Qantas has confirmed it will refund $570 million worth of COVID travel credits for domestic and international customers, while the ACCC has accused the airline of selling tickets for flights it had already cancelled.
As the US grapples with a crisis over its debt ceiling, there's concern the entire world could be plunged into a financial crisis.
Today, ABC business and economics reporter, Gareth Hutchens, unpacks how we'll know if we’ve been pushed into a recession, and what it will mean for Australians if we are.
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Gareth Hutchens, ABC business and economics reporter, Canberra
ASX set for fairly flat start amid more US recession worries, Newcrest backs Newmont takeover — live updates abc.net.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from abc.net.au Daily Mail and Mail on Sunday newspapers.
As the Reserve Bank weighs up whether to increase interest rates for an eleventh consecutive time, the spotlight is on whether it's doing the right thing by all Australians.
An independent review into the bank has handed 51 recommendations to the Treasurer, Jim Chalmers, to improve its practices.
So will it help those struggling the most?
Today, ABC business and economics reporter, Gareth Hutchens, on how and why life in Australia has become less fair in the past 30 years.
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Gareth Hutchens, ABC business and economics reporter