Originally Posted by
jethro_027
Agree. I can’t get my head around the arguments that VA isn’t Australian enough, not worthy of a government loan and should look to the market. But at the same time if VA goes to the market and gets Chinese money, well then that’s bad because it’s too Australian.
Isn't it just racist then? It's OK if it's owned by an international conglomerate of Gulf, British and Asian interests, but not if it's majority Chinese owned?
The FIRB should be about WHETHER it's strategically sound for an Australian entity (Virgin Aus IS an Australian business, regardless of the nationality of the shareholders) to be sold to foreign interest at all first, then WHICH foreign interests, i.e. in terms of our diplomatic and strategic alliances should be a secondary, albeit still vitally important consideration.