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This website is in imminent danger of being shut down. It has been online since 1995, but the personal circumstances of the owner, Malcolm Farnsworth, are such that economies have to be made. Server costs and suchlike have become prohibitive. At the urging of people online, I have agreed to see if Patreon provides a solution. More information is available at the Patreon website. If you are able to contribute even $1.00/month to keep the site running, please click the Patreon button below.


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ALP Pledges To Keep Qantas Australian; Says Jobs Will Be Lost Under Government Plan

The Federal Opposition will oppose the Abbott government’s plan to repeal Section 3 of the Qantas Sale Act.

Speaking at a press conference in Canberra tonight, Opposition Leader Bill Shorten, Infrastructure and Transport spokesman Anthony Albanese and Shadow Treasurer Chris Bowen said the “Australian icon” and jobs would be lost offshore. [Read more…]


Government Refuses Debt Guarantee For Qantas But Will Repeal Foreign Ownership Restrictions

The federal government has refused to provide a debt guarantee or a line of credit for Qantas but says it will relax ownership restrictions by repealing Part 3 of the Qantas Sale Act.

Abbott

Amongst other provisions, Part 3 restricts foreign ownership of the airline to 49%. It restricts foreign airlines from owning more than 35% of Qantas. It stipulates that maintenance jobs are based in Australia. The full text of Part 3 is available here in a popup window. [Read more…]