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Old 18th Apr 2020, 07:37
  #749 (permalink)  
MickG0105
 
Join Date: May 2016
Location: Sunshine Coast
Posts: 1,185
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Originally Posted by ampclamp
"Mr Dick said the Queensland funding was conditional on Federal Government backing, as well as debt restructuring, shareholders and bond holders doing their bit, the airline keeping its headquarters in Brisbane, and ongoing regional flights".

That's one way of promising money you know won't ever be delivered.
Spot on. It is a straight up and down political play that Palaszczuk and Dick know that they'll never have to deliver on. The conditions that they have stipulated for the offer mean that no other state is going to chip in and on its own, the $200 million is insufficient to make any difference to Virgin's future.

It is a typically cynical Palaszczuk play that allows her to claim 'Gee, we tried when others did nothing' bragging rights without there ever being a real prospect that they will have to dirty their hands with what is going to be a very messy administration.

Oh, and the Deputy Premier gets to retain her skiing holiday destination for being seen to be trying to help out her good friends, the Scurrahs.

Last edited by MickG0105; 18th Apr 2020 at 07:38. Reason: Formatting
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