You are here

Canberra may lift foreign ownership cap on Qantas

Shares up 3.8% on news; PM Abbott wants airline to stay an Aussie icon

[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...

Market voices on: