Weekly Australia Hottest News

Qantas said today it would make a decision on the future ownership structure of Qantas Frequent Flyer program in August. The Chief Executive Officer, Mr Geoff Dixon, said the Board would assess options for the program at its next meeting. Mr Dixon said the program had undergone major restructuring and enhancements over the past 12 months.

“Under active consideration for the future of the program is a partial Initial Public Offering (IPO), potentially for completion in 2008.

“The improvements to the program over the past 12 months have reinforced our view of the value of the Qantas Frequent Flyers program as a stand alone business.”

Mr Dixon said should the Board approve the partial IPO, UBS, Citi and Macquarie had been appointed as Joint Lead Managers. Morgan Stanley, who has been working with Qantas on the program since November 2007, would continue to provide financial advice ahead of a potential Offering. (Read the article)

Comments(0)

Australians are no longer the holiday loving, laid back and relaxed workers they used to be. Online travel company Expedia has released its annual global vacation deprivation survey, which says that Australians are the least likely people in the world to use up their annual leave.The survey, which includes countries such as the United States, France, Canada, Britain, and Spain , says it is the second consecutive year Australia has come up last. Rather than family or logistic problems, 32% of Australians blame the credit crunch for their lack of holidaying, while 34% said they just couldn�t afford to stop working.

Arthur Hoffman, managing director of Expedia.com.au, says: �The results of this survey encourage Australians to take more holidays in line with the rest of the world.�

Macquarie University organisational psychologist Ben Searle told The Age that the survey results are more than just worrying. If people delay vacations for too long and push themselves too hard, they can �affect health and relationships, and in extreme cases has been linked to premature deaths�.

Source: expedia.com.au

Comments(0)

This offer is for Local residents of QLD and Northern NSW (postcodes 2460 - 2490). Using this offer , can purchase one day admission tickets to Sea World, Warner Bros. Movie World and Wet and Wild Water World at an awesome 50% discount off the full price admission rate.

Photographic proof of residency must be presented on entry with ticket. You must visit on or by 30 April 2008 with this ticket.

You can visit Sea World and pay only $33.00 for Adults and $21.50 for Children (3 - 13 years inclusive) and Pensioners for a one day admission ticket. That�s a massive saving!

You can visit Warner Bros. Movie World and pay only $33.00 for Adults and $21.50 for Children (3 - 13 years inclusive) and Pensioners for a one day admission ticket. That�s a sensational saving!

You can visit Wet�n�Wild Water World and pay only $22.50 for Adults and $14.50 for Children (3 - 13 years inclusive) and Pensioners for a one day admission ticket.

To get this offer, you can visit here: http://movieworld.myfun.com.au/Park-Info/News/50-LOCALS-OFFER.asp

Comments(0)

There are�some types of Travel Insurance available for you in australia while you are travelling:
- Backpackers travel insurance
Backpackers and independent travellers have a whole different set of needs from your average family on holiday for 3 weeks. When you travel around the world for months at a time, to often remote places, you need to be able to access everything from an internet cafe.

(Read the article)

Comments(0)