PERSPECTIVE: The Aus Govt shouldn’t bail out Virgin Australia as per @richardbranson tweet. A thread. #COVID19Aus #VirginAustralia

Let’s be real and let’s be a business person.

Virgin is 92% owned by foreign companies. #COVID19Aus #VirginAustralia

The CEO of VA and @richardbranson are calling on @JoshFrydenberg and the Aus Govt to pay off more than $7bn in debt. Debt that’s incurred by foreign companies. #COVID19Aus #VirginAustralia

These companies are multi-billion companies who are more than happy to take 92% of the net profit offshore. The remaining 8% goes to Australian stakeholders. #COVID19Aus #VirginAustralia

It’s similar to Ford and Holden.

Ford and GM racked up so much debt and they wanted the govt to bail them out so they played the “Aussie worker” card. #COVID19Aus #VirginAustralia

Why should our tax dollars be used to bail out foreign companies who aren’t taking responsibility for their business? #COVID19Aus #VirginAustralia

At the end of the day, the Morrison Govt, I feel, are doing a sensational job. It’s not up to them or our tax dollars to bail out a 92% foreign owned company. #COVID19Aus #VirginAustralia

Maybe if VA was managed better by these foreign companies, @richardbranson included, they wouldn’t be $7bn in debt. #COVID19Aus #VirginAustralia

Don’t get me wrong, I feel for the VA staff affected but that’s why there is #jobkeeper and #jobseeker. #COVID19Aus #VirginAustralia

Imagine if BP complained tomorrow that all their Australian sites were about to close because we’re not buying petrol. Would you be fine with a billion-dollar payout going to a British owned company? #COVID19Aus #VirginAustralia

It’s time for foreign owned businesses operating in Australia to take responsibility of their own debt and malpractice. #COVID19Aus #VirginAustralia

It’s not OUR job and money to save VA. It’s the responsibility of the 92% to acknowledge their failures and either put their own money in or stop operating in Australia. #COVID19Aus #VirginAustralia

These companies need to stop playing Australian workers as the pawns to draw sympathy from us. For them it’s sad, yes but to use them to avoid paying debts owed, survey says no. #COVID19Aus #virginaustralia