And why would offshore money be any better than local money?
I suspect that it has no appeal locally as the ROI is negative. All they will do is screw it up on others cash.
Qantas problems are not the country of origin of investment. They are simply the strategic management clock ups and unhappy staff.
I hate to say this but the culture is so destroyed that a complete collapse and a rebuild is required.
I would love to have a go at fixing it...but the sackings would be a media frenzy and now days probably illegal. The planning would take twelve months and the execution about 7 days. All those in HR, finance, marketing OHS and a few other departments would be nervous, very nervous.