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Canberra may lift foreign ownership cap on Qantas

Shares up 3.8% on news; PM Abbott wants airline to stay an Aussie icon
Friday, November 29, 2013 - 06:00

[SINGAPORE] The Australian government is considering changes to the Qantas Sale Act, which limits foreign ownership in the airline to 49 per cent, prompting the airline's share price to rise yesterday. Australian Treasurer Joe Hockey, who mooted the idea of lifting the foreign ownership curbs,

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