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Thread: ACA & Ansett!
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Old 28th Nov 2004, 07:04
  #19 (permalink)  
Buster Hyman

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Join Date: May 2000
Location: #3117# Ppruner of the Year Nominee 2005
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Okay, here goes...

SEESA = Govt funds paid to AN staff - Good
AN Tax = Insurance to cover Govt losses for SEESA - Bad (for punters)
70% paid out = Pretty much all we'd get - Good (better than sweet FA)
Govt profit = Monies collected above & beyond SEESA - Bad (SEESA was well covered & tax should've been lifted earlier)

The excess collected as AN Tax should not be going to employees of AN. (Me) The Govt ensured our initial redundancy payments (SEESA) to hide the fact that there was woefully inadequate protection for workers in the event of redundancies. Also, it highlights how crooks like Murdoch can get away with anything.

My perfect result = Govt covers all loopholes in redundancy issues including Super. AN's legacy is that this deficiency in our system is fixed, meaning that tools like Dexter don't go through what Ansett, Compass, Kodak, Arnotts etc, etc, etc staff have already been through.

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