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Old 8th Apr 2020, 03:49
  #254 (permalink)  
B772
 
Join Date: Aug 2000
Location: International
Age: 76
Posts: 1,394
Received 3 Likes on 3 Posts
Scurrah appears to be in panic mode. History will show he did little to restructure since he was appointed over 12 months ago. As little as 3 weeks ago he did not understand the seriousness of the situation. In one of my posts I referred to an announcement he made as being a weak effort. Now he appears to be shoring up his position as the collapse of VA will not look good on his C.V for future employment. A little like Gary Toomey. A rooster one day, feather duster the next.

If Scurrah thinks he can get a letter of comfort or a statement of confidence from the Government he is dreaming. Even HostPlus Superannuation will not get anything from Canberra. As I have indicated previously it will be a slow uncomfortable wind down unless the current owners throw more money in the bottomless pit. I believe they will walk away from VA.
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