The Queensland government has launched a bid for Virgin Airlines, causing an absolute stir amongst politicians.
The state’s new Treasurer Cameron Dick has tasked the Queensland Investment Corporation with managing the $200 million originally set aside as a possible loan for the company.
It could now become an equity stake in a potential takeover, that would keep the airline headquarters in Brisbane and protect some 5,000 local jobs.
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However, the move has come under immediate criticism from the Federal Home Affairs Minister Peter Dutton, who took to social media on the issue last night.
“Premier Palaszczuk has almost bankrupted Queensland, and now in the middle of a crisis they want to buy an airline. It is laughable. She “leads” a government which is corrupt and chaotic,” Dutton’s Twitter post reads.
Premier Palaszczuk has almost bankrupted Queensland, and now in the middle of a crisis they want to buy an airline. It is laughable. She “leads” a government which is corrupt and chaotic.
— Peter Dutton (@PeterDutton_MP) May 13, 2020
Queensland Treasurer Cameron Dick was quick to fire back online.
Look mate, just stick to cruise ships … https://t.co/Cb4AArVokL
— Cameron Dick (@camerondickqld) May 13, 2020
It’s understood the Queensland Investment Corporation has until tomorrow to launch it’s official bid, and could be up against almost 20 other offers.
There could also be some competition from New South Wales and Victoria, who are hoping to lure the Virgin Headquarters south.