Originally Posted by
transition_alt
All will come out in due course.
The comments suggest Rex Regional was a sound business that ventured into a hostile territory which became the achilles heel of the organisation. The government is politically sensitive to supporting regional Australia. The solution is, don't bail Rex out with taxpayers' money, buy them out. The taxpayer will get the benefit from the acquisition of a established operation at a bargain price and services to regional Australia will be protected into the foreseeable future.
If anyone from the Departments of Industry and Finance is interested, please PM me for further details. I have a broadsheet business plan ready for assessment.