We would certainly favor any disposal of Virgin Blue. They're still not getting many benefits because the oil price is high and the labor market's still restricting any real leverage of the business model.
More Quotes from Atul Lele:
The cost of the expansion is higher than we expected, but diamond prices and demand have been buoyant, which means the project will meet returns targets.Atul Lele
There is medium- and longer-term value in there for the government so they would be smarter holding onto it and placing it in the Future Fund if they didn't need the funds immediately.
Atul Lele
It's a very appropriate price for Patrick. Toll is going to become a very powerful player in the industry.
Atul Lele
Funds management has been a standout, but is as expected, given the strong investment markets. Business lending is also strong and has slightly offset weakness in Westpac's home-lending segment.
Atul Lele
The volatility of international equity, interest rate and currency markets has the potential to significantly alter the value of the funds' assets.
Atul Lele
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