we will hear from qantas on its financial performance. jobs numbers for april are expected to show that the labor market is back to where it began. paul allen joins us now with more. we should see the full impact of the removal of the job keeper program. >> april was a big month. the subsidies got removed. we can see the on employment rate is expected to stay steady at 5.6%. that is back to where we were before the covid outbreak. the treasury last week forecast a loss of jobs. that's a huge improvement on the same prediction six months ago which thought around this time we would have up to 150,000 jobs lost. instead, we have another chart to show you that shows 20,000 jobs being created in the month of april. job numbers are key from the rba. that was sparked wages growth and inflation. in july, we have a pivotal meeting when there is expected to be a conversation about whether or not to move the three year yield target to november 2024 bond instead of april. shery: the government unveiling its budget later today. what do we expect? >> t

we are hearing that fully inoculated qantas flyers could get credits. due you to run until the end of 2021. we are expecting the vaccination program to still be really ongoing at that point. shery: we are getting lots of incentives here in the u.s., as well. but i think perhaps a different story to australia, that really doesn't have enough vaccines. here in the u.s., we have about half of all adults fully vaccinated. now we are just trying to get the small group of people that haven't been vaccinated to get a vaccine. we have united airlines launching a sweepstakes that is only open to fully vaccinated travelers, offering free flights anywhere in the >> you're watching daybreak australia. i am vonnie quinn with the first word headlines. president biden is reportedly set to unveil a budget that would push federal spending to $6 trillion. the proposal includes deficits of $1.3 trillion each year over the next decade, with federal debt rising 117% of gdp. the president plans to meet republicans next week on his current infrastructure spending bill. the se

qantas morio says several proposals were sent between august and november including a letter to presidentbush narrow that went unanswered for 2 months a contract with the firm 400000000 doses was only signed in march the commission is investigating whether the government has been criminally negligent in its handling of the pandemic more than 430000 brazilians have died in india several states are in urgent talks with the vaccine manufacturers as a country faces an acute shortage in the face of wreckage called 1000 deaths and infections the government says it's hopeful more than 2000000000 additional jobs will be available in the country between august and december but it's facing criticism for its slow roll out on thursday india recorded more than 4100 deaths and more than 360000 infections mittal is in new delhi with more on india's fax nation effort. the city of altar pradesh has come out and said that it will be spending more than $1300000000.00 to import vaccines the state has said that it has been in touch with several companies including sputnik and pfizer for this order in all 10 s

been rather clear sound aggressive saudia the guardian published an opinion poll conducted in 53 qantas by without a polling company and it turned out that 44 percent of the respondents in the 53 countries on the world can see the united states as the main threat to their democracy that it was you know china was a distant 2nd with just 38 percent and russia was the warmest 28 percent so people of the war do not conceive a russia or china threat to their democracy as they consider the united states and much greater threat and this is what the polls show by the it's in the west especially in that you said that's so detached from their own populations that they keep feeding people the same story you know the u.k. and then you asked us perpetrators of democracy in russia in china as authoritarian congress and this is how dated i mean it doesn't reflect their the mood in society anymore nearly that marcus i mean these are the same people that talked among prosy but if they can't force regime change they break international law left and right and if the rules apply to everyone else but not ou

qantas is offering unlimited flights for a year.ntive yet from an australian is this in a bid to accelerate the country's sluggish vaccine rollout. other awards offered credits were a loyalty program. japan is reportedly considering it's rules to allow spac listings as early as next year. discussions are ongoing between regulators. listings of blank check companies in japan are likely to have more checks and investor protections than in the u.s. that is a bloomberg business flash. matt: laura wright with your bloomberg business flash. let's turn to the credit suisse story. struggling with employee retention as defections mount and also trying to reduce risk in the wake of greensill and archegos. also temporarily are in clients from withdrawing cash from a fund that invests in renaissance technology. they have a lot going on. we are joined by the bloomberg swiss reporter. let's start with the retention issue. we did not touch on that last time we spoke. what are they trying to do to stop really important assets from going down the el

australian airline qantas has delayed its plans to resume international operations. to begin flying overseas again from october 2021 and was selling tickets for most of its network beyond that date. but it now says that the restart date has been pushed back to december. uber and lyft are set to offer free rides to anyone travelling to or from covid—19 vaccination sites in the us. they will be available within the next two weeks through the taxi firms' apps until 4july as part of government efforts to increase vaccine take—up, the white house announced on tuesday. more than 40% of the members of the american chamber of commerce in hong kong are considering leaving the financial hub, with most claiming the state's sweeping national security law makes them feel uncomfortable. the legislation was imposed by beijing in 2020. joining me now from asia business hub of singapore is shara njit leyl. that is a lot of members, nearly 40%, sharanjit? absolutely, sally, and it comes from a new survey that the chamber of commerce conducted where members blamed beijing's national se

the australian airline qantas has delayed its plans to resume international flights. tickets for flights from october, but now says the re—start has been pushed back to december. the australian government has suggested the border could remain closed until the middle of next year. the knock—on effects of last week's cyberattack on a major us fuel pipline, have become all too real for some americans. the colonial pipeline says it hopes to have substantial operations back underway by the end of the week, but some drivers are already panic—buying fuel. this was a scene in tallahassee, florida earlier on tuesday, with long lines of cars, as customers try to fill up their tanks in case prices rise in the days ahead. the colonial pipeline normally carries nearly half the east coast's supply of diesel, gasoline and jet fuel. drivers in the states along the pipeline are worried about fuel shortages. it's unbelievable. when i was riding today i thought that it was a catastrophe coming. i'm like what's going on? i seen all these cars parked everywhere and i was just like, 0mg i

an investment but the aftershocks could be one for known fear not qantas used to listen we were told when the needle in the. studio and then went and i'm going. up because he didn't come post. about it of mine i want to hear. the size and i'm not in my 1st born. money it's not worth the price. of the golf. born outside spin room from you only who has or and. or and. the mommy is in your ass to exact now you know it or not and no. one. i didn't lose out on daughter and you know what a 4 years from one life to. those wrestling. is to us from the appealing to a tired girl in leipsic. and i stand by to butt in and turn from the good warmed up. wednesday is not an hour and has a 2 minute bit tough on so many writers so much because it's mass minute and uses iraq as power as it was diminished and the versions of news were negative and part of the one you're going to hear on the list of quotes are both wrong and of course whole ball game is what is right as i our time when it's finally time high it will be outlawed logan from the world. vision which i don't wish to go but i was through and

candidates are going to invest in building on the backs aftershocks could build on for known fear about qantas used as will to lismore what's not been done in your land that sort of to gain. commandement gotten studio on and on and i'm certain of . the of him up because he didn't come post. said codes about it of mine and went as he could hear. the size and i'm up i'm up to the board. with one of the local fire fighters right and those are the things off with. sidespin room from you. and. the mummy is pretty our stories are you know it or not and now we've got one. i don't use how damn dog 4 years from one life to those places those words and those were. his 1st words for me appealing to a tired girl in leipsic you'll. understand wide open and turn from the warmed up. honestly it's not been our present to manage it tough on so many writers so much because it's amassed my muse and use its iraq its power as it was diminished versions of news were negative and violent are the one you're going to hear are not the quotes are both wrong and of course whole ball when measured as right as by our time

cameras are going to invest in bidding on the backs aftershocks could be lived on for known fear about qantas used as we were told when on the needle and not sort of to gain. commandement gotten studio on and on and i'm certain of. the of him up because he didn't come post. said codes aberrated of mine and what as he could hear . the size people i'm up i'm up to the board. with one of the local fire fighters where the nerves are living off with. sidespin room from you. and. your mommy is pretty our stories are you know it or not and now we've got one. i didn't use hard on daughter for years when i lived to those places those words and those were . his 1st words for me appealing to a tired girl in leipsic you'll. understand wide open in every turn from the warmed up. honestly it's not been our present to manage it tough on so many writers so much because it's amassed my muse and use it as iraq missed out as it was diminished versions of news were negative and part of the one you're going to hear are not. quotes are both wrong and whole ball on measure is right as an i.o.i. time when it's final

qantas having a rosy forecast as well. biologics up 4%.s is bloomberg. ♪ s bloomberg. ♪ ♪ >> we go through soul-searching times like this. >> i think people in the industry have come to make their peace with the volatility, albeit we certainly had quite a ride over the past 24 hours. >> nobody knows the speed limit. nobody knows if you can drive or slow. and then you have a speed limit and everybody knows what the rules are, and they can adjust their behavior. >> right now it doesn't have a reach into the economy that has systemic implications for us. >> economists from china suddenly had an impact. >> it was a rehashing of an announcement that had also been made in 2017. it is in nonmaterial event in our view. yvonne: some of our guests talking about the collapse in cryptocurrencies. that continuing today as we look at what has been going on with bitcoin. in the red when it comes to the likes of litecoin, ether, bitcoin. ethereum fell 40%. we were talking to bobby lee about this. he was saying, that bear market is not happening anytime th

conner's are going to invest in bidding on the backs aftershocks could be lived on for known feel about qantas used to sell to listeners it would sort of been done in your lead not sold to gain. commandement gotten studio on and on and i'm certain. of him up because he didn't come post. set chords about it of mine and went as he could hear. the size and i'm up i'm up for the board. the money's not the fire if you're a fan of those words and those are the things off with. sidespin him from you. and. all. you mommy is printing yeah stories are you know it or not and now we've got one. i didn't use hard on dog for years when i lived to those places those words those were. his 1st words from the appealing to a tired girl in leipsic you'll. understand vida but in every turn for the good warmed up. when he is not in our right has often been a bit tough on so many writers so much because it's a mask mine isn't use it's iraq it's power as it was diminished versions of his were negative and part of the one you're going to hear are not just the quotes are both wrong and of course whole ball game is what

on a sunday and to still screw their 2 thanks to atalanta's failure to be its a solo means antonio qantas side that haven't unsaleable leave the at the top of the table. for one hour lewis hamilton has won the portuguese okon pretty reigning a world champion had started 2nd on the grid but managed to win as head of red bulls macspeech stop an in 2nd and r.c. this team a devoted he brought us in 3rd hamilton leads the drivers' championship by 8 points after 3 races. and 10 you know it's such a tough race. physically and mentally just keeping everything together is very windy out there overseas so it's very easy to put a from rome. now mazurka has been knocked out in the 2nd round of the madrid open the world number 2 was beating in 3 sets by carolina whichever of the czech republic the eve of the wait for a clay court title goes on for the reigning u.s. and australian open champion. i know the eat a crowd of more than $50000.00 fans what medina spirit when the horse races kentucky derby event was held without spectators last year in contrast this was the largest crowd at a u.s. sporting ev

june 15th, the town and the qantas club of san ramon valley were not able to properly prepare in timeh of july there prayed routinely draws about 40,000 people and requires months of planning and coordination to make sure everything said to go, the parade will take place on september 4th, a traditional celebration in san francisco, changes. why this year's carnival look different than in years past the covid carnival next, a police manhunt is underway after three suspects jumped out of an suv in this parking lot and opened fire outside of a banquet hall. i'm phil keating with the latest on is your family ready for an emergency? you can prepare by mapping out two ways to escape your home, creating a supply kit, and including your whole family in practice drills. for help creating an emergency plan, visit safetyactioncenter.pge.com a little preparation will make you and your family safer in an emergency. a week's worth of food and water, radio, flashlight, batteries and first aid kit are a good start to learn more, visit safetyactioncenter.pge.com another violent weekend in america. pol

qantas chief meteorologist lawrence karnow shows us now fire season. it board to talk here.few weeks here with fires even breaking out. >> in april for now. here we sit 2 years into an extremely dry period to the driest years on record since they've been keeping records back in the 18, 100's and certainly doesn't look like a whole lot of rain to help us out. now we're late in the season for that. but we've got a weak system that is moving up in the pacific northwest is bringing them some nice rainfall for us. unfortunately that big ridge of high pressure sits over head just blocking all that stormy weather. well to the north. so we're dry out there now. we've had those offshore winds clear skies out toward the golden gate bridge right now and high pressure over head, keeping us mostly clear. we may see a couple of patches of fog develop along the coastline, especially by tomorrow afternoon at least numbers out the door right now at 72 degrees and a bottle 70 in santa rosa 74 degrees in concord. 71 in little more of these temperatures are similar to what you might see during

california set to fully reopen from covid restrictions on june 15th, the town of danville and the qantasb of san ramon valley, so they weren't able to properly prepare in time for the fourth of july. the parade routinely draws some 40,000 people requires months of planning and coordination, organizes also need time to secure sponsors. so this year's fourth of july celebration is now set to happen. september 4th can't even think of fourth of july just yet, as we are just starting the unofficial guess the beginning of the summer season, so let's make sure it's a safe one. but also with fun. one thanks for watching everybody enjoy the rest of this memorial day out there. be sure to put on the sunscreen, though, as we are under a heat advisory for many parts of the bay area, lot of blue sky out there are next newscast is coming up in four dr oz starts now. coming up next -- >> was faced down on the ground. >> you've seen the headline. >> his body was turning purple. >> now, hear the harrowing stories from the people that were there. >> this is really bad. >> i didn't think he was going to su

qantas, because he's rain man.ll go out and make some money for anybody that takes -- he was the only one of the nbc sports bro broadcast team to pick medina spirit who did go on to win the race. >> he had the khakis on. >> i'm taking him to pimlico. >> i'm serious. >> i hope he likes baltimore. i'm taking him to pimlico. we're going there on may 15th. and now, i'm sure roger is a huge derby fan. let's go to nbc sports cohost roger bennett, and author of the forthcoming book >> this will change the arc. it's entitled "reborn in the usa: an englishman's love letter to his chosen home." but roger, i don't know that all americans were feeling the loved in england this past weekend. >> it's true. you showed two beautiful american sports clips and we have to watch a bit of englishman hooliganism. two weeks ago, it was the announcement of the super league, which collapsed within 48 hours. repercussions still being felt. manchester united fans stormed their own stadium, taking to the field to protest against their owners,

watch qantas. it has seen the pickup in revenue for domestic routes. we will watch that. lower this morning. the aussie dollar study ahead of the jobs report later this morning. we are seeing a move to the downside, and treasuries in a tight range. the dollar is holding gains, after bouncing. it is still near a six-year low. bitcoin volatility capturing market attention. we have price swings continuing, although more muted. the session overnight saw exchanges under pressure. this morning in tokyo, shares falling more than 3%. shery: for more, let's bring in the managing director of global microstrategy at global advisors. great to have you with us. we have seen pressure, especially after the fomc minutes. which assets will suffer the most in a taper tantrum? >> thank you for having us. it could be a broad range. in any tantrum, it is positioning in the parts of the market that get shocked the most by the policy change. we did not get that shock from the minutes. it was more the bitcoin volatility that affected markets more broadly. if you think about monetary policy sudde