Qantas axes Asia flights; ASX200 hits all time high; ABC dumps favoured show

Thursday 12 June 2025

It's been a busy 24 hours in the airline industry headlined by Qantas’ decision to axe its Asia subsidiary. 

And more, including:

• The ASX200 hits an all-time high. 
• Nintendo sells 3.5 million units of its new Switch 2 in just four days. 
• BNPL group Zip Co is on a tear, with its share price up 36pc in five days. 
• The ABC drops one of its most popular shows, with job cuts also likely.

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