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Record fine for Australian airline

Aug 18, 2025
An Australian court has slammed Qantas Airlines with a staggering $59 million fine for illegally laying off ground staff during the pandemic. Meanwhile, discussions swirl around India's proposed tax cuts on consumer goods and their potential to invigorate the economy amidst U.S. tariffs. The podcast also shines a light on cassava, a crucial crop in Nigeria, examining its role as a staple food and the challenges faced by local farmers, along with initiatives aimed at boosting the industry.
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INSIGHT

Qantas Hit With Record Fine

  • Australia's federal court fined Qantas about $58 million for illegally laying off 1,800 ground staff during COVID-19.
  • The fine adds to $78 million in compensation and reflects the court's view that Qantas's apology lacked genuine contrition.
INSIGHT

India's Tax Slabs Simplified

  • India plans to simplify indirect taxes from four slabs into two main rates of 5% and 18%, plus 40% for luxury goods.
  • The government hopes lower and simpler rates will reduce prices and spur domestic consumer spending amid US tariffs.
INSIGHT

Tax Cuts May Miss Structural Problems

  • Critics warn tax-slab cuts may not solve structural issues like unemployment that limit consumer spending.
  • Exporters also caution the measure may not sufficiently support export-driven growth affected by US tariffs.
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