Albo’s JetKeeper will save Rex and bush votes – but at a price
By doubling down on plans to save Regional Express and its vital rural air routes, Labor rescuing a company that was indisputably the author of its own demise.
Forget JobKeeper. Just weeks out from the federal election, Prime Minister Anthony Albanese has unveiled a pitch to save collapsed airline Regional Express – and ideally, a truckload of votes in regional seats – that we are morally obligated to call JetKeeper.
If JobKeeper came with more than a dollop of moral hazard, JetKeeper is dripping with it. The government is promising to rescue – even potentially acquire outright – a company that was indisputably the author of its own demise.
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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com
