According to a recent filing with the ASX, the aerospace engineering, manufacturing, and aftermarket services provider outlined it was looking to “sell all or a majority” share of the business unit to a global entity with a focus on the MRO market.
In his 2024–25 budget overview released on Tuesday, Victorian Treasurer Tim Pallas said that the state government has a “huge amount of funding” tied up with the rail link project, and needs to be “realistic about the project and its timeline”.