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UPDATE: Nationalising the company would also be unprecedented in recent history. Last time that happened was with Qantas in 1947.

https://www.abc.net.au/news/2026-10-14/federal-politics-reso...

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Nationalisation may be unprecedented but a government could still do a similar devastating impact. See the NuCoal saga where the NSW government passed law that effectively cancelled the mining licence with no financial compensation. Even though the investors were not involved in the corruption scandal, they still didn't get reimbursed.

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