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Yesterday

Anthony Albanese and Bill Shorten at the ALP confference

With a half-smile, Bill Shorten bows out of politics on his terms

The former federal Labor leader has no regrets about calling it quits to become a university vice chancellor.

  • Jennifer Hewett

This Month

The Toyota RAV4 Hybrid is Australia’s No.1-selling car of any type. Around 95 per cent of all RAV4 models sold in August were hybrids.

Car buyers going greener turn to hybrids not full EVs

The No.1 selling vehicle in Australia in August was the Toyota RAV4 hybrid.

  • Simon Evans
Angus McKay was the ceo of 7-Eleven Australia for eight years, and started on August 22 as the CEO of Bapcor, which runs the Autobarn, Autopro, Burson and Midas brands.

Autobarn owner’s new chief winds down McKinsey plan

The Better Than Before program resulted in an “unacceptable” profit decline, as analysts suggested any new bid needed to be above $6 per share.

  • Simon Evans
Virgin Australia is set to add Qatar Airways to its stock register.

Qatar Airways approaches the landing strip on Virgin Australia stake

The deal, expected to be finalised within days, comes nearly 1½ years after Bain Capital delayed a billion-dollar public listing of the Australian airline.

  • Updated
  • Sarah Thompson, Kanika Sood and Emma Rapaport

August

Qantas CEO Vanessa Hudson  has pulled of an impressive balancing act.

Qantas’ profit drop is a good sign for Hudson. But new tests loom

Chief executive Vanessa Hudson has walked the tightrope between customers, staff and shareholders. But will the economy make her turnaround harder?

  • Updated
  • James Thomson
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Qantas chief executive officer Vanessa Hudson.

Qantas deflects Qatar factor, readies for more competition

The airline reported $2.1 billion in earnings last financial year, down 18 per cent from a record result in 2023.

  • Ayesha de Kretser
Flight Centre boss Graham Turner says business is back at pre-COVID levels.

Flight Centre reveals who is travelling (and who isn’t)

The travel booking company has streamlined and boosted efficiency and says the corporate travel segment is still weak but it’s still winning market share.

  • Ayesha de Kretser
Scott’s customers included Coles, ALDI and IGA.

McGrathNicol steps up insolvent trading probe at Scott’s Logistics

A new report shows a major creditor has agreed to stump up funding to allow liquidators to “pursue further investigations”.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
First-class flying with Qantas.

Qantas blunder lets people buy first-class tickets for 85pc discount

Within eight hours, passengers snapped up 300 of the seats on flights between the US and Australia, getting deals of up to $29,000 for as little as $5000.

  • Angus Whitley
Catherine King delivers her aviation white paper in Canberra on Monday.

Labor set to legislate on aviation this year

Long-awaited changes at Sydney Airport finally look to be closer, as Transport Minister Catherine King handed down a timeline on Harris review implementation.

  • Tom McIlroy and Ayesha de Kretser
Qantas planes at Sydney’s domestic airport. Generic REX, Qantas, Virgin, Jetstar , airport, planes, passengers, commuters, airlines, travel, economy, transport, delays, luggage, customers. Sydney, NSW. August 7, 2024. Photo: Kate Geraghty

Why flight delays remain a ‘regrettable reality’ for many Australians

Transport Minister Catherine King promises fixes for airline customers failed by delays, cancellations and sky-high fares – just not quickly.

  • Jennifer Hewett
Jetstar planes at Sydney Airport.

Plan for aviation ‘ombuds’ misses the real problem with air travel

An expanded bureaucracy will likely deliver the opposite of what Australians want and deserve: lower airfares.

  • Aaron Patrick
Transport Minister Catherine King says too many Australians have been left high and dry by local airlines.

Aviation white paper arrives late, and lacks action on competition

More delayed than a flight from Sydney to Melbourne, the white paper lets the airlines off the hook.

  • Ayesha de Kretser
A new ombudsman will be able to “direct airlines and airports to provide remedies to consumers” and externally resolve complaints.

Customers won’t be compensated for flight delays

Australian consumers fed up with airline delays and cancellations will need to read the fine print in the federal government’s white paper.

  • Ayesha de Kretser
Jetstar adding capacity has squeezed Virgin, analysis shows.

Virgin cedes market share to Jetstar as budget travel crunched

Qantas is adding seats and winning share from Virgin, as the domestic aviation market softens and Jetstar’s new planes drive down fares.

  • Ayesha de Kretser
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Regional Express (Rex) grounded all flights between capital cities after entering voluntary administration on July 31.

Bidders fly into Rex auction; final offers due mid-September

Street Talk understands a fleet of parties have lobbed indicative offers including Allegro, Singaporean businessman Kim Hai Lim and specialist airline Skytraders.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Andrew Finch at the 2023 Qantas AGM.

Qantas counsel Andrew Finch joins the exit row

The airline’s pugnacious general counsel is the latest casualty of the end of the Alan Joyce regime.

  • Updated
  • Myriam Robin
Shelley Faubel and Greg Bisinella say East Melbourne has been inundated with aircraft noise. They want a third runway decision so flight paths can be redesigned.

Why Melbourne’s third runway is now Labor’s time bomb

The airport CEO warns inaction will hurt consumers, as the political weaponisation of aircraft noise threatens to once again become an election theme.

  • Ayesha de Kretser and James Hall
The new Gadigal station lies below Pitt, Park and Bathurst streets in the southern CBD.

Sydney’s $21b metro as transformational as Harbour Bridge

Sydney’s new $21 billion metro line launched on Monday is expected to be used by up to 250,000 commuters each weekday.

  • Sam McKeith
Rex planes at Sydney. The airline continues to fly to regional destinations despite falling into administration.

AFP on the scene at Rex as boardroom recriminations deepen

The inquiries come weeks after the regional carrier collapsed, and as administrators at EY work to find a buyer for its fleet and network of services.

  • Ayesha de Kretser