Jun 20, 2018 Last Updated 1:01 PM, Jun 14, 2018

New Entry From the Editor :

Australian billionaires Rinehart and Forrest put Atlas Iron in spotlight with share deals

Australian billionaires Rineha…

AusBN - Gina Rinehart’s Redstone Corporation has reportedly purchased...

Australian GDP growth rate hits two year high on increasing mining exports

Australian GDP growth rate hit…

AusBN - Australia’s GDP growth rate has reached a two year high of 3...

Fortescue to construct $1.7 billion mine as WA approaches fresh mining boom

Fortescue to construct $1.7 bi…

AusBN - Fortescue Metals Group has confirmed it will build a new large-scal...

Qantas expands New Zealand flights

AusBN – Australia’s largest airline Qantas Airways has announced that it will be expanding its flights within New Zealand.

At least four new destinations will be added to the five New Zealand cities it already serves with flights starting in December of this year.

The airline is hoping to increase its competition with Air New Zealand, which currently enjoys a monopoly on many routes.

Currently the airline flies to Auckland, Wellington, Christchurch, Dunedin and Queenstown with new destinations due to be announced.

@AusBNOnline

Tourism Australia partners with Singapore Airlines to promote business travel

AusBN – Singapore Airlines has entered into a A$2.7 million marketing agreement with Tourism Australia to promote business travel to Australia.

Both parties will contribute $1.35 million to the three-year deal and the funds will be used to develop campaigns and promotional activities within China.

Singapore Airlines will be the exclusive airline partner for business events in Australia.

Andrew Hogg, Tourism Australia regional general manager for Greater China, said: “Singapore Airlines is one of our longest standing airline partners and has been helping to promote travel to Australia for years.

“The signing of this new MOU dedicated to Business Events is further evidence of our desire and ability to work effectively with key airline partners on commercially focused marketing activities.

“Tourism Australia is committed to working with Singapore Airlines to achieve strong business events visitor growth for Australia.”

Singapore Airlines North Asia vice president W.K Lim added: “We have been working closely with Tourism Australia for a number of years and the new MOU dedicated to business events will further drive and expand this market segment for mutually beneficial opportunities.

“While the world is competing hard to attract business events visitors from key growth markets, we are confident that with our long-standing presence and ongoing expansion across the country's key gateways, we have a winning proposition to present to the key target markets to drive more business events visitors to Australia and cement Singapore as the optimal gateway hub to Australia.”

@AusBNOnline

Property becomes Australia’s leading industry

AusBN – The Australian property industry has almost doubled its contribution to the country’s gross domestic product over the last 10 years.

It is now larger than mining, home ownership and financial services and it contributed A$182.5 billion to the economy last year.

Over 11% of the country’s GDP came from property last year and over 1 million people are employed by the industry.

Property Council CEO Ken Morrison said: "If we can unlock the potential to increase property's contribution even further that will mean more jobs and more prosperity for Australians.

"Governments can help make this happen by abolishing our most distorting taxes – like stamp duty – and streamlining planning processes to make housing more affordable for all Australians.

"Our economy needs the property industry to do well, particularly as we transition from the mining investment boom.

"We know that governments at all levels are looking for ways to secure strong and consistent economic growth.

“This report confirms that they should be focused squarely on property as the industry that can deliver this for them. Our contribution to jobs and growth eclipses that of any other industry."

@AusBNOnline

This Month's Issue

v3i2 cover web

Subscribe

rgn web banner

abn web banner

Recent Tweets