Nationals Senator Backs Down on Proposal to Divest Qantas

Published on September 9, 2024

Senate Nationals Leader Bridget McKenzie has withdrawn her call to break up Australia’s flag carrier Qantas and its subsidiary airline, Jetstar, just hours after it was published. On Sept. 9, the Australian Financial Review newspaper published an op-ed penned by McKenzie, in which she said it was time for the Labor government to consider divestiture powers to improve competition in the aviation industry. Pointing to Qantas’ dominance in the market, the senator said the government had protected the airline with its decision to block competition from Qatar Airways, and prevent the Australian Competition and Consumer Commission (ACCC) from monitoring airfares. She also stated that government’s unwillingness to reform the industry came at a cost for Australian consumers and businesses....

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