After a challenging few years for Australia’s travel and tourism industry, profits are well and truly back, surprising expectations. Reports indicate flight numbers and bookings are close to 2019 pre-covid levels (if not higher in some cases) and the companies in this sector are reaping the rewards.

The reporting season has revealed signs that consumers are beginning to tighten their belts on the retail front and Jun Bei Liu from Tribeca Investment Partners (Core and Conference Fund Manager) believes the travel industry could be the next to feel the pinch. She believes there are indications that the best times are in the rearview for Qantas and Flight Centre.

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