Government Loan to Virgin Australia
Lunch time TV news had a Channel 9 reporter, Chris Uhlmann saying that after the daily press conference with the PM that the Government is unlikely to prop up Virgin Australia with the loan that they were seeking. Shudder to think what will happen to all the staff and their families, suppliers etc if they don't reverse that. Not to mention what Qantas will do with airfare costs if Virgin collapses.