Originally Posted by
Ollie Onion
I hope they do well, a very risky time to be launching a holiday destination focussed airline when the economy is tanking.
More noise around that today again. The Chinese and Japanese tourists will plug some gaps in the meantime, but you cannot deny, next financial year is going to be tough for households. The question is will the RBA send the country into recession in order to hit its inflation targets? The dialogue today appears it is heading in that direction, rates will be pushed until they the required numbers.