Government Loan to Virgin Australia
Correct....starting with commonwealth bank and Qantas, arguably companies with plenty of competition in the private sector.
I think you’ll find monopolies like Sydney Airport Corp have Liberal fingerprints all over it. But I could be wrong.
And for the record, I’ve voted AGAINST both sides over the years and dislike them all. Sorry for the politics.
I think you’ll find monopolies like Sydney Airport Corp have Liberal fingerprints all over it. But I could be wrong.
And for the record, I’ve voted AGAINST both sides over the years and dislike them all. Sorry for the politics.
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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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.
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.
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.
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.....
It’s hillarious how those who loathe the ABC with a passion (as the media they consume tells them to) almost certainly don’t watch it. It’s telling how two of the ABC’s 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.....
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.....
Criticism of news organisations that don't share ones political beliefs is hardly the domain of any political persuasion.
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.
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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News organizations shouldn’t have any discernible political beliefs..they’re there to report news, not influence it. Anything like that should be firmly labeled as editorial or opinion
Evertonian
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)
And this has what to do with Virgin being broke?
I’d hate to say it because I really really want virgin to hang around. I’ve got plenty of friends there.
However Jetstar will be Australia’s second airline if it all goes belly up (Virgin). The ACCC will mandate QF split it and that’ll 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, it’ll all come back with a vengeance.
However Jetstar will be Australia’s second airline if it all goes belly up (Virgin). The ACCC will mandate QF split it and that’ll 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, it’ll all come back with a vengeance.
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I’d hate to say it because I really really want virgin to hang around. I’ve got plenty of friends there.
However Jetstar will be Australia’s second airline if it all goes belly up (Virgin). The ACCC will mandate QF split it and that’ll 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, it’ll all come back with a vengeance.
However Jetstar will be Australia’s second airline if it all goes belly up (Virgin). The ACCC will mandate QF split it and that’ll 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, it’ll all come back with a vengeance.
you covered pretty much the entire board there bud!
. Keep fetching those papers grandpa
Evertonian
[QUOTE=C441;10744450]
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.
Here ya go. You can listen word for word:
ABC Radio Paul Scurrah.
ABC Radio Paul Scurrah.
And now Virgin announces that they’re stopping ALL domestic flights bar one return SYD-MEL.
If that’s not a company in desperation I don’t know what is.
If that’s not a company in desperation I don’t know what is.
Last edited by morno; 9th Apr 2020 at 06:35.
"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?
How much has the UK government lent to BA or Virgin Atlantic?
And now Virgin announces that they’re stopping ALL domestic flights bar one return SYD-MEL on a Saturday.
Every day EXCEPT Saturday.
https://www.executivetraveller.com/n...dney-melbourne
They mean RPT I guess? FIFO still operating through VARA?