Holiday Priority for Australians Despite Rising Interest Rates

RISING home loan interest rates are having no impact on Australian leisure travel according to Qantas CEO Alan Joyce, who said Australians are not cutting back on their holiday spend. "We are seeing very strong leisure demand despite interest rates having gone up," Joyce told the Sunday Business program. He also said the business market, which was hit by the Global Financial Crisis, is strengthening.  "Confidence is returning to the business sector, people are travelling again."

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