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Pied Piper 
Joined: 20 May 2003
Location: Pig City
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| luvdids wrote: | | Nick - Pie Man wrote: | | Pied Piper wrote: | | whatever Joyce's personal roots, I don't see how anyone can accept a 71 percent pay rise to $5 million |
I don't know what world you're living in but here in the real world there's no such thing as a person who wouldn't accept such a pay rise. |
Yeah, I'd accept it. Anyone who says they wouldn't is full of it. |
Please do me the courtesy of quoting me in context, NPM (and actually read what I wrote, luvdids) before accusing me of being full of anything. Thanking you. 
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"The greatest thing that could happen to the nation is when we get rid of all the media. Then we could live in peace and tranquillity, and no one would know anything." - Sir Joh Bjelke-Petersen |
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watt price tully 
Joined: 15 May 2007
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| sq3 wrote: | WPT - always entitled to your opinion mate - but he really made a huge 'balls up' of the schnapper amnesty and I don't think he will set foot on Qld soil for along while.
Don't forget Hitler was also a very intelligent man. :) |
With due all respect Sq3, that was a dumb analogy.
Brown is a Nazi & mass murderer?
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“I even went as far as becoming a Southern Baptist until I realised they didn’t keep ‘em under long enough” Kinky Friedman |
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MJ23
Joined: 28 Feb 2011
Location: Sydney
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| watt price tully wrote: | ^^
He's more intelligent than dead snapper & that 'ipso facto' makes him more intelligent than most pollies.
1 out of a 100 is a pretty good score card IMO!
(His sources might have been a bit fishy - he's usually quite well schooled - on the day I saw him he filleted Joyce on TV - didn't quite have him hook, line & sinker though but saw through Joyces' lure).
Regardless of his politics he is a very articulate & intelligent man. |
_________________
"Even when Im old and gray, I wont be able to play but Ill still love the game"
Michael Jordan |
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MJ23
Joined: 28 Feb 2011
Location: Sydney
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| Pied Piper wrote: | | Pied Piper wrote: | Paul Barry is one of the best and most experienced journalists in Australia and his quick guide to what's actually going down here strips away a lot of the bullshit and puts the dispute in plain terms.
| Paul Barry wrote: | The Qantas drama involves many of the key people we're following on The Power Index. But what's this dispute actually about, and what are the stakes for those involved?
What's it about?
There are three different unions in dispute with Qantas, representing pilots, engineers and ground staff. Essentially, all are fighting the same battle, which is to hang on to their Qantas conditions of service and well-paid Qantas jobs as management tries to cut costs.
What does Qantas management want?
Qantas management wants to slash labour costs, particularly on international routes, where the airline is supposedly losing $200 million a year. It wants to do this in a number of ways. First is to set up a new offshore hubpossibly with a new premium airlinewhere pay rates would be lower, shifts longer and conditions more "flexible". Qantas has done this already to a degree by employing pilots for its trans-Tasman route in New Zealand and paying them one third less than in Australia. It has also done this with Jetstar flight attendants based in Thailand who face 20-hour shifts, and whose conditions have been criticised as "slave labour".
Qantas also cuts costs by running code-share flights with Jetstar, and paying pilots at Jetstar rates. By increasing the use of code-share arrangements, domestically and internationally, it can extend lower pay rates to an increasing share of its business. But it doesn't necessarily cut fares.
In Australia, Qantas wants the right to employ contract labour ground staff to meet demand peaks. The TWU appears to have accepted this, but is demanding that the contract hire companies are unionised.
It's about the right to manage
The Qantas board (and the Institute of Public Affairs) say the dispute is about management's right to manage. And our friends at Business Spectator agree. But Qantas managers want to cut pay rates, change work practices, take jobs offshore and increase profits by lowering labour costs. In those circumstances, it's surely legitimate for the unions want a say, because it's about the conditions under which they work.
It's all about union power
Some say it's all about union power. And for Tony Sheldon and the TWU it may well be. But unlike the famous fights in the mining industry, where employees had plenty to gain from higher pay rates, employees in Qantas will lose from the changes that management want to make.
It's the only way Qantas can stay in business
Qantas claims its international operations are losing $200 million a year. Clearly, that can't continue. But not all the changes it's afterparticularly those involving the TWUare confined to international operations. Introducing contract labour to handling of domestic planes has nothing to do with the viability of the airline.
Which side will Fair Work Australia support?
If the disputes remain unsolved after 21 days, Fair Work Australia has the power to impose a settlement. But don't assume it will split the difference between the sides. While the Australian Industry Group is complaining that FWA is entenching union power, Qantas would take heart from a decision in September where FWA refused to apply Qantas conditions to pilots employed at lower rates by the airline's New Zealand subsidiary. It may well take that view again.
How about sharing the pain?
The Qantas dispute is part of an age-old battle between labour and capital. And there's no doubt who is winning. Take a look at these charts from Business Insider, which show CEO pay in the USA is now 350 times average earnings, while corporate profits and unemployment are at record highs and the share of wages in the economy is at record lows. It's not just Alan Joyce that's getting a 71% pay rise for making his workforce take less.
How about sharing the gain?
We all know Qantas passengers have been victims of this dispute. But that's not the only way they're losing out. Qantas made an underlying profit of $500 million last year, which translates to $700 million on its domestic operations. So why aren't passengers getting some of that in lower fares? And will Qantas pass on any future cost savingsat employees' expenseto the public? Or will it just hand it to its shareholders and management? |
http://www.thepowerindex.com.au/guidebook/paul-barry-s-guide-to-the-qantas-dispute/20111031632
Interesting article, as you would say Stui. |
I'm quoting myself for you to consider some other perspectives, MJ23 - though I suspect you are too blinkered to bother.
Stui, I'm afraid it'll be a cold day in hell before I give weight to a puff-profile in the Hun. I guess we have a clash of values here, because whatever Joyce's personal roots, I don't see how anyone can accept a 71 percent pay rise to $5 million, for crying out loud, while at the same time promising that 1000 jobs will have to be shed and vowingthat the airline industry must outsource its operations in order to survive. That's morally wrong in my opinion. |
pot.........kettle.........
_________________
"Even when Im old and gray, I wont be able to play but Ill still love the game"
Michael Jordan |
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sq3
Joined: 30 Mar 2004
Location: Gold Coast/Tampa
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| watt price tully wrote: | | sq3 wrote: | WPT - always entitled to your opinion mate - but he really made a huge 'balls up' of the schnapper amnesty and I don't think he will set foot on Qld soil for along while.
Don't forget Hitler was also a very intelligent man. |
With due all respect Sq3, that was a dumb analogy.
Brown is a Nazi & mass murderer? |
I suppose I could have picked a better analogy - but it was just meant to show that not all thought to be intelligent men are good.
When I see Brown talk on the TV my thoughts probably resemble that of a bull that has just seen the red rag.
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Coaches give you direction but skills win you matches. |
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David 
I dare you to try
Joined: 27 Jul 2003
Location: Andromeda
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Actually, bulls are colour blind.
People who hate Bob Brown are just... 
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All watched over by machines of loving grace |
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sq3
Joined: 30 Mar 2004
Location: Gold Coast/Tampa
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People who hate Bob Brown are just... smarter than Bob Brown - just joking David 
But his schnapper fiasco - and then the back flip - have made Bob Brown and the Greens lots of enemies in Qld - as especially the Gold and Tweed Coasts.
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Coaches give you direction but skills win you matches. |
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Nick - Pie Man
Joined: 04 Aug 2010
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| Pied Piper wrote: | | luvdids wrote: | | Nick - Pie Man wrote: | | Pied Piper wrote: | | whatever Joyce's personal roots, I don't see how anyone can accept a 71 percent pay rise to $5 million |
I don't know what world you're living in but here in the real world there's no such thing as a person who wouldn't accept such a pay rise. |
Yeah, I'd accept it. Anyone who says they wouldn't is full of it. |
Please do me the courtesy of quoting me in context, NPM (and actually read what I wrote, luvdids) before accusing me of being full of anything. Thanking you. |
Reality doesn't wait for contexts. And reread my post, I wasn't 'accusing' you of anything, except having too much time on your hands (and that was so implicit I didn't see it myself until just now) |
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HAL
Please don't shout at me - I can't help it.
Joined: 17 Mar 2003
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| Enough about me, let's talk about the Pies. |
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Skids 
Quitting drinking will be one of the best choices you make in your life.
Joined: 11 Sep 2007
Location: Joined 3/6/02 . Member #175
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Was looking for something else. Found this thread interesting.
7 years later, share price up from 60c to $5.77 & been making Billions of dollars. Never been in a stronger position.
QANTAS GROUP REPORTS RECORD FULL YEAR PROFIT
Underlying Profit Before Tax: $1.6 billion (up 14%)
Statutory Profit Before Tax: $1.4 billion (up 18%)
Statutory Earnings Per Share: 56c (up 21%)
Return On Invested Capital: 22%
Net free cash flow: $1,442 million (up 10%)
Shareholder return of up to $500 million: 10 cents per share ordinary franked dividend, plus an on-market buyback of up to $332 million
Bonus for 27,000 non-executive employees, worth a total of $67 million
Extension of global lounge improvement program –– six additional ports to be upgraded
Commitment to create a second pilot academy facility in regional Australia.
SHAREHOLDER RETURNS
The Qantas Board has announced up to $500 million to be returned to shareholders. This comprises an increased, fully franked dividend of 10 cents per share to be paid on 10 October 2018 with a record date of 6 September 2018, as well as an on market buy-back of up to $332 million.
This will bring the amount of capital returned to Qantas shareholders to $3.1 billion since October 2015 and the total reduction in shares on issue to around 26 per cent.
https://www.qantasnewsroom.com.au/media-releases/qantas-group-reports-record-full-year-profit/ |
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Skids
Quitting drinking will be one of the best choices you make in your life.
Joined: 11 Sep 2007
Location: Joined 3/6/02 . Member #175
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K
Joined: 09 Sep 2011
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Qantas stares down activists on asylum seeker transportation
https://www.theage.com.au/business/companies/qantas-stares-down-activists-on-asylum-seeker-transportation-20191025-p53457.html
"Almost a quarter of votes cast by shareholders ahead of Qantas annual general meeting on Friday supported a resolution from the Australian Centre for Corporate Responsibility that called on Qantas to review the "reputational, financial and legal" risks involved in the Department of Home Affairs transporting or deporting asylum seekers on its flights.
...
ACCR director of human rights Dhakshayini Sooriyakumaran told Qantas' AGM in Adelaide on Friday that the company faced rising risks of complicity in human rights abuses and international law breaches.
"The government is outsourcing this risk and therefore the consequences of this risk to its service providers," she said." |
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