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Government Loan to Virgin Australia

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Government Loan to Virgin Australia

Old 8th Apr 2020, 14:49
  #281 (permalink)  
 
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Originally Posted by Cessna Jockey
Correct....starting with commonwealth bank and Qantas, arguably companies with plenty of competition in the private sector.

I think youíll find monopolies like Sydney Airport Corp have Liberal fingerprints all over it. But I could be wrong.

And for the record, Iíve voted AGAINST both sides over the years and dislike them all. Sorry for the politics.
Commonwealth Bank and Qantas yes, part of Telstra also... but not for ideological reasons, in fact the opposite. They just did what the Liberals had been rabbiting on about for decades but never had the guts to do.
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Old 8th Apr 2020, 20:12
  #282 (permalink)  
 
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Sell that totally useless, money incinerating ABC and use the funds to prop up VA. The difference in work ethic, culture and broad custom satisfaction is palpable.
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Old 8th Apr 2020, 20:19
  #283 (permalink)  
 
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Originally Posted by lucille
Sell that totally useless, money incinerating ABC and use the funds to prop up VA. The difference in work ethic, culture and broad custom satisfaction is palpable.
Who exactly would would want to buy the ABC? Seems like your being a little unfair on the ABC workforce? Do you know each of them personally?
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Old 8th Apr 2020, 20:32
  #284 (permalink)  
 
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Originally Posted by lucille
Sell that totally useless, money incinerating ABC and use the funds to prop up VA. The difference in work ethic, culture and broad custom satisfaction is palpable.

Wow.....

Clearly you don't watch ABC programming. Clearly you don't live in a bushfire/natural disaster prone area. Selling a priceless public asset that benefits millions of people to prop up a failing airline would have to be one of the worst ideas I have ever heard in my entire life.

​​​
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Old 8th Apr 2020, 23:19
  #285 (permalink)  
 
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Originally Posted by directimped

Wow.....

Clearly you don't watch ABC programming. Clearly you don't live in a bushfire/natural disaster prone area. Selling a priceless public asset that benefits millions of people to prop up a failing airline would have to be one of the worst ideas I have ever heard in my entire life.

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Itís hillarious how those who loathe the ABC with a passion (as the media they consume tells them to) almost certainly donít watch it. Itís telling how two of the ABCís biggest critics (The Australian and Sky News) went down to a skeleton staff over the Xmas/NYE bushfire period and provided almost no useful help.

Want to save taxpayer dollars to save aviation jobs? Maybe cancel some of the handouts and cushy contracts awarded to those loss making News Ltd entities from the current federal government no one seems to talk about.....

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Old 9th Apr 2020, 00:21
  #286 (permalink)  
 
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Originally Posted by dr dre
Itís hillarious how those who loathe the ABC with a passion (as the media they consume tells them to) almost certainly donít watch it. Itís telling how two of the ABCís biggest critics (The Australian and Sky News) went down to a skeleton staff over the Xmas/NYE bushfire period and provided almost no useful help.

Want to save taxpayer dollars to save aviation jobs? Maybe cancel some of the handouts and cushy contracts awarded to those loss making News Ltd entities from the current federal government no one seems to talk about.....
And what, the people who criticize fox news watch it religiously do they?

Criticism of news organisations that don't share ones political beliefs is hardly the domain of any political persuasion.
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Old 9th Apr 2020, 01:46
  #287 (permalink)  
 
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No mention of the Labor Victorian Government being broke due to the activities of the VEDC (Victorian Economic Development Corporation) and the Tricontinental Merchant Bank which almost brought down the State Bank of Victoria. The Federal Labor Government then rescued the Victorian Labor Government with the Commonwealth Bank taking over the State Bank of Victoria. Due to skeletons in the closet the Labor Federal Government were then forced to sell the Commonwealth Bank. Paul Keating announced the sale of CSL in 1993 (listed on ASX in 1994) ) to raise more funds for the Labor Government to reduce the deficit.

With our surplus budget now going to an expected deficit of 1 Trillion Dollars we are at risk of becoming a Banana Republic. If our coal and mineral exports collapse our dollar will collapse. If anyone thinks VA will be bailed out, lent money or any other assistance they are in fairy land. There will be more important institutions/companies requiring assistance in the coming months.
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Old 9th Apr 2020, 01:50
  #288 (permalink)  
 
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News organizations shouldnít have any discernible political beliefs..theyíre there to report news, not influence it. Anything like that should be firmly labeled as editorial or opinion
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Old 9th Apr 2020, 02:40
  #289 (permalink)  

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Originally Posted by mattyj
News organizations shouldnít have any discernible political beliefs..theyíre there to report news, not influence it. Anything like that should be firmly labeled as editorial or opinion
Exactly. Stopped buying Newspapers years ago for this very reason. I will look at Fairfax news sites & then the News sites & try to figure out where the balance is. As for TV news, I watch the work experience kids on ABC News 24 for a laugh, but generally rely on SBS to avoid seeing Football matters being the lead story! (Love the Footy, but after the "news" thanks)
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Old 9th Apr 2020, 03:06
  #290 (permalink)  
 
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And this has what to do with Virgin being broke?
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Old 9th Apr 2020, 03:19
  #291 (permalink)  
 
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Iíd hate to say it because I really really want virgin to hang around. Iíve got plenty of friends there.

However Jetstar will be Australiaís second airline if it all goes belly up (Virgin). The ACCC will mandate QF split it and thatíll be that.

Perhaps scoot or the like will jump in and pry it away under government direction.

Having said that - I think virgin will still be here. Once we are through this little hurdle, itíll all come back with a vengeance.
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Old 9th Apr 2020, 03:26
  #292 (permalink)  

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Originally Posted by morno
And this has what to do with Virgin being broke?
About as much as this post.
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Old 9th Apr 2020, 04:45
  #293 (permalink)  
 
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Originally Posted by Blueskymine
Iíd hate to say it because I really really want virgin to hang around. Iíve got plenty of friends there.

However Jetstar will be Australiaís second airline if it all goes belly up (Virgin). The ACCC will mandate QF split it and thatíll be that.

Perhaps scoot or the like will jump in and pry it away under government direction.

Having said that - I think virgin will still be here. Once we are through this little hurdle, itíll all come back with a vengeance.

you covered pretty much the entire board there bud!
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Old 9th Apr 2020, 04:56
  #294 (permalink)  
 
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Originally Posted by Buster Hyman
About as much as this post.
Of course youíd reply when Iím asking what your rant about media bias has to do with the topic at hand . Keep fetching those papers grandpa
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Old 9th Apr 2020, 05:38
  #295 (permalink)  
 
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[QUOTE=wheels_down;10743652]
Originally Posted by ampclamp
He didnít say those words exactly. Itís more how you think it was to be interpreted, in your words. It was neither confirm or denial you could draw many strings from that.
Here ya go. You can listen word for word:
ABC Radio Paul Scurrah.
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Old 9th Apr 2020, 05:46
  #296 (permalink)  

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Originally Posted by morno
Of course youíd reply when Iím asking what your rant about media bias has to do with the topic at hand . Keep fetching those papers grandpa
Yet you're the one that doesn't get. Time to find a new dummy.
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Old 9th Apr 2020, 06:08
  #297 (permalink)  
 
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[QUOTE=C441;10744450]
Originally Posted by wheels_down
Here ya go. You can listen word for word:
ABC Radio Paul Scurrah.
Scurrah sounds desperate. Getting the 1.4B might be one thing just wait till you have to pay it back with the Government looking at the books....now that ain't going to be pretty.
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Old 9th Apr 2020, 06:13
  #298 (permalink)  
 
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And now Virgin announces that theyíre stopping ALL domestic flights bar one return SYD-MEL.

If thatís not a company in desperation I donít know what is.

Last edited by morno; 9th Apr 2020 at 06:35.
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Old 9th Apr 2020, 06:14
  #299 (permalink)  
 
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"Just about every government in the world is supporting their airlines..." and so is the the Australian government.

How much has the UK government lent to BA or Virgin Atlantic?
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Old 9th Apr 2020, 06:18
  #300 (permalink)  
 
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And now Virgin announces that they’re stopping ALL domestic flights bar one return SYD-MEL on a Saturday.
Err the opposite of that I believe.
Every day EXCEPT Saturday.

https://www.executivetraveller.com/n...dney-melbourne

They mean RPT I guess? FIFO still operating through VARA?
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