MERGED: Alan's still not happy......
"I note that under current Australian accounting and corporate governance rules, this level of cost-shifting within group accounts is permissible"
Well said, I do wonder if cost shifting in order to extort billions of taxpayer dollars from the Federal Government was the intention though.
Well said, I do wonder if cost shifting in order to extort billions of taxpayer dollars from the Federal Government was the intention though.
Arise Sir Alan
will he now be called Sir Alan!
For services to Aviation?
Unbelievable that the most important legislation that they can implement when jobs and the airline industry is in terminal decline is to reinstate Knighthoods!
For services to Aviation?
Unbelievable that the most important legislation that they can implement when jobs and the airline industry is in terminal decline is to reinstate Knighthoods!
Qantas is a national disgrace thanks to its current Board and management. It has failed every test of management now since at least as long as I've been around Pprune. One therefore has to wonder if this is deliberate and at the wish of controlling shareholders.
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Qantas chief Alan Joyce playing a 'dangerous' game: Air Asia CEO
Qantas chief Alan Joyce playing a 'dangerous' game: Air Asia CEO
AirAsia CEO Tony Fernandes and Qantas CEO Alan Joyce in Sydney in 2010.
Embattled Qantas chief executive Alan Joyce has been given some free advice from the outspoken head of Malaysia’s Air Asia; get on with the job and stop trying to do deals with government.
“I think the national carrier needs to re-evaluate its whole business,” Air Asia group chief executive Tony Fernandes told the Australian Financial Review, adding that Mr Joyce’s attempt to gain a government guarantee on its debt, as “dangerous” and that it was good Prime Minister Tony Abbott rejected it.
“I can sympathise with him, [Alan Joyce] he may think that Virgin [Australia] is getting assistance from Etihad … but at the end of the day it looks [like] a commercial transaction and I think governments should stay out.
“I think the problems with the airline industry are governments and I applaud Tony Abbott for making the statement that he has made.”
His comments come at a tumultuous time for the Australian airline, with Qantas shares down nearly 40 per cent over the past 12 months to around $1.03 amid investor concern about mounting debts, 5000 jobs being axed and a federal government trying to distance itself by refusing to back a standby debt facility.
Speaking at the Credit Suisse Asian Investment Conference in Hong Kong, Mr Fernandes told a gathering of investors that he liked to “go into a market when there is a state of flux.”
Asked separately about whether that statement pertained to him seeing opportunities opening up for Air Asia in Australia, given the problems at Qantas, Mr Fernandes said the market was already “saturated”, but that there was definitely scope to grow into the market given there are “lots of places we want to fly to in Australia.”
In addition to Qantas posting a $252 million loss for the six months to December 31 last year, investors have been left disappointed at the lack of details on a structural review, and a possible sale of a minority stake of the lucrative frequent flyer program - estimated to be worth $2.5 billion.
“Qantas will have to know that the good old days have gone I suppose and they have to cut their cloth accordingly and look at their whole business.
Qantas executives and shareholders are now waiting to see whether the government will deliver on a proposal to remove all foreign ownership restrictions under the Qantas Sale Act, potentiallyallow the airline’s domestic arm to be majority foreign-owned while keeping the international arm Australian owned.
“It is bizarre to me how national airlines have so much power with governments. Banks are foreign owned, telephone companies are foreign owned, airports are foreign owned, like Macquarieowns lots of airports around the whole. Heathrow is owned by a Spaniard.
Qantas is majority controlled by large institutional investors and about 40 per cent of Qantas shares are held by offshore investors.
This is below the 49 per cent limit on foreign ownership that the government is now seeking to lift by changing the Qantas Sale Act.
“I think times have changed and the Qantas Sale Act is out of date. Why does Qantas have to be Australian owned?
“I don’t think foreign ownership … makes a big difference. And you have got to question if Jetstar makes sense, should it be a separate company,” said Mr Fernandes.
In addition to its frequent flyer program, budget carrier Jetstar’s Australian operations have been one of the few money spinners for Qantas.
Air Asia is one of Jetstar’s rivals in Australia. Mr Fernandes said he intends to continue expanding in the Australian market but he would not be drawn on whether that involved Qantas.
“I have always said that Qantas has to put its capital across many businesses. Air Asia puts it all into a short haul business, it is nice a simple. But Qantas has maintenance, long haul, short haul, turbo prop and a low cost carrier.
Qantas is spreading itself too thin.
“We have a big presence in Australia, which is growing.
“Adelaide was a recent addition and we will continue to add flights and grow in that market.
However he added that India and Japan remained the key focus for the time being because this is where more money could be made given the bigger markets.
Read more: Qantas chief Alan Joyce playing a 'dangerous' game: Air Asia CEO
Embattled Qantas chief executive Alan Joyce has been given some free advice from the outspoken head of Malaysia’s Air Asia; get on with the job and stop trying to do deals with government.
“I think the national carrier needs to re-evaluate its whole business,” Air Asia group chief executive Tony Fernandes told the Australian Financial Review, adding that Mr Joyce’s attempt to gain a government guarantee on its debt, as “dangerous” and that it was good Prime Minister Tony Abbott rejected it.
“I can sympathise with him, [Alan Joyce] he may think that Virgin [Australia] is getting assistance from Etihad … but at the end of the day it looks [like] a commercial transaction and I think governments should stay out.
“I think the problems with the airline industry are governments and I applaud Tony Abbott for making the statement that he has made.”
His comments come at a tumultuous time for the Australian airline, with Qantas shares down nearly 40 per cent over the past 12 months to around $1.03 amid investor concern about mounting debts, 5000 jobs being axed and a federal government trying to distance itself by refusing to back a standby debt facility.
Speaking at the Credit Suisse Asian Investment Conference in Hong Kong, Mr Fernandes told a gathering of investors that he liked to “go into a market when there is a state of flux.”
Asked separately about whether that statement pertained to him seeing opportunities opening up for Air Asia in Australia, given the problems at Qantas, Mr Fernandes said the market was already “saturated”, but that there was definitely scope to grow into the market given there are “lots of places we want to fly to in Australia.”
In addition to Qantas posting a $252 million loss for the six months to December 31 last year, investors have been left disappointed at the lack of details on a structural review, and a possible sale of a minority stake of the lucrative frequent flyer program - estimated to be worth $2.5 billion.
“Qantas will have to know that the good old days have gone I suppose and they have to cut their cloth accordingly and look at their whole business.
Qantas executives and shareholders are now waiting to see whether the government will deliver on a proposal to remove all foreign ownership restrictions under the Qantas Sale Act, potentiallyallow the airline’s domestic arm to be majority foreign-owned while keeping the international arm Australian owned.
“It is bizarre to me how national airlines have so much power with governments. Banks are foreign owned, telephone companies are foreign owned, airports are foreign owned, like Macquarieowns lots of airports around the whole. Heathrow is owned by a Spaniard.
Qantas is majority controlled by large institutional investors and about 40 per cent of Qantas shares are held by offshore investors.
This is below the 49 per cent limit on foreign ownership that the government is now seeking to lift by changing the Qantas Sale Act.
“I think times have changed and the Qantas Sale Act is out of date. Why does Qantas have to be Australian owned?
“I don’t think foreign ownership … makes a big difference. And you have got to question if Jetstar makes sense, should it be a separate company,” said Mr Fernandes.
In addition to its frequent flyer program, budget carrier Jetstar’s Australian operations have been one of the few money spinners for Qantas.
Air Asia is one of Jetstar’s rivals in Australia. Mr Fernandes said he intends to continue expanding in the Australian market but he would not be drawn on whether that involved Qantas.
“I have always said that Qantas has to put its capital across many businesses. Air Asia puts it all into a short haul business, it is nice a simple. But Qantas has maintenance, long haul, short haul, turbo prop and a low cost carrier.
Qantas is spreading itself too thin.
“We have a big presence in Australia, which is growing.
“Adelaide was a recent addition and we will continue to add flights and grow in that market.
However he added that India and Japan remained the key focus for the time being because this is where more money could be made given the bigger markets.
Read more: Qantas chief Alan Joyce playing a 'dangerous' game: Air Asia CEO
So AJ now has someone else to blame,
Read more: Changes to Qantas sale act stalled in Senate and could be delayed for months
what I don't understand is why any of them in Canberra think that they need to be bought off and that includes the senators and the members, for what? Chairman's Club membership?
As long as the airline exists, they will have membership regardless of who the Chair or CEO is or what the club is called for that matter.
Read more: Changes to Qantas sale act stalled in Senate and could be delayed for months
Hoodwinked? or bought off?
As long as the airline exists, they will have membership regardless of who the Chair or CEO is or what the club is called for that matter.
Well bugger me with a fish fork!
BGA's Big Asian Adventure is being opposed by Cathay!!!!
If I was a betting man (and I'm not - luckily
) I would wager BGA's iron will and negotiating brilliance will force the Chinese Govt., Cathay, Dragon, China S (apologies for missing a few dozen other airlines) Special Protectorate Region 8 Administrators and the people of HKG into allowing Jetstar HKG to start next week! It just unquestionably in their interests to set up another airline in HKG and also help dear Elaine out of a pickle with his storage and leasing bills.
Any takers??
BGA's Big Asian Adventure is being opposed by Cathay!!!!
Cathay Pacific digs in against Jetstar Hong Kong
Date
March 26, 2014 - 2:37PM
Matt O'Sullivan
Business Reporter
Cathay Pacific has signalled it will vigorously oppose Jetstar Hong Kong's bid to launch services even if the budget airline gained another local investor because it believes management control would still rest in the hands of Qantas.
Jetstar Hong Kong has been forced to park nine new A320 aircraft in France indefinitely while it waits to hear whether Hong Kong authorities will grant it the right to base its flying business in the Asian financial hub.
Industry insiders believe Jetstar Hong Kong may need to find another local investor to boost its credentials as a Hong Kong airline. However, it is an option Qantas chief executive Alan Joyce has previously said was not under consideration.
Jetstar Hong Kong's ownership is split three ways between Qantas, Shangahi-based China Eastern and a Hong Kong company controlled by the family of Macau gaming tycoon Stanley Ho.
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Cathay chief operating officer Rupert Hogg said he believed Jetstar Hong Kong would still not meet the requirements of the city's constitutional law even if the combined stake of local investors in the budget airline surpassed 51 per cent.
''Shareholding is not the issue. It is that your headquarters are here and the decisions are made here,'' he said in Hong Kong. ''The shareholding is inconsequential to the criteria of principle place of business. All legal advice we have had is that ... Jetstar would not qualify.''
In filings to local regulators, Qantas' oneworld partner has claimed the establishment of the budget airline is an attempt by a foreign airline to gain access to Hong Kong's valuable pool of traffic rights ''without a fair exchange of value to Hong Kong''.
Mr Hogg, who recently took over from Ivan Chu as Cathay's chief operating officer, agreed Jetstar faced high hurdles to establishing flying operations in Hong Kong. ''Our view ... is that they don't qualify and it's not a precedent that should be set. Our concern is that the rules just have to be really clear – these are effectively Hong Kong's assets.''
However, Mr Joyce has insisted that Jetstar Hong Kong will be ''more Hong Kong'' than the city's established airlines Cathay and Chinese-backed Hong Kong Airlines because its directors, management and a greater percentage of its shareholding have been drawn from the local community.
Qantas had originally planned for Jetstar to launch services in Hong Kong in the middle of last year but gaining regulatory approval has proved much harder than envisaged.
Hong Kong's flag carrier will have 74 flights a week to Australia by the end of this month, which puts it at the upper limit of the number it can operate under an air-rights' agreement. It will need the Australian government to agree to lift the cap if it wants to increase frequencies further.
Mr Hogg said Australia was a long-term strategic market for Cathay and ''we always, I think, want to increase frequency''. But he indicated there was little likelihood of another increase in flights for some time.
Cathay has made clear it has no intention of setting up its own low-cost airline.
The reporter travelled to Hong Kong courtesy of Cathay Pacific.
Read more: Cathay Pacific digs in against Jetstar Hong Kong
Date
March 26, 2014 - 2:37PM
Matt O'Sullivan
Business Reporter
Cathay Pacific has signalled it will vigorously oppose Jetstar Hong Kong's bid to launch services even if the budget airline gained another local investor because it believes management control would still rest in the hands of Qantas.
Jetstar Hong Kong has been forced to park nine new A320 aircraft in France indefinitely while it waits to hear whether Hong Kong authorities will grant it the right to base its flying business in the Asian financial hub.
Industry insiders believe Jetstar Hong Kong may need to find another local investor to boost its credentials as a Hong Kong airline. However, it is an option Qantas chief executive Alan Joyce has previously said was not under consideration.
Jetstar Hong Kong's ownership is split three ways between Qantas, Shangahi-based China Eastern and a Hong Kong company controlled by the family of Macau gaming tycoon Stanley Ho.
Advertisement
Cathay chief operating officer Rupert Hogg said he believed Jetstar Hong Kong would still not meet the requirements of the city's constitutional law even if the combined stake of local investors in the budget airline surpassed 51 per cent.
''Shareholding is not the issue. It is that your headquarters are here and the decisions are made here,'' he said in Hong Kong. ''The shareholding is inconsequential to the criteria of principle place of business. All legal advice we have had is that ... Jetstar would not qualify.''
In filings to local regulators, Qantas' oneworld partner has claimed the establishment of the budget airline is an attempt by a foreign airline to gain access to Hong Kong's valuable pool of traffic rights ''without a fair exchange of value to Hong Kong''.
Mr Hogg, who recently took over from Ivan Chu as Cathay's chief operating officer, agreed Jetstar faced high hurdles to establishing flying operations in Hong Kong. ''Our view ... is that they don't qualify and it's not a precedent that should be set. Our concern is that the rules just have to be really clear – these are effectively Hong Kong's assets.''
However, Mr Joyce has insisted that Jetstar Hong Kong will be ''more Hong Kong'' than the city's established airlines Cathay and Chinese-backed Hong Kong Airlines because its directors, management and a greater percentage of its shareholding have been drawn from the local community.
Qantas had originally planned for Jetstar to launch services in Hong Kong in the middle of last year but gaining regulatory approval has proved much harder than envisaged.
Hong Kong's flag carrier will have 74 flights a week to Australia by the end of this month, which puts it at the upper limit of the number it can operate under an air-rights' agreement. It will need the Australian government to agree to lift the cap if it wants to increase frequencies further.
Mr Hogg said Australia was a long-term strategic market for Cathay and ''we always, I think, want to increase frequency''. But he indicated there was little likelihood of another increase in flights for some time.
Cathay has made clear it has no intention of setting up its own low-cost airline.
The reporter travelled to Hong Kong courtesy of Cathay Pacific.
Read more: Cathay Pacific digs in against Jetstar Hong Kong
If I was a betting man (and I'm not - luckily
) I would wager BGA's iron will and negotiating brilliance will force the Chinese Govt., Cathay, Dragon, China S (apologies for missing a few dozen other airlines) Special Protectorate Region 8 Administrators and the people of HKG into allowing Jetstar HKG to start next week! It just unquestionably in their interests to set up another airline in HKG and also help dear Elaine out of a pickle with his storage and leasing bills.Any takers??
Your a funny man V-Jet.
I bet you a billion Bitcoins (which I don't own any of) that your wrong.
BGA's HK Jet Star venture will soon be worth less than a QF share in the HK sun.
I bet you a billion Bitcoins (which I don't own any of) that your wrong.
BGA's HK Jet Star venture will soon be worth less than a QF share in the HK sun.
Nunc est bibendum
If anyone had corporate memory in Qantas we'd reinstate SIN- HKG- BKK just to stick it up Cathay. Always a HUGE money spinner for Qantas when we used to do it. We pulled out of it when Oneworld started.
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Sydney 4:15pm
26th March 2014
Airline boss Elaine Joist has grounded the entire Jetstart Hong Kong fleet in response to delaying actions by Hong Kong Regulators.
The airline is fighting with its code share partner Cathy Pacific, Hong Kong Regulators and any other entity willing to join the conga line of disgruntled stakeholders.
In a shock move, Airline boss Elaine Joist announced today the Jetstart Hong Kong fleet will be grounded indefinitely.
However current Jetstart Hong Kong employees will continued to be paid as usual. So to, parking fees and associated costs with the airlines Airbus fleet.
The permanent grounding adds to ongoing costs the Jetstart Hong Kong venture has endured. Rumoured to be $4 million dollars a month alone for the 9 Airbus A320's parked in France.
Asked about these costs. Joist replied "that's a matter for our group CFO & Group Treasury.
Speaking at his Sydney office Joist stated "We are grounding the Jetstart Hong Kong venture until Cathy Pacific withdraw their extreme claims that the airline will be controlled from Australia"
Asked why the decision was made in Australia Joist replied "that's an issue you should ask the management team in Hong Kong".
The action should stand as a warning to other countries regulators that Joist is prepared to have aircraft idle anywhere he pleases.
"I will ground the fleet until Hong Kong regulators meet my demands" says Joist.
"It's an unbelievable decision, it's a very hard decision ... we have no alternative. This is the fastest way to ensure the airline gets in the air."
Mr Joist said his hand had been tipped by the impossible demands of regulators and those opposing real competition.
"They are trashing our strategy and our brand," he said.
"They are deliberately destabilising the company and there is no end in sight."
Asked when he made the decision to indefinitely ground the Hong Kong Fleet Joist replied "I unattended a meeting with regulators in Hong Kong and noticed one gentlemen was wearing a red tie. I slept on it and decided the next day that I had no other options"
The move comes as a result of a long-running regulatory impasse in Hong Kong.
"We didn't see the same delays with our sham arrangements in Singapore" said Joist.
Mr Joist said if the action continued, he would have no choice but to shut down its Australian legacy business "part by part".
Asked why Jetstart Hong Kong delays would impact Australian Mainline operations Joist barked "Get with the program, where you been hiding the last ten years"
Other Jetstart franchises will not be grounded.
Elaine Joist has slammed the TWU, ALAEA and AIPA saying their behaviour is "reckless, unwarranted and disgraceful".
Asked how these unions were involved in the Hong Kong regulatory process. Joist responded its part of their plan to "slow bake the airline, we're passionate about safety and safety is our number one priority"
The aircraft engineers union says it is not surprised Joist would take such extreme action.
"I think this is an extreme measure for the CEO and airline to take given we've not spoken in 6 months and have no open EBA negotiations.
Mr Joist said he was sorry for the course of action & it had become necessary but the ball was now in the regulators court.
"They must decide just how badly they want to hurt Jetstart Hong Kong and the travelling public," he said.
The airline said at 4pm (AEDT) today there are 9 aircraft grounded and further undisclosed aircraft deliveries soon.
The airline said the impact to customers are minimal as they have yet to sell any tickets.
26th March 2014
Airline boss Elaine Joist has grounded the entire Jetstart Hong Kong fleet in response to delaying actions by Hong Kong Regulators.
The airline is fighting with its code share partner Cathy Pacific, Hong Kong Regulators and any other entity willing to join the conga line of disgruntled stakeholders.
In a shock move, Airline boss Elaine Joist announced today the Jetstart Hong Kong fleet will be grounded indefinitely.
However current Jetstart Hong Kong employees will continued to be paid as usual. So to, parking fees and associated costs with the airlines Airbus fleet.
The permanent grounding adds to ongoing costs the Jetstart Hong Kong venture has endured. Rumoured to be $4 million dollars a month alone for the 9 Airbus A320's parked in France.
Asked about these costs. Joist replied "that's a matter for our group CFO & Group Treasury.
Speaking at his Sydney office Joist stated "We are grounding the Jetstart Hong Kong venture until Cathy Pacific withdraw their extreme claims that the airline will be controlled from Australia"
Asked why the decision was made in Australia Joist replied "that's an issue you should ask the management team in Hong Kong".
The action should stand as a warning to other countries regulators that Joist is prepared to have aircraft idle anywhere he pleases.
"I will ground the fleet until Hong Kong regulators meet my demands" says Joist.
"It's an unbelievable decision, it's a very hard decision ... we have no alternative. This is the fastest way to ensure the airline gets in the air."
Mr Joist said his hand had been tipped by the impossible demands of regulators and those opposing real competition.
"They are trashing our strategy and our brand," he said.
"They are deliberately destabilising the company and there is no end in sight."
Asked when he made the decision to indefinitely ground the Hong Kong Fleet Joist replied "I unattended a meeting with regulators in Hong Kong and noticed one gentlemen was wearing a red tie. I slept on it and decided the next day that I had no other options"
The move comes as a result of a long-running regulatory impasse in Hong Kong.
"We didn't see the same delays with our sham arrangements in Singapore" said Joist.
Mr Joist said if the action continued, he would have no choice but to shut down its Australian legacy business "part by part".
Asked why Jetstart Hong Kong delays would impact Australian Mainline operations Joist barked "Get with the program, where you been hiding the last ten years"
Other Jetstart franchises will not be grounded.
Elaine Joist has slammed the TWU, ALAEA and AIPA saying their behaviour is "reckless, unwarranted and disgraceful".
Asked how these unions were involved in the Hong Kong regulatory process. Joist responded its part of their plan to "slow bake the airline, we're passionate about safety and safety is our number one priority"
The aircraft engineers union says it is not surprised Joist would take such extreme action.
"I think this is an extreme measure for the CEO and airline to take given we've not spoken in 6 months and have no open EBA negotiations.
Mr Joist said he was sorry for the course of action & it had become necessary but the ball was now in the regulators court.
"They must decide just how badly they want to hurt Jetstart Hong Kong and the travelling public," he said.
The airline said at 4pm (AEDT) today there are 9 aircraft grounded and further undisclosed aircraft deliveries soon.
The airline said the impact to customers are minimal as they have yet to sell any tickets.
BRILLIANT!!!!!!!!
Now... See if you can get the AFR or Oz to print it and prepare your Walkley acceptance speech!!
Now... See if you can get the AFR or Oz to print it and prepare your Walkley acceptance speech!!
Keg
Now there's a plan I think Elaine could go for it if form is any guide.
Perhaps he could wet-lease "Connie" for the operation.
CX only has 11 a day to BKK and 9 a day to SIN so QF coming onto the route would really get CX management in a lather. They would probably raise the white flag immediately and withdraw all objections to JQHK.
Now there's a plan
I think Elaine could go for it if form is any guide.Perhaps he could wet-lease "Connie" for the operation.
CX only has 11 a day to BKK and 9 a day to SIN so QF coming onto the route would really get CX management in a lather. They would probably raise the white flag immediately and withdraw all objections to JQHK.
short flights long nights
Is anyone else starting to think like me that Alan pulled the 5000 job number out of his a
e? He seems to be unable to tell people if they are staying or going, even which departments may be affected.
I'm starting to think he thought up a number that he thought would bluff the government into giving him anything he wanted. That plan unfortunately for him, did not work.
I could be way off the mark here, but it's just a feeling I have.
e? He seems to be unable to tell people if they are staying or going, even which departments may be affected.I'm starting to think he thought up a number that he thought would bluff the government into giving him anything he wanted. That plan unfortunately for him, did not work.
I could be way off the mark here, but it's just a feeling I have.
SOPS: that is exactly what he did. I'm beyond convinced. A number was 'leaked' until it was big enough to seem like the idiot/cretin/'man' who should be dead would get yet another bonus guaranteed by the taxpayer.
The problem now is, the little twerp didn't have a plan if the govt didn't play ball. Tony Abbott stared him down and now he is f$$&&@ed. Which means of course that we are f$$$&&ed, because f$$$$ed for BGA means a -slightly- smaller Monaco apartment when he tearfully leaves this once great company.
And just to show I am not wishing ill-will to all management (and in respect of photo above) let's all think about the the happy couple and their upcoming wedding.
Can't wait to read about it and see the pics in Pravda/QF News! Lucky photog!! Maybe they will shut down the Domestic apron again for a hangar 96 shindig??
The problem now is, the little twerp didn't have a plan if the govt didn't play ball. Tony Abbott stared him down and now he is f$$&&@ed. Which means of course that we are f$$$&&ed, because f$$$$ed for BGA means a -slightly- smaller Monaco apartment when he tearfully leaves this once great company.
And just to show I am not wishing ill-will to all management (and in respect of photo above) let's all think about the the happy couple and their upcoming wedding.
Can't wait to read about it and see the pics in Pravda/QF News! Lucky photog!! Maybe they will shut down the Domestic apron again for a hangar 96 shindig??
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Board vacancy
When the Monk appointed the ADF's Steven Bradbury as the next GG , was Howes given enough warning to make his (in)famous National Press Club speech and shed the trappings of union power to talk Clifford into giving him the gig? 
, was Howes given enough warning to make his (in)famous National Press Club speech and shed the trappings of union power to talk Clifford into giving him the gig?
I was expecting something horrific. Not that. It's preposterous enough to make sense...
The last ten years have been almost as if every employee at QF walked under a ladder and saw a black cat in front of them all at the same time.
Larry Pickering's take:
The last ten years have been almost as if every employee at QF walked under a ladder and saw a black cat in front of them all at the same time.
Larry Pickering's take:
PIGGY PONDERS HIS POLITICAL PROSPECTS
The man who handed us Julia Gillard has lately been trying to distance himself from union corruption. Recently he has been talking some unusual common sense that runs foul of his Trotsky ideals and gives Bill Shorten a solid back hander.
He opted out of the QANTAS furore where he could easily have caused CEO Joyce some serious pain. Has Paul had an epiphany on the road to Damascus? Is he over the corrupt union movement?
Has he had it with the faceless men and his crooked AWU warlords, Ludwig and Shorten?
Maybe the Royal Commission into union corruption is causing him nightmares? No, Piggy wasn’t as involved as others were, and still are, but he was required to defend the endemic corruption, as is Bill Shorten. It goes with the job.
The real cause of Piggy’s epiphany is his new, not-so-secret love, QANTAS Marketing Director, Olivia Wirth.
To put it bluntly, Piggy has done his knackers over Olivia. He’s head over heels in love with a mature woman of much higher status and one he thought he would never have a chance with.
Piggy has been a changed man since he turned up at the Melbourne Spring racing carnival hand in hand with Olivia and ready to mix it with the moneyed toffs.
All previous interviews expressing his devotion to his wife and family were lost in the arms and thighs of Olivia.
His coming interviews will now reflect Julia's thoughts that Labor has lost its way.
Make no mistake, Piggy is now prepared to, and will, burn his former boss, Bill Shorten
Subsequent pillow talk has convinced Piggy of Labor’s fatal flaws and he now intends entering Parliament as a cleanskin, without the stench that stalks his former boss, Bill Shorten.
Alan Joyce said of the relationship: "People have private lives and they are entitled to whatever relations they want to have and I think organisations and unions are sophisticated enough beasts to manage the process to avoid conflict." Hmmm, perhaps Alan was also referring to his own relationship of a different kind.
Nonetheless, the attractive Olivia has opted for lying awake, counting boogas in Piggy’s ample nasal cavities.
Ain’t love grand? Oh well, it sure is blind.
The man who handed us Julia Gillard has lately been trying to distance himself from union corruption. Recently he has been talking some unusual common sense that runs foul of his Trotsky ideals and gives Bill Shorten a solid back hander.
He opted out of the QANTAS furore where he could easily have caused CEO Joyce some serious pain. Has Paul had an epiphany on the road to Damascus? Is he over the corrupt union movement?
Has he had it with the faceless men and his crooked AWU warlords, Ludwig and Shorten?
Maybe the Royal Commission into union corruption is causing him nightmares? No, Piggy wasn’t as involved as others were, and still are, but he was required to defend the endemic corruption, as is Bill Shorten. It goes with the job.
The real cause of Piggy’s epiphany is his new, not-so-secret love, QANTAS Marketing Director, Olivia Wirth.
To put it bluntly, Piggy has done his knackers over Olivia. He’s head over heels in love with a mature woman of much higher status and one he thought he would never have a chance with.
Piggy has been a changed man since he turned up at the Melbourne Spring racing carnival hand in hand with Olivia and ready to mix it with the moneyed toffs.
All previous interviews expressing his devotion to his wife and family were lost in the arms and thighs of Olivia.
His coming interviews will now reflect Julia's thoughts that Labor has lost its way.
Make no mistake, Piggy is now prepared to, and will, burn his former boss, Bill Shorten
Subsequent pillow talk has convinced Piggy of Labor’s fatal flaws and he now intends entering Parliament as a cleanskin, without the stench that stalks his former boss, Bill Shorten.
Alan Joyce said of the relationship: "People have private lives and they are entitled to whatever relations they want to have and I think organisations and unions are sophisticated enough beasts to manage the process to avoid conflict." Hmmm, perhaps Alan was also referring to his own relationship of a different kind.
Nonetheless, the attractive Olivia has opted for lying awake, counting boogas in Piggy’s ample nasal cavities.
Ain’t love grand? Oh well, it sure is blind.
Last edited by V-Jet; 26th Mar 2014 at 11:49. Reason: Added article (quote).
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"Airline boss Elaine Joist has grounded the entire Jetstart Hong Kong fleet in response to delaying actions by Hong Kong Regulators."
Excuse my ignorance but where does Jetstar HK actually fly to? I though the regulators hadn't approved its operations yet, therefore how can you "ground" an airline that doesn't go anywhere?
Or is this satire and I've had too much red?
Excuse my ignorance but where does Jetstar HK actually fly to? I though the regulators hadn't approved its operations yet, therefore how can you "ground" an airline that doesn't go anywhere?
Or is this satire and I've had too much red?