News Beyond Markets || Why Is Flying Within Australia Becoming Cheaper?

• Australia's banking watchdog has asked the country's big banks to give assurances that they are lending responsibly and managing risks in their home loan books amid sky-rocketing house prices and signs of increased risky lending.

•  A surge in domestic tourism as a result of increased consumer confidence, lower airfares and greater competition between airlines has helped drive the recovery of Australia's airline industry in recent months.

• The Therapeutic Goods Administration or the TGA, National Boards and the Australian Health Practitioner Regulation Agency (Ahpra) support vaccination as a crucial part of the public health response to the COVID-19 pandemic.

• From a soccer superstar to an eccentric billionaire and Elon Musk is once again in the news. Last May he announced that he was planning to sell all of his possessions and own no house.

• There is however now some controversy around Cristiano Ronaldo – images have emerged of him endorsing the soft drink company in a 2006 world cup campaign, and despite his claims of treating his body as a temple he also filmed a 2013 KFC commercial for the middle eastern market.

• NSW and federal government has conceded that the city of Sydney is facing a housing supply crisis.


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