Funding

Tourism

“We need to convert interest to bookings”: North QLD to get lions share of Scomo’s $60 million tourism boost

by Ali Coulton

The PM has announced a massive funding boost for Australia’s tourism industry, with a focus on trade relations. To celebrate, we’ve dug up this bewildering image of him scaring the sh*t out of a cockatoo.

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Aviation

Crowdfunding for new Aussie airline called “Brad” to fall well short of $2.9m goal

No, we’re not messing with you – there is a new Aussie airline in the works called Brad. However, its chances of leaving the tarmac are looking slim.

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Wholesalers

Intrepid Travel secures $30 million federal government loan

Intrepid’s unique ability to assist the travel industry in its growth post-pandemic has been recognised in a big, big way.

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Technology

Flight Centre, Velocity and Tourism Australia alumni back Travello’s $6.5m funding round

The Travello team have opted for the ‘casual Friday’ look in the accompanying press photo. We assume they’re also wearing Birkenstocks.

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Travel Agents

Here’s how much government grant money travel agents have been paid so far

Tourism Minister Dan Tehan has provided an update on just how much moolah has been paid out to travel agents as part of the government’s support package.

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Travel Agents

Key details emerge about government’s additional $130m for travel agents

by Huntley Mitchell

Several key changes have been made to the second round of the COVID-19 Consumer Travel Support Program. Get up to speed right here.

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Destinations

Victoria unveils support package for small businesses smacked by ‘circuit breaker’ lockdown

Small businesses in the tourism and hospitality sectors that were hit hard by the state’s snap five-day lockdown have been handed a $143 million reprieve.

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Travel Agents

More than $33m already paid to travel agents as part of government support package

Did you assume that the federal government’s agent support package was already oversubscribed? Well, it appears there’s still time to grab your share of the $128 million.

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Aviation

Rex seals $150m funding deal for launch of capital city operations

The regional airline is one step closer to being a fully-fledged domestic airline, thanks to the generosity of an Asian investment firm.

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Travel Agents

Corporate Travel Management raises $262m to help fund US acquisition

Much to the delight of CTM’s executives, investors have wasted no time snapping up newly-offered shares in the company.

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Road & Rail

Apollo Tourism & Leisure secures $25m of additional funding

Here’s some much-needed positive news from an ASX-listed travel company that is now confident of surviving the pandemic.

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Travel Agents

Flight Centre gains access to additional funding to offset COVID-19 impacts

Skroo’s stress ball has scored a well-earned break after Flight Centre managed to secure some much-needed funding.

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