View Full Version : ASIC may investigate Bestjet
RAD_ALT_ALIVE
24th Aug 2014, 23:39
Well done MASTEMA - I wonder if your (shortlived - good one mods!) post helped bring this into the spotlight.
Boss of failed Air Australia returns to travel industry (http://www.theage.com.au/business/boss-of-failed-air-australia-returns-to-travel-industry-20140824-107sla.html)
AirWest
25th Aug 2014, 00:11
careful... the mods are lurking!
FYSTI
25th Aug 2014, 01:27
archive.org is your friend (https://web.archive.org/web/20140825012353/http://www.pprune.org/australia-new-zealand-pacific/546247-asic-may-investigate-bestjet.html).
AirWest
25th Aug 2014, 08:05
bump .............
anyone can open or run a travel agency (except maybe Michael James & others disqualified).
Travel agent licensing has ended. It ended in most states/territories 30 June 2014 & WA dagging the chain, but they have said they will end it too.
wheels_down
20th Dec 2018, 09:13
MJ at it again
https://www.google.com.au/amp/s/amp.news.com.au/travel/travel-updates/australian-travellers-may-be-left-stranded-over-christmas-after-budget-airfare-company-bestjet-collapsed/news-story/6b021f991c315ae1c115a2f0675d194e
Ejector
20th Dec 2018, 11:22
Did ASIC investigate it back in 2014?
Mumbai Merlin
20th Dec 2018, 21:06
Company has been placed into 'administration' after owner/operators failed to comply with directives
Rated De
21st Dec 2018, 06:32
The one thing going for regulation down under is consistency.
The Hayne Royal Commission has already exposed a litany of BS where duplicity is the order of the day.
The gatekeeper of the Corporations Act are consistent. They consistently are looking the other way.
One might have hoped that James represented an acknowledgement that the Fox ran the chicken coop.
Kelly O'Dywer made all the right noises.
"Mr Shipton brings wide regulatory and financial market knowledge to the position, as well as international experience," Ms O'Dwyer told reporters at a media conference in Canberra.
He sure does, as a Goldman's Sachs banker, replacing a banker....
What dear Kelly O'Dywer neglected to mention is that her and James are well known to each other, as James' daddy Roger held the seat of Higgins.
So why nothing of substance changes, perhaps a low risk prosecution, shooting fish in a barrel might make a man of James.