Where is the ALAEA. Oh, its too hard for them or they are in bed with Chris Bowen.
empire4, I don't know what magical wand you expect the ALAEA to wave to fix this. This is bigger than them, and very much the government. The incompetence and ineptness of this government won't stop the blood-letting of QANTAS. Hell, they can't even stop the blood-letting within their own party.
Unfortunately, the only thing that can stop QANTAS going under altogether is the sacking of the board in its entirety and placing actual QANTAS management (those with more than 20 years within the company) in their place. Now out of about 35,000 employees, there will be at least 12 who can do the job and do it for the benefit of the company and for a lot less money than the current board. There isn't one current board member that was a QANTAS employee. The company is a cash cow for them and when the last cent is siphoned off, they will move on.
This board has no historical ties or working ties with QANTAS. To them it is a "brand" and while it lines their pockets, they will milk it.
If you have any better sloutions, then place them on the table.