Now lets see, around 15 years ago the airports were owned by the people for the people with no debt.
Then little Johnny was convinced there was a quid in it for the guvment so Murky and Beaker were tasked to flog them off, either to big banks or development sharks, not sure which one in Launnies case.
The buyers of course had to borrow lots of money from offshore to pay Johnnie thus creating a debt. Of course that artificial debt had to be serviced, so the industry and the people got raped with massive charges and squillions of dollars disappear each year into tax free havens around the world, leaving nothing for aviation infrastructure other than for building car parks or in the case of the development sharks, shopping centres.
So with no money left, and an industry on its knees from over regulation and unable to stump up any money Australia's aviation infrastructure degenerates to third world standards.
One can only wonder if so called privatisation had not occurred and some of those tax free squillions had been applied to aviation infrastructure how much safer it would be in Australia?
Then little Johnny was convinced there was a quid in it for the guvment so Murky and Beaker were tasked to flog them off, either to big banks or development sharks, not sure which one in Launnies case.
The buyers of course had to borrow lots of money from offshore to pay Johnnie thus creating a debt. Of course that artificial debt had to be serviced, so the industry and the people got raped with massive charges and squillions of dollars disappear each year into tax free havens around the world, leaving nothing for aviation infrastructure other than for building car parks or in the case of the development sharks, shopping centres.
So with no money left, and an industry on its knees from over regulation and unable to stump up any money Australia's aviation infrastructure degenerates to third world standards.
One can only wonder if so called privatisation had not occurred and some of those tax free squillions had been applied to aviation infrastructure how much safer it would be in Australia?