Vly News - Professional news Platform

But he and senior executive Clay McDonald, who runs Aurizon’s mass transit operations, will be in Adelaide on Monday to meet with the One Rail workforce. This is the first time the couple has had to tell staff about the plans since the deal was announced in October. Nine months after the rail group announced its plans to buy One Rail from Macquarie Asset Management and the Netherlands’ PGGM Infrastructure Fund, it can finally begin to incorporate mass haul operations. Some investors were confused when Aurizon announced the deal because the transaction would initially increase the company’s exposure to thermal coal (which is used to make electricity and is also the most polluting type of coal). Jewel in the crown But the jewel at the pinnacle of One Rail’s business for Aurizon is the operation of the 2,200-kilometer Tarcoola to Darwin Railway, which runs from South Australia to the Northern Territory straight to Darwin Harbour. One Rail is the only freight company that uses rail lines.

Jetstar’s first Airbus A321neo LR arrives at the airline’s hangar in Melbourne. Photo: Chris Hopkins Bigger seats, a larger overhead bin and a quieter cabin are what passengers look forward to when flying on Jetstar’s newest aircraft, the Airbus A320neo. Eleven years after ordering the plane, Jetstar’s first A320neo landed on Sunday at Melbourne Airport, having traveled from Hamburg, Germany, via Mumbai and Perth. The Jet, the A321neo LR (long-range) variation of the A320neo, comes to the crowd of Jetstar employees and their families with INXS’s New Sensation detonation throughout the hangar. The Jetstar Airbus A321neo LR has a complete economy class configuration with 232 seats. Photo: Craig Platt The jet engines are 15 percent more fuel efficient than Jetstar’s current A320 fleet, and 50 percent quieter and can fly up to 1200 kilometers further. Fuel efficiency is a key selling point for Airbus (“neo” means “new engine option”), as the airline seeks to reduce

Central banks in New Zealand and Korea have pushed ahead with further super-sized rate hikes as they seek to tame rampant inflation. Key points: Both the RBNZ and the Bank of Korea have raised interest rates by another 50 basis points New Zealand’s benchmark interest rate is now 2.5 percent and Korea’s 2.25 percent Many economists now expect that many central banks will halt rate hikes by the end of the year Both have been at the forefront of global central bank moves to dampen inflation, lifting interest rates from pandemic lows in the second half of 2021, months ahead of most other central banks, including the Reserve Bank of Australia (RBA), which was the first to move. enter. Possible. The Reserve Bank of New Zealand (RBNZ) increased its benchmark overnight cash rate target from 2 to 2.5 percent today, while the Bank of Korea (BoK) also raised interest rates by 50 basis points this morning to 2.25 percent. It is the third consecutive meeting that New Zealand’s central bank has rai