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NewsMail Afternoon Edition
Tue 04 Mar, 2014

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Move to lift Qantas restrictions sparks political row

The Government's push to remove restrictions on Qantas has fired up a heated political row, but received a lukewarm response from the airline itself.

Last night, Prime Minister Tony Abbott announced the Government wants to repeal Part 3 of the Qantas Sale Act - a major section that restricts foreign ownership and stipulates that much of the airline's facilities and staff be based in Australia.

The move is unlikely to pass the Senate, and that political reality has been noted by Qantas, which has called on the Government to consider alternative options.

Within the Coalition, it seems the political tactics are already being questioned, with Deputy Prime Minister Warren Truss asked by a colleague: "What is plan B?"

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The Drum

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Don't just abandon Qantas to the market

As Qantas flounders, Tony Abbott will attempt to score political points over the carbon tax and union control, blaming the obstructers in the Senate for any job losses to come.

But polling shows that the Government's course of allowing increased foreign ownership is the least preferred option; even full re-nationalisation of the airline is more popular.

Voters simply don't buy that the market - as represented in this case by Alan Joyce - knows best.

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Just In

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Falling dollar, rising prices should help drought-hit farmers: report

A falling dollar and rising global prices should help soften the blow of severe drought on Australian agricultural production over the next year, according to a new report.

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World

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All Is Lost director on Robert Redford and making a wordless film

Imagine shooting a movie with just one actor, barely a handful of words and no land scenes.

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Business

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Reserve Bank leaves interest rates unchanged at 2.5pc

The Reserve Bank has left interest rates on hold at 2.5 per cent for the seventh month in a row.

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Politics

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WA Treasurer Buswell on leave for health reasons

West Australian Premier Colin Barnett has confirmed Treasurer Troy Buswell has taken personal leave for health reasons.

Mr Buswell has been on leave since last week, although the Government had declined to comment on the reasons for his absence until now.

It comes at a critical time for the Government, with budget preparations underway.

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Sport

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Graeme Smith to retire from international cricket

South Africa captain Graeme Smith will retire from international cricket at the end of the current Test in Cape Town.

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Science and Technology

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Scientists revive 30,000-year-old virus

French scientists say they have revived a giant but harmless virus that had been locked in the Siberian permafrost for more than 30,000 years.

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Environment

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Scientists revive 30,000-year-old virus

French scientists say they have revived a giant but harmless virus that had been locked in the Siberian permafrost for more than 30,000 years.

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