Qantas was government owned and i remember they couldnt wait to sell it so the wealthy aussies and management could line there pockets , now they bleat about other govenment airlines.
Short term gain long term pain.
Australia is selling all its good assets , qf is already half foreign owned now so no need for the government to protect it.
They dont care about telstra its next to go, short term gain but long term pain for telcos as service will decline and costs skyrocket.
If you look at the successful airlines they are government owned and QF was in this position but threw it all away, no one else to blame...
Australia is no longer Australia it has been sold off.......
Now the people are being sold off ,new IR laws to compete with the rest of the world.
This would not have happened if Australia's prize assets weren't sold off ,creating massive outflows of cash from the country and the only way to recoup it is from the workers.
QF stll yields more than 5% a year in Dividends and would have been a much higher return for the government before it was sold off , Government could issue bonds at the same rate and raise as much cash as required up to the companys value with interest at neutral , but now its a public company they just want a good balance sheet each financial year so its difficult to plan a longterm future like EK and SQ.
