Australia's largest stock trading and investment forum Australia's #1 stock forum

Should the Govt takeover REX?, page-2

First 2 Last

Share
Profile

Follow
tbirdsrgo

14,065 Posts.

476

01/08/24

17:33

Post #: 75031884
Share

Originally posted by Scott th Ratbag: ↑

with REX looking pretty shaky and in administration after trying to lift their revenue competing in the city-to-city market.

crushed by Qantas as some are saying? maybe. its free market practice for bigger companies to crush little ones.

how to regulate a competitive industry?

should the govt take a financial interest in Rex with the aim of ensuring people living in regional towns get a fair price and consistency in servicing the rural/regional market?

certainly Qantas and Virgin aren't very interested in flying short haul, low passenger services.

so what is a sensible position on Rex?

Expand

The Guvnuts are between a rock and a hard place on this. I am sure they are burning the midnight oil and will come up with something.
1 Upvote

Reply

Top Stories

SFM

Why is Santa Fe Minerals up 370% on Thursday?

CBA

CBA down as BHP goes up – what's going on, and, will CBA stocks correct?

Thursday's HotCopper trends: Vault Q4 miss, Peak raise | July 3

ASX Market Close: Local bourse dips red as CBA profit takers swoop

Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming

RML

Resolution looks to 'strong historical data' as Horse Heaven search begins

Trump chides Powell as Goldman call for calm. The RBA must be nervous

ASX Market Open: Oz shares dip back (very slightly) after Wed's record close | July 3

CCO

The Calmer Co FY25 revenue hits $8 million, up 86% on FY24

GLF

Gemlife used the ASX's new IPO fast-track. Is this the start of a new cycle?

First 2 Last

SPONSORED BY