ASX Announcements
This Month
Budget gives $1.7b boost for green aviation fuel but still no mandate
While the EU, Singapore and Japan have all signed on to sustainable fuel mandates, the Albanese government will study the idea for another two years.
- Ayesha de Kretser
Liontown’s Tim Goyder turns up to thank Jim Chalmers
Heavy hitters wary of party political functions have grown fond of the National Press Club’s Great Hall lunch.
- Myriam Robin
- Exclusive
- Aviation
Bonza hopes fade as VietJet walks from deal talks
The Vietnamese low-cost carrier confirmed it was out of the running as administrators prepare to ground the airline beyond their earlier midnight deadline.
- Updated
- Ayesha de Kretser
BHP’s $64b game; Chalmers slams ‘trick’ claim; Meme stock stupidity
Read everything that’s happened in the news so far today.
Hedge funds are once again targeting Qantas
Almost $300 million has been bet against Australia’s largest airline, even as it attempts to repair its relationship with customers after selling tickets on flights that were already cancelled.
- Joshua Peach
- Exclusive
- Airports
Virgin Australia goes to war over airport ‘gold plating’
The airline’s chief financial officer, Race Strauss, says much of the $15 billion being spent by major airports on infrastructure is unnecessary.
- Jenny Wiggins
Has Qantas really changed?; Perpetual’s fall from grace; AI’s big energy problem
This week on the Chanticleer podcast, James and Anthony look at Qantas’ $120 million settlement, extract lessons from the demise of funds management giant Perpetual, reveal why everyone is talking about data centres and energy.
Billionaire Kerry Stokes takes it all very personally
In the media business, he who controls distribution, controls all.
- Mark Di Stefano and Myriam Robin
Qantas must atone for all old baggage
Readers’ letters on the Qantas settlement; franking credits for retirees; the Coalition push for nuclear power; and Israel’s closure of Al Jazeera.
Vanessa Hudson’s ACCC settlement is six months too late
Vanessa Hudson could have made settling the ACCC case a hallmark of her regime. Nine months after her elevation, it’s a little late for that.
- Myriam Robin
- Opinion
- The AFR View
Why didn’t ACCC litigate Qantas?
Is what might be seen as regulatory brand ransom to force companies to admit to lesser charges and avoid the need to litigate, the way the watchdog should seek to uphold Australia’s consumer protection and competition law?
- The AFR View
- Opinion
- Aviation
Qantas’ Hudson takes the chance to shed some Joyce baggage
Vanessa Hudson has finally accepted reality by making a deal with the competition watchdog over ghost flights.
- Jennifer Hewett
- Updated
- Aviation
Qantas pays $120m to settle ghost flights case
Customers on cancelled flights will receive up to $450 in compensation after the airline admitted it misled travellers and agreed to pay $120 million to settle.
- Updated
- Ayesha de Kretser and Lucas Baird
Qantas’ $120m settlement; Westpac pays dividend; Optus gets new CEO
Read everything that’s happened in the news so far today.
- Opinion
- Chanticleer
Admitting Qantas’ ‘ghost flight’ misconduct is a win for Hudson
Qantas CEO Vanessa Hudson has taken the pragmatic approach of fessing up to the ACCC and ending the so-called ‘ghost flights’ case. It’s another step in her rebuild.
- James Thomson
Animus Rex: airline’s extraordinary threat to ground a local mayor
King Island mayor Marcus Blackie has been threatened with a Rex blacklisting after he accused the airline of price-gouging.
- Myriam Robin
Qantas Super puts $200m into farms backed by Costa family
The superannuation fund will invest most of the money in two horticultural aggregations that will be expanded by Costa family-backed investment manager goFARM.
- Larry Schlesinger
ASX drops 1pc; $200m home goes on sale; What Star CEO sacking reveals
Read everything that’s happened in the news so far today.
Qantas says app now stable, still investigating malfunction
The Flying Kangaroo is investigating a system malfunction that gives passengers access to other Qantas customers’ data.
- Ayesha de Kretser
April
Qantas, Virgin flight delays are starting to ease
The latest official figures show the best on-time performance among major airlines since the easing of travel restrictions introduced in the COVID-19 pandemic.
- Ayesha de Kretser