QAN 1.01% $6.00 qantas airways limited

this looks good for sp...all over print media this evening"Labor...

  1. 680 Posts.
    this looks good for sp...all over print media this evening

    "Labor has offered the government an olive branch on changes to laws dealing with the ownership of Qantas.

    A non-government dominated Senate inquiry report into Qantas jobs has rejected a plan by Prime Minister Tony Abbott to allow the airline to take on majority foreign ownership.

    But the Labor-drafted section of the report recommended the Qantas Sale Act be amended to enable foreign airlines to hold more than 35 per cent of Qantas shares in total or a single foreign investor to hold more than 25 per cent.

    The report said these sub-limits "serve no useful purpose" but the ban on foreign interests owning more than 49 per cent of Qantas was still important."
 
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