Business now knows no handouts: Turnbull

Malcolm Turnbull says business will be "recalibrating" its view of the Abbott government after its refusal to bail out Qantas and SPC Ardmona. While government intervention had a short-term political plus, in the long-term it was "counterproductive", Mr Turnbull said. The federal government last week refused to help Qantas out with a debt guarantee or unsecured loan, instead proposing changes to ...