Senate debates

Wednesday, 14 March 2012

Questions without Notice

Foreign Investment

2:50 pm

Photo of Penny WongPenny Wong (SA, Australian Labor Party, Minister for Finance and Deregulation) Share this | Hansard source

I referenced in the previous answer international airline licences. I am advised the Department of Infrastructure and Transport monitors ongoing compliance with those requirements. I am also advised that as long as Virgin Australia's international airline continues to comply with the provisions of the act—here I am talking about the Air Navigation Act—it is free to structure its domestic operations as it sees fit. Virgin, I understand, has said there will be no job losses as a result of its decision and it will not affect the day-to-day running of its international and domestic airlines. As I said, I have invited Senator Xenophon to a briefing if he has more detailed questions on some of those issues. I would be happy to arrange for such a briefing.

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