Australian government rejects Qantas $2.7bn loan request

[mhm]

The Australian government has rejected struggling airline Qantas's request for an A$3bn ($2.7bn; £1.6bn) loan.

Instead, Australian Prime Minister Tony Abbot said the government plans to change rules preventing foreign investment.

However, Mr Abbot has not yet won support of opposition senators, who say the move could send jobs overseas.
http://www.bbc.co.uk/news/business-26445272