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Murray Watt says advice needed from administrators to determine government support amid administration
Murray Watt, the newly-appointed minister for workplace relations, also weighed in on the Rex Airlines administration on ABC RN just earlier.
In terms of equity stakes or other financial government support, we’ll make those decisions once the situation becomes clearer through the administrator.
This would only be activated if the company is unable to repay entitlements to any workers who are retrenched, and let’s hope it may not get to that.
But also, our department would be providing employment support to workers who do lose their job to ensure that they can get back into work as quickly as possible.
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