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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…
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