Federal Ministers Criticise Queensland’s Bid for Virgin Australia

Federal Ministers Criticise Queensland’s Bid for Virgin Australia
Grounded Virgin Plane, Brisbane Airport, Brisbane, Australia, April 21, 2020. Jono Searle/Getty Images
|Updated:

Following the Queensland government’s cabinet reshuffle, newly minted treasurer Cameron Dick tabled a bid to buy a stake in struggling airline Virgin Australia; a move that has been heavily criticised by a number of federal ministers.

Dick said the government’s investment could take the form of a direct equity stake, a loan, guarantee, or other financial incentives.