Our auto subsidies were relatively low (and Keane is wrong)

Crikey readers talk government subsidies and what in the world we should do about Qantas.

The curse of the national carrier 

Glen Frost writes: Re.”Qantas’ financials up in the air as govt help flies out the window” (yesterday). The easiest solution for Qantas is to negotiate a debt-for-equity swap. Doing this now, when they are not desperate, is the best option. Selling anything when in desperate need of cash will always mean assets are heavily discounted. Well done to the men in blue ties for telling Joyce to go and read Economics 101.

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