🍺 PUB TEST: How Do You Feel About The Government Bailing Out Rex Airlines?

Does the government bailing out Rex Airlines pass the pub test?

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Episode Transcript

Speaker 1 (00:00):
Jonesy and Amanda jam.

Speaker 2 (00:02):
Nation Jonesy demand of arms for the pub test government
bailing out Rex Airlines? Does this pass the pub.

Speaker 3 (00:08):
Tests on the cards? They're looking for a buyer to
step in, but no one is at this stage. The
government's already bought fifty dollars fifty million dollars worth of
from their largest creditor. They've loaned eighty million dollars to
keep the routes running, but no serious suitor has emerged.
Should the government step in. Anthony Albanezi has said we're
determined to make sure that regional communities are not left behind,
so he's preparing maybe to buy Rex. This is a

(00:31):
very important airline for us.

Speaker 2 (00:34):
I'd rather my tax dollars go into Rex Airlines than
some dopey, protesting UNI student, that's for sure.

Speaker 3 (00:39):
Well, the thing is, though it is a private business,
Quantus used to be owned by the government.

Speaker 2 (00:43):
Didn't it yes a wholeheartedlyheartedly?

Speaker 3 (00:47):
And then during COVID Quantus paid two point seven billion
or gave them that money to Quantis who I think
were they supposed to pay that back? And never quite got.

Speaker 2 (00:59):
Around when Alan Joyce just left the country with a
big bag of cash.

Speaker 3 (01:03):
I swagged with a dollar sign on.

Speaker 2 (01:05):
A monorail guy from the simsuits.

Speaker 3 (01:07):
Don't remember how it went, but I think we got
ripped off. Let's just put it that way. But it
meant that our airline kept going. It's very important to
have airlines that keep going. But this is a private business.
Should the government be bailing them out? The government bailing
out Rex? Is it passed the pub test?

Speaker 4 (01:20):
Yeah?

Speaker 5 (01:21):
No, I don't think it passes the pub tests because
I think at the end of the day, if an
airline's struggling, yeah, they shouldn't get bailed out by the
government because most likely they'll spend that money on the
things they don't need and then probably end up going bust. Anyway,
I think.

Speaker 6 (01:35):
It's beneficial for regional flyers, especially because my husband is
actually a five both and where he is is remote
and he depends on REX Airlines.

Speaker 4 (01:45):
Oh look, I think that the Australian government should bail
them out, but then it should become the government owned.
That way, nobody's broughting anything.

Speaker 6 (01:55):
I think the government.

Speaker 1 (01:56):
Should bail out or help REX because I think regional
Australia needs REX.

Speaker 6 (02:01):
And I think they do it tough to get to
the city for.

Speaker 1 (02:04):
Medical treatment and all of that sort of stuff. So
they do need a regional airlines. I think it's the government.
Sure Conscience was owned by the government. They did it
well and sold it. When we had COVID, they bailed
them out and gave them a lot of money, and
Contus never returned the money back. I think it's a
great idea to buy Rex Airlines.

Speaker 2 (02:23):
There you have it. Thank you for rule your calls.