
smh.com.au/business/the-economy/the-pandemic-pumped-up-productivity-then-the-bubble-burst-20240417-p5fkk6.html
Stakeholders demand reforms in social interventions: In February, about seven people reportedly lost their lives in a stampede at the Nigeria Customs Service ...
punchng.com/stakeholders-demand-reforms-in-social-interventions/
Central banks have spent down their credibility: That will make inflation trickier to handle in future
economist.com/leaders/2024/04/03/central-banks-have-spent-down-their-credibility
Quick Glance: Inflation down in German states, signaling national decline
- Inflation fell in six economically essential German states in March, indicating that national inflation will continue its downward trend.
- Economists will closely monitor national inflation data as Germany releases its figures a day before the Eurozone inflation data on Wednesday.
- German companies expected the lowest prices in three years in March, with forecasts of inflation falling below the European Central Bank's target in the upcoming months.
- An increasing number of ECB policymakers have backed rate cuts, with a June meeting appearing as the most probable time for action, although a meeting is also scheduled for this month.
Central banks have spent down their credibility: That will make inflation trickier to handle in future
economist.com/leaders/2024/04/03/central-banks-have-spent-down-their-credibility
13 cities where hiring is picking up: Florida, Texas, midsize cities: Hiring is increasing in smaller cities like Boise and large hubs in Florida and Texas like ...
businessinsider.com/cities-hiring-the-most-florida-texas-california-job-growth-tech-2024-4
RBA to Shift to Ample Reserves System, Assistant Governor Christopher Kent Says: Australia’s central bank will act to ensure enough liquidity is available to ...
bloomberg.com/news/articles/2024-04-01/rba-to-switch-to-new-system-for-monetary-policy-implementation
Paid articlePaid
The Byron Bay Bluesfest has survived the recent spate of festival cancellations despite reporting a 30 per cent fall in ticket sales since the pandemic ... Show more www.abc.net.au/news/app
Singapore Airlines adds fourth daily service to Perth, Australia: Singapore Airlines is adding a fourth daily flight to Perth starting March 31st, 2024 ...
aviation24.be/airlines/singapore-airlines/singapore-airlines-adds-fourth-daily-service-to-perth-australia/
What do Boston diners really want? We asked, and they answered.: QR codes are annoying, mocktails are too expensive, and kids aren’t always welcome — even the ...
bostonglobe.com/2024/03/26/lifestyle/what-do-boston-diners-really-want-answers/
Downturn blues hit restaurants in Australia and New Zealand as consumers cut spending: ‘shops close early’
scmp.com/week-asia/economics/article/3256413/downturn-blues-hit-restaurants-australia-and-new-zealand-consumers-cut-spending-shops-close-early
Paid articlePaid Qantas fined $250,000, convicted for standing down a worker concerned about COVID-19 at beginning of pandemic
abc.net.au/news/2024-03-06/nsw-qantas-ruling-worker-sacked-covid-fine-convicted/103552378
Thought property investors were sitting on the sidelines? They’re back: Lending to property investors has reached a six-year high as a share of total home ...
smh.com.au/property/news/thought-property-investors-were-sitting-on-the-sidelines-they-re-back-20240213-p5f4lq.html
Scott Morrison: Former Australian prime minister to quit politics: His legacy includes Australia's pandemic response, the Aukus security pact ...
bbc.com/news/world-australia-68065395
Quick Glance: ScoMo's Resignation from Politics
- Former Australian Prime Minister Scott Morrison is resigning from parliament after 16 years, triggering a by-election.
- Morrison stated it's time for a new member to bring fresh energy and long-term commitment to the community.
- Shadow Treasurer Angus Taylor praised Morrison's legacy, including his contributions to AUKUS, handling Covid, and tax reform.
- Nationals Senator Bridget McKenzie paid tribute to Morrison and emphasized that his resignation is ultimately his own decision, and his prime ministership will be well regarded.
Qantas could be forced to pay 'many millions' to sacked workers: Qantas could be forced to pay a large sum in compensation after a court found it illegally ...
9news.com.au/national/qantas-illegal-outsourcing-workers-compensation-hearings-begin/ed546375-888e-43fe-b5a4-b729b457dfba
Experts warn Australia is facing an aviation skills shortage after COVID-19 pandemic
abc.net.au/news/2024-03-19/aviation-industry-skills-shortage-covid-19-pandemic-workers-jobs/103573228
Aggressive measures in COVID early years credited for saving thousands of lives: The Burnet Institute says global COVID-19 deaths data underscores Australia’s ...
smh.com.au/politics/federal/aggressive-measures-in-covid-early-years-credited-for-saving-thousands-of-lives-20240112-p5ewxi.html
11 Cities Ripe With Investor-Friendly Real-Estate Deals: Zillow: Home prices in pandemic boomtowns have been hit hard. But that means opportunities for investors ...
businessinsider.com/where-to-buy-a-house-cities-real-estate-investing-zillow-2024-3
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Chinese tourism to Australia still in the doldrums after pandemic travel bans: Tourism industry disappointed but hopeful Chinese holidaymakers could return by ...
theguardian.com/business/2024/mar/04/china-tourism-australia-numbers-since-pandemic-travel-bans
Sales growth expected: travel industry reports more bookings for the summer: Germans are enjoying traveling again after the pandemic, and the industry is ...
spiegel.de/wirtschaft/unternehmen/tourismus-reisebranche-meldet-mehr-buchungen-fuer-den-sommer-a-5425873c-c910-4e43-82fb-8638efbc2cb8
Qantas half-yearly profit falls by 13 per cent to $873 million: Qantas has recorded a 13 per cent fall in its post-tax profit to $873 million in the six months ...
abc.net.au/news/2024-02-22/qantas-half-year-profit-results-airfares-pandemic-flights/103496990
Quick Glance: Qantas Boosts Fleet and Service Investment
- Qantas CEO Vanessa Hudson focuses on investing in planes and customer service for increased returns.
- First-half profits declined by 13%, prompting increased capital expenditure and aircraft orders.
- The company aims to improve international earnings margins and customer divisions.
- Qantas is gearing up to introduce wi-fi on international flights by year-end.
Coles’s profit fall shows shoppers are starting to rebel against supermarket prices
theguardian.com/business/2024/feb/27/coles-half-year-profit-earnings-financial-results-release-share-price
Virgin Australia CEO Jayne Hrdlicka steps down ahead of IPO preparations: Hrdlicka, who was CEO for four years, led the airline when it purchased by U.S ...
financialexpress.com/business/airlines-aviation-virgin-australia-ceo-jayne-hrdlicka-steps-down-ahead-of-ipo-preparations-3399638/
Work-from-home battle begins – and the decision could affect millions: The Fair Work Commission is investigating whether it needs to change the basic rights for ...
theage.com.au/politics/federal/work-from-home-battle-begins-and-the-decision-could-affect-millions-20240221-p5f6kb.html
Property values in Australian capital cities slip behind regional areas: Two states are leading the country in best-performing non-metropolitan property ...
9news.com.au/national/property-news-corelogic-report-show-regional-values-outperforming-cities/62ecb763-35ed-425b-a5d4-473ecfa4a112
Rio Tinto’s underlying profit falls 12% to $11.8 billion, after demand for industrial commodities from biggest customer China failed to ramp up to pre-pandemic ... Show more trib.al/jbBHR9B
EC demands Romania to recover aid from Blue Air: Romania must now recover from Blue Air an illegal state aid amounting to approximately 33.84 million euros
romaniajournal.ro/business/the-european-commission-orders-romania-to-recover-from-blue-air-eur-34m-incompatible-state-aid-declared-illegal/
Foreign student visa rejections to cost unis $310m this year: The government has installed tougher visa rules for international students in order to cut ...
smh.com.au/politics/federal/foreign-student-visa-rejections-to-cost-unis-310m-this-year-20240214-p5f4qg.html
Melbourne airport faces busiest day since pre-pandemic ahead of Taylor Swift concerts
theguardian.com/music/2024/feb/16/taylor-swift-melbourne-concert-eras-tour-australia-airport-busiest-day
Airfares fell last year, but cancellations and delays persist: ACCC: Cancelled and late-running flights continue to dog the aviation industry four years after ...
theage.com.au/business/companies/airfares-fell-last-year-but-cancellations-and-delays-persist-accc-20240213-p5f4gv.html
Emirates to return to Adelaide, Australia, in October 2024: Emirates is set to resume daily flights from Dubai to Adelaide starting October 28, 2024 ...
aviation24.be/airlines/emirates-airline/emirates-to-return-to-adelaide-australia-in-october-2024/
Weird way Aussies are using cash: Australians may not be reaching for cash to make their daily purchases but a fresh report has identified the surprising way ...
news.com.au/finance/money/staggering-number-of-australians-are-hoarding-cash-rba-reports/news-story/2074ac2c31b6352ba1d124fddae2a11b
The once-booming NSW tree-change towns where rents are at a discount: Rents in more than a dozen regional NSW areas have flat lined or declined ...
smh.com.au/property/news/the-once-booming-nsw-tree-change-towns-where-rents-are-at-a-discount-20240111-p5ewlz.html
‘Hated’: Big mistake that wounded Qantas: In a few short years, Qantas has gone from one of the country’s most beloved brands to one of the most distrusted.
news.com.au/travel/travel-updates/travel-stories/qantas-faces-an-uphill-battle-after-a-hellish-year/news-story/abca2aa3e45c01b2928b7d98af4d1e95
Neither a pandemic nor interest rate rises: can anything dent the Australian housing market?
theguardian.com/commentisfree/2024/jan/18/australia-housing-market-value-rise-interest-rates-pandemic-abs-data
Companies will regret return-to-office mandates: Atlassian: Australia’s largest software company has marked 1000 days of a geographically spread workforce ...
theage.com.au/business/workplace/companies-will-regret-return-to-office-mandates-atlassian-20240117-p5exvb.html
Cheaper than five years ago: The suburbs where rents are back to 2018: Even though rents have reached record highs in many neighbourhoods, a handful have lagged ...
smh.com.au/property/news/cheaper-than-five-years-ago-the-suburbs-where-rents-are-back-to-2018-20240111-p5ewm2.html
@DeccaJourno In 2020, when the pandemic struck, Snook fell in love with Dave Lawson, an Australian actor with whom she had been platonic friends for years ... Show more
Tennis Australia received $100m taxpayer bailout to remain solvent during COVID-19 pandemic
abc.net.au/news/2024-01-15/victorian-government-bailed-out-tennis-australia-australian-open/103319846
Hands-on digital training key for post-pandemic MSME recovery — experts: Researchers from the Economic Policy Research Centre (EPRC) have recommended that after ...
newvision.co.ug/category/news/hands-on-digital-training-key-for-post-pandem-NV_178795
How COVID crunched Melbourne’s public transport use – and the unlikely winner: Victorians have ditched their mykis for their car keys, with the pandemic years ...
theage.com.au/national/victoria/how-covid-crunched-melbourne-s-public-transport-use-and-the-unlikely-winner-20240105-p5evg6.html
Collingwood’s new day-to-night American-style diner is a flipping good time: A chef who pivoted to sandwiches during the pandemic is branching out with a ...
theage.com.au/goodfood/melbourne-eating-out/collingwood-s-new-day-to-night-american-style-diner-is-a-flipping-good-time-20240104-p5ev42.html
3.7 per cent of flights were cancelled in November, compared to the long-term average of 2.2 per cent, a new report shows ... Show more abc.net.au/news/103251842
Brioche buns and bandrooms: the struggle for live music’s place in the Melbourne pub scene
theguardian.com/australia-news/2023/dec/24/melbourne-music-scene-pub-bands-struggle-decline
Meet the nurse who owes her career to Covid-19: Victoria Congalton gave up a high-flying career to retrain as a nurse at the start of the pandemic.
rnz.co.nz/news/national/505454/meet-the-nurse-who-owes-her-career-to-covid-19
Reality bites for COVID tree-changers called back to city offices: Stephen Mudd was one of the thousands of workers who fled Sydney during COVID-19. Now ...
smh.com.au/national/nsw/reality-bites-for-covid-tree-changers-called-back-to-city-offices-20231205-p5ep6x.html
UK halves migration, Aus urged to follow: As the UK introduces drastic measures to slash immigration, Australia is being urged to follow suit to address a ...
news.com.au/national/politics/uk-slashes-migration-in-half-australia-urged-to-follow/news-story/cef324c1df1cd5f352c403cc64edf03e
Work-from-home rates fall but skill shortages may delay full return to Australian offices
theguardian.com/australia-news/2023/dec/14/australia-work-from-home-office-rates-numbers-declining-why-skills-shortage
Remote workers most at risk of being replaced by robots, hybrid work guru says: Nicholas Bloom, academia’s biggest cheerleader for hybrid work ...
financialpost.com/fp-work/remote-workers-most-risk-replaced-by-robots
Gimme shelter: Cost-of-living crisis squeezes Europe’s housing: Urban residents and poorer households hit hardest by expensive mortgages, rents and energy costs.
politico.eu/article/gimme-shelter-cost-of-living-crisis-squeeze-europe-housing/
Union takes Woolworths to court over COVID-19 working hours change: The Retail and Fast Food Workers Union (RAFFWU) is suing the supermarket giant on behalf of ...
9news.com.au/national/australian-news-landmark-legal-action-launched-against-woolworths-over-covid19-working-hours/7ce5a2ce-8346-42a9-9c16-5253be1c3090
Gimme shelter: Cost-of-living crisis squeezes Europe’s housing: Urban residents and poorer households hit hardest by expensive mortgages, rents and energy costs.
politico.eu/article/gimme-shelter-cost-of-living-crisis-squeeze-europe-housing/
Australian live music venues 'firmly in crisis' as gig goers shift behaviours post-lockdown
abc.net.au/news/2023-12-04/australian-live-music-venues-struggling-closing-down/103161974
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