| Qantas Airways is paying its first dividend since before the pandemic, underscoring the airline's financial recovery following the crisis amid increasing demand for air travel.
Qatar Airways' plans to acquire a 25% stake in Virgin Australia can proceed, Treasurer Jim Chalmers said, a move which is expected to increase competition in the nation's highly-concentrated aviation sector. Australia's government plans to review the fallout on Southeast Asia and the Pacific of President Donald Trump's planned cuts to USAID as Canberra's latest foreign policy assessment warned of an "increasingly unpredictable" global strategic outlook. Billionaire Richard White's appointment as executive chairman of Australian freight-software giant WiseTech, four months after he quit as chief executive officer, caps a remarkable series of events that have whipsawed the shares at every turn.  Richard White. Photographer: Brent Lewin/Bloomberg Australian headline inflation surprisingly held steady in January, suggesting price pressures in the economy are contained and reinforcing the Reserve Bank's decision to cut interest rates last week. Most major Australian cities are reporting mortgage stress among first-time home buyers due to still-elevated interest rates and ultra-high prices, according to property consultancy Domain. New Zealand's tourist industry needs to recover further if it is to regain its crown as the nation's biggest earner of overseas revenue, despite foreign visitor spending surging 60% to NZ$16.9 billion ($9.7 billion) in the 12 months through March 2024. Australia's corporate watchdog is on track to conclude its investigation into bond trading activities at ANZ Group Holdings by the middle of this year, a probe the watchdog's chief said was among the toughest in its history. | 
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