Business
Trashed COVID-19 vaccine targets hit ASX travel shares
ASX-listed travel shares are tumbling lower today after the federal government dropped Australia’s COVID-19 vaccine targets as further uncertainty permeates.
The recent developments cast further doubt on the timeline for full travel resumption. In reaction to the uncertainty, travel shares are losing ground in today’s trading session.
Latest COVID-19 development
It seems the turmoil experienced in rolling out Australia’s national COVID-19 vaccine program has taken its toll on the federal government. Issues with acquiring supply from overseas, along with heightened concerns regarding AstraZeneca’s ties to rare blood-clotting cases, have impeded the government in reaching their earlier set vaccination targets.
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