Sky News Business Editor Ross Greenwood says RBA Governor Philip Lowe has argued Australia needs to “concentrate on productivity” and therefore “earn the wage rise” through our output being better and greater.
Sky News Business Editor Ross Greenwood says slowly Australia s international tourists are returning with October having just over 1.2 million international arrivals, compared with 20,000 in October last year.
“The Kiwis there leading the charge - more than 82,000 short-term arrivals, the UK 33,500 and Singapore more than 29,000,” Mr Greenwood said.
“Anthony Albanese s meeting with Chinese President Xi Jinping on the sidelines of the G20 summit is important, given the radical decline in Chinese tourism - once our biggest source but now nudged out of the top five by India.
“For perspective, the number of arrivals in October was just over half the record 2.26 million who turned up in January 2020.”
Qatar Airways CEO Akbar Al Baker has defended his company’s bid to expand its services in Australia, as Sky News Australia recently revealed Qantas was lobbying the government to block Qatar s efforts to add extra flights.
“We connected Australian people to the world during the most difficult period in aviation history,” he told Sky News Business Editor Ross Greenwood.
“We continued uninterrupted at the peak of the COVID, serving the three main points in Australia, which is Sydney, Perth and Melbourne.
“We kept Australian people connected. We made sure, at huge losses, that we continued serving the Australian people and the Australian trade during this difficult period.”
Mr Al Baker said Qantas “completely stopped operating out of Australia, whilst we, at huge losses, continued”.
“What is happening and why we are being stifled from getting additional rights into Australia is the largest operator in Australia has cut its flights to 50 per cent of pre-COVID levels,
Qatar Airways CEO Akbar Al Baker has described the Socceroo’s protest against Qatar’s human rights record as “mudslinging" nonsense.
16 players from the Socceroo’s publicly criticised the oil nation’s human rights record on migrant workers and LGBTI community ahead of the FIFA word-cup which will be held in Qatar.
The full exclusive interview with Business Weekend’s Ross Greenwood will air on Sunday at 11am AEDT.