Interesting 24 hours.
I thought Abbott's choice of words during parliament were very telling. Abbotts reference to Qantas having been a largely profitable business over the last 10 years and will continue to be so if properly managed (Tima9X, can you find this reference?) came across as a direct criticism to the current managements performance.
Then we have had the blatant about turn by Joyce in regard to the Carbon tax, He looked like a beaten dog with his tail between his legs.
Then we have the now announced Senate enquiry
So, as punishment to Joyce for embarrassing the Lib Government in regards initially that the Carbon tax not being an issue, it appears that the Government are going to drag the QSA amendment through the senate, knowing full well it's not going to pass in it's current state. Tell Joyce in the mean time there is no plan B, exposing again this management's inability to manage, thus giving the senate enquiry enough time to expose Joyce's management performance and limp foreign screw ups and effectively ending Joyce's tenure (if he even lasts this long).
This is what you get when you have such a big ego and you have misjudged your audience, embarrassed people that have long memories and positions of power and treated everyone else like they are morons.
This is my guess where this is heading.
It will be the end of Joyce, the QSA amendment will be passed by the senate with the amendment being the 25/35% restrictions being removed but the 51% Australian owned remaining. Then finally, a debt guarantee under a new CEO and management until the 49% investment is taken up by a suitable foreign investor.
Today it all changed. God knows what tomorrow will bring!
