Business
Why the Qantas (ASX:QAN) share price is soaring today – The Motley Fool Australia
The Qantas Airways Limited (ASX:QAN) share price is soaring on Thursday after the government announced a major tourism stimulus package…
The Qantas Airways Limited(ASX: QAN) share price is soaring on Thursday morning.
At the time of writing, the airline operator’s shares are up 4% to $5.38.
Why is the Qantas share price soaring?
Investors have been buying Qantas shares today after the Federal Government announced a major $1.2 billion stimulus package to support the Australian tourism sector.
The package will see the government halve the price of almost 800,000 airline tickets in an attempt to get more Australians to spend on domestic…
-
Noosa News23 hours agoTwo trapped and fighting for life after major three-vehicle crash in Brisbane
-
Business24 hours agoUp 105% in a year, are Pro Medicus shares still a good buy today?
-
Noosa News20 hours agoBali traveller sparks urgent measles alert across Queensland
-
Noosa News19 hours agoQueensland man sentenced to four years imprisonment after string of terror offences