Rex collapse has driven higher airfares, ACCC confirms

$80 million in financing will be provided to keep the business and its regional services afloat as EY Australia continues to search for a buyer, with the administrator applying to the Federal Court to extend the voluntary administration to 30 June 2025.

The new deal, backed by 75 per cent of respondents, will see base salary increases of more than 21 per cent over three years as well as improvements to flexible working.