Rear Window
Palaszczuk's tough borders will cost Village Roadshow owners $21.2m
Myriam RobinRear Window editorQueensland Premier Annastacia Palaszczuk's flagged intention to keep the border shut until Christmas – or at least until there's no community transmission of the novel coronavirus in NSW or Victoria – may be electorally popular. But it'll cost the state's tourism operators dearly. Not least the shareholders of theme park operator Village Roadshow, many of whom won't even have the opportunity to lodge a vote in protest.
According to the documents lodged last week, the private equiteers at BGH Capital who want to buy the company propose to pay an extra 25c a share if theme parks, cinemas and borders allow Village Roadshow's various entertainment assets to soon operate as usual.
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