QANTAS - WHERE TO NOW?
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Jon Scriven - exactly what the problem with 'management' is. What does he actually do? besides giving out the staff travel voucher and sitting at the roadshows drinking Coke, what does he actually offer? He gets paid big bucks for not a lot.
His 'principles' email he sent to everyone on Friday was just laughable.
His 'principles' email he sent to everyone on Friday was just laughable.
Doctor warns about workplace psychopaths
I have studied this phenomenon for ten years. Finally people are waking up.
Qantas is likely to be the first case where company failure is caused by these people.
Bosses urged to watch for workplace psychopaths - ABC News (Australian Broadcasting Corporation)
Qantas is likely to be the first case where company failure is caused by these people.
An Australian psychotherapist is urging employers to watch out for workplace psychopaths, who he says are more common than generally thought.
Doctor John Clarke says workplace psychopaths exist in most large organisations and can isolate and mentally destroy the staff around them.
Speaking at the Tasmanian Work Health & Safety Conference, Dr Clarke said the only way to win the war against these psychopaths is to refuse to tolerate their damaging behaviour.
"When people think of psychopath, they think of a serial killer or a rapist. And they are fairly similar things," he said.
"The workplace psychopath is somebody who psychologically destroys the people they work with to feed their need for a sense of power and control and domination over other
"They don't suffer any guilt or remorse, or in fact they enjoy the suffering of other people."
Doctor John Clarke says workplace psychopaths exist in most large organisations and can isolate and mentally destroy the staff around them.
Speaking at the Tasmanian Work Health & Safety Conference, Dr Clarke said the only way to win the war against these psychopaths is to refuse to tolerate their damaging behaviour.
"When people think of psychopath, they think of a serial killer or a rapist. And they are fairly similar things," he said.
"The workplace psychopath is somebody who psychologically destroys the people they work with to feed their need for a sense of power and control and domination over other
"They don't suffer any guilt or remorse, or in fact they enjoy the suffering of other people."
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Fruitcakes, fruitloops and CEO's
Sunfish, the book "The Sociopath Next Door" is equally disturbing but also when compared to some aspects of QF some might say is a perfect fit. So you have two different personalities, sociopaths and psychopaths, the big difference is one group is pretty obvious but the other is not.
Twin Beech, Love your post. "looter executives", perfect description. I have also heard the term "rapist executives" used as well, in reference to raping the companies finances.
Anyway, welcome to western democracy. A world proliferated by a greedy top tier society, corrupt governments and company executives unscrupulously willing to bury, burn and destroy other humans in the conquest to inflate their own bank balances.The system has been set-up, structured and allowed to support these people and their methodology. Until we stop accepting this as normal behaviour and stop bending over and allowing these turds to get away this we will never be better off, the system will never change and we will be having the same discussions in 10, 20, 50 years time.
Twin Beech, Love your post. "looter executives", perfect description. I have also heard the term "rapist executives" used as well, in reference to raping the companies finances.
Anyway, welcome to western democracy. A world proliferated by a greedy top tier society, corrupt governments and company executives unscrupulously willing to bury, burn and destroy other humans in the conquest to inflate their own bank balances.The system has been set-up, structured and allowed to support these people and their methodology. Until we stop accepting this as normal behaviour and stop bending over and allowing these turds to get away this we will never be better off, the system will never change and we will be having the same discussions in 10, 20, 50 years time.
Last edited by my oleo is extended; 1st Oct 2012 at 21:55.
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Jon Scriven - exactly what the problem with 'management' is. What does he actually do?
Is he still there?
plus this sleeper story.... what if they have to pay it back?
..
Last edited by TIMA9X; 2nd Oct 2012 at 00:44.
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It's OK, QANTAS International will pay it all back.
Even though $26.6m is owed by JetStar.
Read more: Qantas to cough up GST on unused tickets
Even though $26.6m is owed by JetStar.
The Tax Office claimed Qantas and its budget subsidiary Jetstar owed $26.6
million in GST collected on unused tickets, and that the airline owed another
$7.6 million on fares for which no refunds were ever claimed
million in GST collected on unused tickets, and that the airline owed another
$7.6 million on fares for which no refunds were ever claimed
Last edited by 73to91; 2nd Oct 2012 at 01:39.
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Tim they do.They lost and have to pay the GST.
Thanks ampclamp, yeah, just as I thought, I trust someone can pose the question at the up and coming AGM....
Qantas' argument on this case appeared doomed from the start. If it didn't ptovide a service (as it claimed) how could it hold onto the tax. Surely it would have to be repaid to the customer even if the actual fare component didn't. The alternative was, as decided by the High Court, that it had provided a service and GST was payable.
Does anyone know how QF had accounted for this? I assume they had had kept it as a liability in their books pending the decision. If it had gone in their favour they would have had an abnormal gain. If they had previously recognised the revenue, they have to process a big expense in this financial year and given GST nevers applies to international fares it can't be sheeted home to the "unwanted orphan."
Does anyone know how QF had accounted for this? I assume they had had kept it as a liability in their books pending the decision. If it had gone in their favour they would have had an abnormal gain. If they had previously recognised the revenue, they have to process a big expense in this financial year and given GST nevers applies to international fares it can't be sheeted home to the "unwanted orphan."
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With regard to the $26.6M GST payable by Jetstar.
Does that mean that the Jetstar revenue of $266M was contributable to fares booked in which the passengers did not travel.
How much of this revenue was genuine passengers failing to show versus the JQ terms & conditions of failing to check in within the required time a passenger forfeits the fare.
Not a bad business if $266M can be made on no (or late) show passengers.
MC
Does that mean that the Jetstar revenue of $266M was contributable to fares booked in which the passengers did not travel.
How much of this revenue was genuine passengers failing to show versus the JQ terms & conditions of failing to check in within the required time a passenger forfeits the fare.
Not a bad business if $266M can be made on no (or late) show passengers.
MC
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The GST was already paid, QF were chasing a refund so this will have no effect on the books. Using only the figures provided, cause I couldn`t be bothered looking up the actual ones.
$26.6 million owed by the group (Qantas AND Jetstar) plus another $7.6 million.
That equals $34 million.
QF revenues of $14.6 billion 10/11, so you would expect more last year.
JQ revenue of $2.14 billion for the same period.
So JQ`s GST component is 1/7th of QF`s. Yet 78% of the bill is JQ`s??
So trying to attribute $26 million of the fine to JQ is a pushing the limits even for the usual JQ bashers.
Seeing as QF INTL lost all of our profit, then I think we should have got the refund anyway.
$26.6 million owed by the group (Qantas AND Jetstar) plus another $7.6 million.
That equals $34 million.
QF revenues of $14.6 billion 10/11, so you would expect more last year.
JQ revenue of $2.14 billion for the same period.
So JQ`s GST component is 1/7th of QF`s. Yet 78% of the bill is JQ`s??
So trying to attribute $26 million of the fine to JQ is a pushing the limits even for the usual JQ bashers.
Seeing as QF INTL lost all of our profit, then I think we should have got the refund anyway.
Last edited by metrosmoker; 2nd Oct 2012 at 08:33. Reason: on advice from my accountant
Seeing as QF INTL lost all of our profit, then I think we should have got the refund anyway.
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Given the difference in the type of pax between main line and JQ I am not surprised that JQ have a higher amount in unrefunded flights not taken. I am surprised at the stones on the executive who thought this up. 'We'll take their money but tell the Tax Office we didn't provide them anything so therefore no GST!' If you didn't provide them anything then why do you have their money?
Quite apart from the cost it another PR debacle.
Quite apart from the cost it another PR debacle.
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we didn't provide them anything so therefore no GST
Surprised how this lot haven't applied the interpretation across the whole company offerring and see what they could do, because it probably applies more so to their business model than just unclaimed seats.
Surprised how this lot haven't applied the interpretation across the whole company offerring and see what they could do, because it probably applies more so to their business model than just unclaimed seats.
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I had been fairly sanguine until now about this issue as I am a hard core cynic when it comes to the motives and opportunities of QF executives (the reader will note the forensic allusions). Leaving that default eye-rolling, shoulder-shrugging reaction to all things Joycean and thinking for a minute I am newly dismayed at how this bouquet of sphincters convinced themselves that this was a good idea.
You never take on the ATO in a case where you collected taxes for them in good faith but don't wan't to forward them on, no matter how clever the rationale. Were these guys born yesterday? Also, every IQ 101+ person is doing the math today and wondering about the missing 300 Million.
Avarice eventually stops being its own reward.
You never take on the ATO in a case where you collected taxes for them in good faith but don't wan't to forward them on, no matter how clever the rationale. Were these guys born yesterday? Also, every IQ 101+ person is doing the math today and wondering about the missing 300 Million.
Avarice eventually stops being its own reward.
Last edited by Twin Beech; 3rd Oct 2012 at 05:03.
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They offered a ticket for a price which included GST. If you keep the money for the fare due to fare conditions, then the transaction between the customer and the company is completed. Simple..... the GST must be paid.
Even if the company offers a refund for certain conditions, the refunded fare which will includes GST is refunded back to the customer.
The GST belongs to either the customer or the government, not the company.
For the company to claim the GST for themselves is plainly ridiculous as was ruled.
These guys are becoming desperate.
Even if the company offers a refund for certain conditions, the refunded fare which will includes GST is refunded back to the customer.
The GST belongs to either the customer or the government, not the company.
For the company to claim the GST for themselves is plainly ridiculous as was ruled.
These guys are becoming desperate.