Has the Govt. finally come to Ansetts rescue?
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Has the Govt. finally come to Ansetts rescue?
I saw on the Today Show this morning that the VIC or NSW government have given AN some $90 MILLION. I only caught the last of it and they also said that a deal had been done with SAC and an announcement will be forthcomming this afternoon. Wait and see hey.
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From The Age Web site 15/2/02:
Bracks denies Tesna finance offer
By SIMON JOHANSON. .Friday 15 February 2002. . . .The Victorian government has flatly denied reports it offered Solomon Lew and Lindsay Fox's Tesna consortium $90 million to buy Ansett and keep the airline flying.
Speaking on ABC radio this morning, Mr Bracks said an article in The Australian newspaper, claiming the government had offered the cash incentive, was wrong.
"The article is wrong. We are not offering $90 million," Mr Bracks said.
Asked if the government was offering any money at all, Mr Bracks said: "No. I've said consistently, and this is true, that what we will offer is the equivalent of state taxes, payroll taxes forgone for several years."
"It's nothing, nothing at all like $90 million. That is incorrect," he said.
Mr Bracks said while the author of the report, Mark Westfield, was a "credible journalist," the article "erroneous" and The Australian newspaper had not contacted the government to get its side of the story.
"But in this case he (Mr Westfield) erred. He did not corroborate his story,"
[ 15 February 2002: Message edited by: knackered ]</p>
Bracks denies Tesna finance offer
By SIMON JOHANSON. .Friday 15 February 2002. . . .The Victorian government has flatly denied reports it offered Solomon Lew and Lindsay Fox's Tesna consortium $90 million to buy Ansett and keep the airline flying.
Speaking on ABC radio this morning, Mr Bracks said an article in The Australian newspaper, claiming the government had offered the cash incentive, was wrong.
"The article is wrong. We are not offering $90 million," Mr Bracks said.
Asked if the government was offering any money at all, Mr Bracks said: "No. I've said consistently, and this is true, that what we will offer is the equivalent of state taxes, payroll taxes forgone for several years."
"It's nothing, nothing at all like $90 million. That is incorrect," he said.
Mr Bracks said while the author of the report, Mark Westfield, was a "credible journalist," the article "erroneous" and The Australian newspaper had not contacted the government to get its side of the story.
"But in this case he (Mr Westfield) erred. He did not corroborate his story,"
[ 15 February 2002: Message edited by: knackered ]</p>
Moderate, Modest & Mild.
Read the Polly speak, gentlemen:. . [quote]"The article is wrong. We are not offering $90 million," Mr Bracks said.
Asked if the government was offering any money at all, Mr Bracks said: "No. I've said consistently, and this is true, that what we will offer is the equivalent of state taxes, payroll taxes forgone for several years."
"It's nothing, nothing at all like $90 million. That is incorrect," he said.<hr></blockquote>
"...nothing at all like $90 million."....It was $99 million - and of course that`s NOTHING like $90 mil!! <img src="rolleyes.gif" border="0"> . .They`re SO clever these pollies. <img src="rolleyes.gif" border="0">
Precisely how much IS IT, Mr Bracks??? The people who voted you in have the RIGHT to be told!!
And so I guess that Virgin Blue and QANTAS` new start-up, Australian Airlines (which sounds extraordinarily like the Gov`t owned domestic airline of previous years) also qualify for a rebate in VB`s case, and a similar exemption for AA when they kick off!
Asked if the government was offering any money at all, Mr Bracks said: "No. I've said consistently, and this is true, that what we will offer is the equivalent of state taxes, payroll taxes forgone for several years."
"It's nothing, nothing at all like $90 million. That is incorrect," he said.<hr></blockquote>
"...nothing at all like $90 million."....It was $99 million - and of course that`s NOTHING like $90 mil!! <img src="rolleyes.gif" border="0"> . .They`re SO clever these pollies. <img src="rolleyes.gif" border="0">
Precisely how much IS IT, Mr Bracks??? The people who voted you in have the RIGHT to be told!!
And so I guess that Virgin Blue and QANTAS` new start-up, Australian Airlines (which sounds extraordinarily like the Gov`t owned domestic airline of previous years) also qualify for a rebate in VB`s case, and a similar exemption for AA when they kick off!
