Australia News Today: China trade stocks, Australia’s Green bond, Qantas points
From Bloomberg: 2024-04-10 19:06:09
Australia is making strides in sustainable finance with its first “green” bond issuance, as investor demand for environmentally-friendly investments rises. The move comes as premiums for green bonds are drying up, signaling a shift towards more sustainable investment practices in the country.
Qantas is undergoing a loyalty program overhaul, with flyers splurging 1 billion points on loyalty seat upgrades. The airline’s revamped loyalty program is aimed at enhancing customer experience and engagement, as competition in the aviation industry heats up.
Investors are keeping a close eye on stocks that stand to benefit from improving China-Australia relations. Sectors like winemaking and agriculture are expected to see a boost as trade restrictions ease. Treasury Wine is particularly poised for growth, with a 15% rally in anticipation of lifted tariffs from China.
Read more at Bloomberg: Australia News Today: China trade stocks, Australia’s Green bond, Qantas points