Coalition Pushes Jetstar Divestment

Published: Sep 08, 2024 Duration: 00:00:51 Category: News & Politics

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the Coalition is pushing for the forced sell-off of Quan's lowcost Airline Jetstar in a bid to lower air fars this proposal driven by Coalition transport spokeswoman Bridget McKenzie suggests the government should have powers to enforce divestures in the aviation sector the move is likely to escalate tensions between Cur and major corporations particularly as a federal election approaches this is part of a broader effort by the opposition to increase regulation across various Industries following similar proposals targeting supermarkets and big box retailers some Business Leaders criticize the plan as populist and lacking in substance warning it could further erode trust in institutions with cost of living pressures mounting the debate over competition and consumer protection in key Industries is intensifying

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