My home loan repayments have risen from $2423 to $3696 per month that's around $15,000 extra per year after tax and I'm not alone
Rents on the sunny coast have risen about 50% over the last year and a bit
Electricity, gas, rates, water, food, fuel and just about everything is surging in price
Equating to less disposable coin for Joe Public to spend on holidays
Businesses are also pulling the purse strings on expenses
If we had no immigration, we would be in a serious recession
So no surprises that loads are suffering
There will either be a run of sales or frequencies will need to be cut
This may be a bit of a dilemma for QF at SYD as they will not want to give up their slots if this downturn is sustained
Could we see Q400s replacing 737s SYD-MEL and SYD-BNE to maintain full loads on smaller birds to keep slots
