Forget the corporate rhetoric from Borghetti and Joyce in their latest public exchanges on Virgin’s rampant capital-raising efforts this year, what is becoming clear is that the majority foreign-owned carrier Borghetti leads is staving off a financial cold, writes Julian Green. In the last 12 months, Virgin Australia has raised more than $1 billion in
If what was reported in the Daily Telegraph that the new government is getting ready to pour concrete at Badgery’s Creek, a 60-year-old hoodoo is broken. The newspaper suggests federal treasurer Joe Hockey is seeking to include funding for an airport at Badgerys Creek in the 2014/15 budget to help stimulate a slowing economy. Certainly
In the wake of a few years of significantly reduced budgets, a lot has been said of the lack of defence funding. Much of the argument surrounding the spending cuts have called for resourcing in line with what has been in place for the last ten or so years. But we do need to ask
For defence will it matter who wins the election? On paper there is little to split the two major sides of politics. Both are committed to growing defence spending to 2 per cent of GDP. Both are committed to big ticket items such as the F-35 Joint Strike Fighter and building 12 submarines in Adelaide.
With a federal election tomorrow, it is timely to reflect on the role the federal government plays in Australian aviation. From CASA, to Airservices, to taxation levels, supporting research and development, to education policy, elements of the federal government, and its policies, touch aviation across a broad spectrum. But is it a force for good?
Next week Australia will have, no matter who wins the federal election, a new government. It might be led by the recycled, ‘everything old is new again’ Kevin Rudd, or more likely, as the polls suggest, Tony Abbott’s Liberal-Nationals Coalition. And it appears that that new government will make a new decision on a second