Qantas nod for $1630M loan
NZPA-AAP Canberra The Australian Federal Government has approved borrowings next financial year of up to sAustl4so million (51630.5 M for Qantas, Australia Airlines and airport upgrading, which will provide additional funds even if attempts to partly privatise the airlines fail. Government sources J
said this could give scope for a lower borrowing level if partial privatisation proceeds. The borrowing provisions were outlined in the Commonwealth’s statement of position for the Premiers’ Conference and Loan Council meeting. Some of the states have cited the level of projected Commonwealth
aviation borrowings as being evidence of unfair treatment in relation to tough restrictions on state borrowings. However, the Commonwealth statement emphasised the economic need for funding of reequipment and expansion of the airlines as well as related airport infrastructure. A .
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19880523.2.148
Bibliographic details
Press, 23 May 1988, Page 33
Word Count
132Qantas nod for $1630M loan Press, 23 May 1988, Page 33
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in