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Joyce ‘retires’ early 👍

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Joyce ‘retires’ early 👍

Old 27th Sep 2023, 08:19
  #401 (permalink)  
 
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Originally Posted by dragon man
Finch just said the average short haul CC wage with allowances was over $100,000 a year. I say bull****. What say anyone else.
For those remaining on the existing legacy Agreement employed by the company directly - yes
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Old 27th Sep 2023, 08:19
  #402 (permalink)  
 
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Originally Posted by The The
Finch has copped some crackers from the Committee with his smug attitude, he deserves it oh so much.
He sure does, what about the look on his face when he was told it wasnt him who asks the questions.
In other words, shut up & speak when i ask you to speak.
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Old 27th Sep 2023, 08:21
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Originally Posted by The The
Finch has copped some crackers from the Committee with his smug attitude, he deserves it oh so much.
A must watch for all is the bit around ‘releasing the QR’ submission to the committee in private. Absolute gold moment.
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Old 27th Sep 2023, 08:23
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Originally Posted by dr dre
For those remaining on the existing legacy Agreement employed by the company directly - yes

Agree, so he would know that plus it would include CSMs so he mislead them.
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Old 27th Sep 2023, 08:43
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ha ha ha...from The Age

‘The last flight to Sydney leaves in half an hour’: Qantas pleads after hours of questions

ByAmelia McGuire
Qantas has pleaded with the Senate to end the hearing after well over three hours of intense and at times hostile questioning.

“The last flight to Sydney is due to leave in half an hour,” Qantas’ legal council Andrew Finch said.

Committee chair Bridget McKenzie declined the request, and said the Senate still has questions, unconcerned this would ground the executives in Canberra for the night.

Qantas began giving evidence shortly after 3pm.

After another 15 minutes McKenzie called it a wrap, after 3 hours and 40 minutes of questioning.

“Fly well,” she told the Qantas leaders.

“We hope it leaves on time,” she quipped.


Last edited by joe_bloggs; 27th Sep 2023 at 10:47. Reason: added remaining text
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Old 27th Sep 2023, 08:48
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That pretty much sums up the contempt they have for the due process and denial in the seriousness as to why they are appearing at the enquiry
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Old 27th Sep 2023, 14:15
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Originally Posted by dragon man
Finch just said the average short haul CC wage with allowances was over $100,000 a year. I say bull****. What say anyone else.
how many Altara are on $100k pa…… None
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Old 28th Sep 2023, 00:09
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Qantas shareholders demand chairman Richard Goyder's resignation as investors place rest of board on notice

Yea, the same shareholders who demanded nothing while the money was rolling in, and would be demanding nothing if the money was still rolling in.
Grandstanders all.
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Old 28th Sep 2023, 00:18
  #409 (permalink)  
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That Senate hearing with Qantas was the longest episode of Utopia I’ve seen.
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Old 28th Sep 2023, 00:23
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Originally Posted by Potsie Weber
That Senate hearing with Qantas was the longest episode of Utopia I’ve seen.
You are not wrong! Thought it was a defo comedy skit at some points.

How any of the the 3 stooges can remain is beyond me.

Will be interesting watching what happens next.
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Old 28th Sep 2023, 00:37
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Originally Posted by Traffic_Is_Er_Was
Yea, the same shareholders who demanded nothing while the money was rolling in, and would be demanding nothing if the money was still rolling in.
Grandstanders all.
All huff and puff (aka p!~~ and wind) from the ASA, doubtlessly thinking that, hey, there's a bandwagon, let's get on it.

Goyder knows that he only needs three of the institutional investors - HSBC, JP Morgan, and Citicorp - onside to keep his job. Add two more of the institutionals - BNP Paribas, and NAB - and he can stave off a remuneration report strike.

Coincidentally or otherwise, all five of those institutions just happen to be the top five investors in ... wait for it ... Woodside. Goyder would have all of those proxies in his back pocket. He may be unlikable, but he's not stupid.

Last edited by MickG0105; 29th Sep 2023 at 09:13. Reason: Typo
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Old 28th Sep 2023, 00:50
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As a Melbourne based shareholder, I think I may go to the AGM this year. Usually, it is a fairly dry affair but this year threatens to be interesting. I imagine the unions or a Stephen Mayne type will undoubtedly get up and ask Goyder why the AJ share sale was approved and why the ACCC investigation, which was already on-foot at the time, was not publicly disclosed at the same time. That question alone threatens to bring him down.
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Old 28th Sep 2023, 01:52
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Originally Posted by 1A_Please
... why the ACCC investigation, which was already on-foot at the time, was not publicly disclosed at the same time. ...
I am pretty sure that there is a provision in the Competition and Consumer Act that prevents companies from disclosing ACCC inquiries publicly until the regulator proceeds to prosecution.

Originally Posted by 1A_Please
... That question alone threatens to bring him down.
By what mechanism do you think that might occur?
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Old 28th Sep 2023, 02:15
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This is a test for the Board. Withhold Joyce's at risk bonus components until he fronts and satisfactorily explains.
Surely putting the company reputation at risk is sufficient reason.
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Old 28th Sep 2023, 02:26
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No, it’s a test for the shareholders.

We already know the Board’s position and decision.
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Old 28th Sep 2023, 03:22
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Originally Posted by MickG0105
I am pretty sure that there is a provision in the Competition and Consumer Act that prevents companies from disclosing ACCC inquiries publicly until the regulator proceeds to prosecution.


By what mechanism do you think that might occur?
There are equally provisions in the continuous disclosure regulations for ASX which say this should have been disclosed.
I would say he would be brought down due to his position being untenable though, in many respects, it already is.
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Old 28th Sep 2023, 03:22
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ha ha ha...from The Age

‘The last flight to Sydney leaves in half an hour’: Qantas pleads after hours of questions

ByAmelia McGuire
Qantas has pleaded with the Senate to end the hearing after well over three hours of intense and at times hostile questioning.

“The last flight to Sydney is due to leave in half an hour,” Qantas’ legal council Andrew Finch said.

Committee chair Bridget McKenzie declined the request, and said the Senate still has questions, unconcerned this would ground the executives in Canberra for the night.

Qantas began giving evidence shortly after 3pm.

After another 15 minutes McKenzie called it a wrap, after 3 hours and 40 minutes of questioning.

“Fly well,” she told the Qantas leaders.

“We hope it leaves on time,” she quipped.
They forgot the best part at the end, something about your bags arriving at your destination or words to that effect.

Brilliant! ​​​​​​​
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Old 28th Sep 2023, 04:06
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I’m no fan on the QF Exec “Leadership “. The quip by the Senator for rorts IMO was churlish in the extreme.
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Old 28th Sep 2023, 04:54
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And, according to the currently-published register of interests, she’s still a member of the Chairman’s Lounge.
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Old 28th Sep 2023, 05:14
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Originally Posted by CaptCloudbuster
I’m no fan on the QF Exec “Leadership “. The quip by the Senator for rorts IMO was churlish in the extreme.
Newton's 3rd law: for every action, there is an opposite and equal reaction.
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