I hang my head in shame.
That we are powerless to stop this full on vanilla robbery in plain sight, it's not even tricked up, of the assets and goodwill of an airline that we paid for out of our taxes, and having watched the same stunts in the eighties called something different is just beyond me and an indictment of the dumbing down of the Australian electorate.
You can call it anything you like, but I call putting 5 odd billion down to buy something and taking circa 5 billion in cash back out and replacing everything else with debt and calling it financially more efficient to sell back top thje shareholders at some later point in time is an insult to our common sense. And that is not counting the gazillion dollars in fees that Macbank et al cop in fees. And somehow we are suipposed to be grateful.
Guess who is paying, and it is not them.
We have it seems learnt nothing.