I've seen one or two people here claim that they have family members who have worked for Aldi and that they pay low wages.

This doesn't jell with what Aldi staff have told me. I have once or twice complimented them on how hard they work and the response has been they don't mind because they get paid better than the other supermarkets.

All of which leads me onto the report I saw yesterday in a UK paper about graduate recruitment and pay levels over there. It had not occurred to me that Aldi would be recruiting graduates straight out of uni, I don't know why it hadn't because they are the 8th biggest retailer in the world and you need educated people to run a business like that.
But the surprise was that, after the big City banks, the highest starting pay for graduates came from . . . . Aldi.
Well it surprised me anyway.

Second infobit. I learned from a gardening magazine recently that the seed business, commercial & domestic, was controlled 77% by Monsanto & one other company. And their seeds are all GM and attenuated not to reproduce, ie you have to keep buying them.

(This is not a sponsored post, but entirely the work of an Aldi groupie)

However, so this magazine informs me, seeds sold by Aldi, which is only a couple of times or so a year, are NOT genetically modified. This is worth looking out for.

bogarde73 wrote on Jan 13^th, 2015 at 10:32am:

I've seen one or two people here claim that they have family members who have worked for Aldi and that they pay low wages. This doesn't jell with what Aldi staff have told me. I have once or twice complimented them on how hard they work and the response has been they don't mind because they get paid better than the other supermarkets.

That seems to be true.

http://www.sda.org.au/images/awards/award99.pdf

http://www.sda.org.au/images/awards/award97.pdf

http://www.sda.org.au/images/awards/award100.pdf

bogarde73 wrote on Jan 13^th, 2015 at 10:32am:

However, so this magazine informs me, seeds sold by Aldi, which is only a couple of times or so a year, are NOT genetically modified. This is worth looking out for.

Thanks for the info bogey. I know you can buy hybrid seeds online, but I didn't know the Aldi packets were hybrid.....for that price WOW!!!


They're called heirloom, they keep reproducing.
This is what happened to my tomatoes:

"If left to themselves, these fleshy fruits would naturally fall to the earth, where some of their seeds would sprout when spring arrives again"


I will try it with the Aldi tomato seeds next time they have them on, yeah if you wait long enough it all comes around again.

I refuse to buy GM seeds to support Monsanto who would like to have total control over a very big part of the world food supply.

Go Aldi!

Here's another infobit I can't resist sharing.
Just now Aldi has this lovely little Riesling - Peter Mertes 2013 Mosel Riesling (German) - for $9.99.

Now I'm no wine snob. I've drunk everything from old glass flagon claret in the late 50s to Grange and I'm none the wiser.
But this is a nice little drop at the price.

bogarde73 wrote on Jan 13^th, 2015 at 1:16pm:

Here's another infobit I can't resist sharing. Just now Aldi has this lovely little Riesling - Peter Mertes 2013 Mosel Riesling (German) - for $9.99. Now I'm no wine snob. I've drunk everything from old glass flagon claret in the late 50s to Grange and I'm none the wiser. But this is a nice little drop at the price.

Hmmm, I didn't realise that they sold liquor too.

And, it's bottled specially for them.

Still waiting for Aldi to hit WA.

bogarde73 wrote on Jan 13^th, 2015 at 1:16pm:

Here's another infobit I can't resist sharing. Just now Aldi has this lovely little Riesling - Peter Mertes 2013 Mosel Riesling (German) - for $9.99. Now I'm no wine snob. I've drunk everything from old glass flagon claret in the late 50s to Grange and I'm none the wiser. But this is a nice little drop at the price.

Our Aldi's don't sell liquor in store. Shame, at that price it makes the perfect gift.

Keep sharing, we love our Aldi  :)

greggerypeccary wrote on Jan 13^th, 2015 at 1:27pm:

bogarde73 wrote on Jan 13th, 2015 at 1:16pm: Here's another infobit I can't resist sharing. Just now Aldi has this lovely little Riesling - Peter Mertes 2013 Mosel Riesling (German) - for $9.99. Now I'm no wine snob. I've drunk everything from old glass flagon claret in the late 50s to Grange and I'm none the wiser. But this is a nice little drop at the price. Hmmm, I didn't realise that they sold liquor too. And, it's bottled specially for them. Still waiting for Aldi to hit WA.

Oh poor you, another year or two to wait.

Apparently Australind will be the first store.


The company said it was actively looking for suitable store sites, but had already committed to a number of WA locations. These include Cannington, Souther River, Halls Head, Kwinana, Rockingham, Australind, South Lake, Joondalup, Camillo, Midland, Mundaring and Ellenbrook. The first stores are expected to open in 2016.

http://www.smh.com.au/business/retail/aldi-unveils-700m-assault-on-western-australia-and-south-australia-20141008-1137fj.html#ixzz3OjvN5l7v

Quote:

And their seeds are all GM and attenuated not to reproduce, ie you have to keep buying them.

Completely untrue.
A myth that's well past its use by date.

Please open more Aldi supermarkets.      [smiley=thumbsup.gif]    

Ex Dame Pansi wrote on Jan 13^th, 2015 at 1:38pm:

greggerypeccary wrote on Jan 13th, 2015 at 1:27pm: bogarde73 wrote on Jan 13th, 2015 at 1:16pm: Here's another infobit I can't resist sharing. Just now Aldi has this lovely little Riesling - Peter Mertes 2013 Mosel Riesling (German) - for $9.99. Now I'm no wine snob. I've drunk everything from old glass flagon claret in the late 50s to Grange and I'm none the wiser. But this is a nice little drop at the price. Hmmm, I didn't realise that they sold liquor too. And, it's bottled specially for them. Still waiting for Aldi to hit WA. Oh poor you, another year or two to wait. Apparently Australind will be the first store. The company said it was actively looking for suitable store sites, but had already committed to a number of WA locations. These include Cannington, Souther River, Halls Head, Kwinana, Rockingham, Australind, South Lake, Joondalup, Camillo, Midland, Mundaring and Ellenbrook.

Those are all bogan suburbs    :-/

greggerypeccary wrote on Jan 13^th, 2015 at 3:39pm:

Ex Dame Pansi wrote on Jan 13th, 2015 at 1:38pm: greggerypeccary wrote on Jan 13th, 2015 at 1:27pm: bogarde73 wrote on Jan 13th, 2015 at 1:16pm: Here's another infobit I can't resist sharing. Just now Aldi has this lovely little Riesling - Peter Mertes 2013 Mosel Riesling (German) - for $9.99. Now I'm no wine snob. I've drunk everything from old glass flagon claret in the late 50s to Grange and I'm none the wiser. But this is a nice little drop at the price. Hmmm, I didn't realise that they sold liquor too. And, it's bottled specially for them. Still waiting for Aldi to hit WA. Oh poor you, another year or two to wait. Apparently Australind will be the first store. The company said it was actively looking for suitable store sites, but had already committed to a number of WA locations. These include Cannington, Souther River, Halls Head, Kwinana, Rockingham, Australind, South Lake, Joondalup, Camillo, Midland, Mundaring and Ellenbrook. Those are all bogan suburbs    :-/

Well you are just going to have to do what Andrei Hicks did and drive yourself to a bogan suburb (but check the duco when you get back to the car)

Only joking, all sorts of people shop at Aldi, poor people because it's cheaper and rich people because they're too tight to go to Woolworths (the not so fresh food people).

Ex Dame Pansi wrote on Jan 13^th, 2015 at 4:09pm:

greggerypeccary wrote on Jan 13th, 2015 at 3:39pm: Ex Dame Pansi wrote on Jan 13th, 2015 at 1:38pm: greggerypeccary wrote on Jan 13th, 2015 at 1:27pm: bogarde73 wrote on Jan 13th, 2015 at 1:16pm: Here's another infobit I can't resist sharing. Just now Aldi has this lovely little Riesling - Peter Mertes 2013 Mosel Riesling (German) - for $9.99. Now I'm no wine snob. I've drunk everything from old glass flagon claret in the late 50s to Grange and I'm none the wiser. But this is a nice little drop at the price. Hmmm, I didn't realise that they sold liquor too. And, it's bottled specially for them. Still waiting for Aldi to hit WA. Oh poor you, another year or two to wait. Apparently Australind will be the first store. The company said it was actively looking for suitable store sites, but had already committed to a number of WA locations. These include Cannington, Southern River, Halls Head, Kwinana, Rockingham, Australind, South Lake, Joondalup, Camillo, Midland, Mundaring and Ellenbrook. Those are all bogan suburbs    :-/ Well you are just going to have to do what Andrei Hicks did and drive yourself to a bogan suburb (but check the duco when you get back to the car)

Hmmm, I'm not sure that I want to drive to any of those suburbs.

I guess I'll just continue to shop at the Perth CBD Woolies (the not so fresh food people).

greggerypeccary wrote on Jan 13^th, 2015 at 4:13pm:

Hmmm, I'm not sure that I want to drive to any of those suburbs. I guess I'll just continue to shop at the Perth CBD Woolies (the not so fresh food people).

Living in a regional area has its bonuses, the bogans mix it with the non-bogans, we're all one happy little bunch of hipsters, the Audi parks beside the 86 Commodore station wagon and all our shyt comes out of the same place.

100% German privately owned.  not one cent stays in Australia.  isn't that the argument you make against mining companies that 50% of profits go offshore??? 

I will wait for the usual hypocritical 'comebacks'.

bogarde73 wrote on Jan 13^th, 2015 at 10:32am:

I've seen one or two people here claim that they have family members who have worked for Aldi and that they pay low wages. This doesn't jell with what Aldi staff have told me. I have once or twice complimented them on how hard they work and the response has been they don't mind because they get paid better than the other supermarkets.

Like EVERY aspect concerning finances, profits and tax liability surrounding the German mega-conglomerate - employee wages and staff salaries remain under a veil of secrecy




Quote:

despite Aldi describing itself as one of the country's top 10 retailers, and investment bank UBS estimating  its revenue will reach $9.3 billion by 2019, Australia has precious few numbers on Aldi's revenue and taxes. That's because Aldi has registered its Australian business as a limited partnership, one of just 3400 limited partnerships with an ABN (Australian business number) in this country. Known as Aldi Stores (a limited partnership), it owns Aldi Liquor and Aldi Liquor Online, for which no information is available through the corporate regulator. Mark Northeast, executive director at accounting firm Pitcher Partners, said Aldi's use of the unusual limited partnership structure probably had two advantages. One, "the foreign investor may be able to get a credit for the 30 per cent [corporate tax rate] paid in Australia to reduce its tax bill at home", he said. And the other is that limited partnerships are not required to be audited nor to disclose their accounts to the Australian Securities and Investment Commission (if they had to, their accounts could then be viewed by the public and competitors). Instead, limited partnerships are registered with the states and territories. Limited partnerships are still required to lodge tax returns. Aldi says it is subject to the "same taxation rules as other retailers" and "over the past three years,  Aldi Australia has paid on average 31 per cent of our pre-tax profits in tax. Furthermore, all profits are reinvested into Aldi Australia's local operation." But the above statement does not say anything about the profile of the expenses booked before calculating the profit - for instance, interest payments on inter-company debt or licensing fees paid to offshore entities. No public accounts mean the the public has to rely on Aldi's own statements and estimates from market research companies, rivals and analysts. It's understood Aldi management doesn't  hold meetings with analysts. It also means the public struggles to know whether profits associated with the Australian business are being shifted or booked offshore because of Australia's relatively high corporate tax rate. Richard Goyder, chief executive of Coles' owner Wesfarmers, said earlier this year his company did not like competing with companies that used "exotic structures" to minimise their tax. "We expect to pay tax in the countries where we earn income, and we expect to do that because we want those places to be better places," he said. In the absence of meaningful figures or interviews, Aldi puts out feel-good releases to a nation with good reason to be hungry for competition. Their media people tell us, for example, that Australians "will spend $1.3 billion on Christmas groceries this year, with the average family bill totalling $341.90". So how much Aldi does expect to take of that $1.3 billion? Those people are "unable" to say. The company's penchant for privacy is long-running, reportedly prompted by the kidnapping of co-founder Theo Albrecht in 1971. He and his co-founder brother Karl became two of the world's richest people; Theo died in 2010 and Karl died this year. Aldi's line on its market share (more than 10 per cent across the east coast) and revenue (more than $5 billion) come from a year-old report by researcher Roy Morgan. Its comment that 4.2 million people shop with it in an average four-week period comes from the same report. Unlike other sectors such as media, supermarkets are loath to criticise their rivals publicly. But they're understood to have different numbers for Aldi's market share - some say Nielsen's figure of 11 per cent market share on the east coast is about right; some say Aldi has less. http://www.smh.com.au/business/retail/lifting-the-lid-on-aldi-20141219-11wepp.html [/font]

continued ...

Continuation ...




Quote:

When Aldi opened here last decade, the supermarkets sent teams overseas to study the competition. Woolworths chairman Ralph Waters recently described Aldi as "increasing competition but ...  not new competition", but Dick Smith, the entrepreneur who sells Australian-made food to Woolworths, Coles and Metcash, makes the bold prediction Aldi will wipe out Woolies and Coles within 15 years. "Both of them will go broke," he said. "We'll end with two of everything - Aldi and Walmart." Smith says Aldi should be required to release its figures. "If they're going to allow them in here - and that's reasonable - they should say, 'We're not a secret society, you have to comply with our culture.'" Smith said he said as much in separate meetings with Mr Daunt and Stefan Kopp, group managing director of Aldi Australia. The pair approached Smith after he had publicly criticised Aldi's secrecy. "I've never had the Coles and Woolies managing directors come and see me at [Sydney's] Terrey Hills," Smith said. "The argument was that all profit goes to a trust in Germany," he said.

http://www.smh.com.au/business/retail/lifting-the-lid-on-aldi-20141219-11wepp.html



Quote:

Smith's prediction is that Australia "will make Aldi boom because we're just interested in the cheapest price, but there's no doubt in my mind once they've got large market share, everything will come from China. If you think Coles and Woolies are ruthless, you wait. They are the smartest retailers in the world."

Now I'm NOT normally a "betting man" - but I'll throw my left nut into the ring on THESE two

1. Aldi do NOT pay employees any more than they are legally bound to
- ie; the minimum award

2. Two of the four maximum employees per store will be a salaried manager - and a salaried assistant manager
One of the terms of these workplace agreements will be "unpaid overtime, as required" for such purposes as after hours stock-takes and covering casual sick leave

( ... these quite legal contracts have been "stock-standard, since Australia rejected Workchoices)

Aside from marketing discontinued lines and "job lots" - it is this low wages bill that gives Aldi its ability to sell "equivalent" ( ... not the SAME) goods, that give them the advantage

Ex Dame Pansi wrote on Jan 13^th, 2015 at 4:36pm:

greggerypeccary wrote on Jan 13th, 2015 at 4:13pm: Hmmm, I'm not sure that I want to drive to any of those suburbs. I guess I'll just continue to shop at the Perth CBD Woolies (the not so fresh food people). Living in a regional area has its bonuses, the bogans mix it with the non-bogans, we're all one happy little bunch of hipsters, the Audi parks beside the 86 Commodore station wagon and all our shyt comes out of the same place.

its the on ly chance I get to look down on the poor people pansi... ;D ;D I try to park next to a BMW  and look as if I am getting into it when I come out... not that I am a snob you understand..

longweekend58 wrote on Jan 13^th, 2015 at 5:11pm:

100% German privately owned.  not one cent stays in Australia.  isn't that the argument you make against mining companies that 50% of profits go offshore???  I will wait for the usual hypocritical 'comebacks'.

Mining companies don't give me cheap groceries, do they? Not even cheap power or gold.

Who owns Wesfarmers? Where do the profits go? Where does the profits go for all the Multinationals?

Aldi employs Australians, buys local produce and gives us a good deal at the checkout, that's all that matters to me.

Economically illiterate people (and governments) pay more than they need to. I'm sure I can give myself a nice little holiday every year with what I save by shopping at Aldi  :)

you are wrong about the wages Aldi do pay more

Aldi Retail assistants can expect to be paid up to $21.90+ per hour with an additional $9 per hour on Sundays


ob Overview: Retail Store Assistant at Woolworths

Woolworths
Compensation      
Hourly Rate
AU$16.81 - AU$24.83


the only thing I wil say about Aldi and that is their staff are never still.. I needed something from one of their display boxes and the girl rushed out rushed back outside got the key unlocked the cage gave me the whatever and took off.. no waiting to see if it was what I wanted...I dont know how it works but it seems to me..they have certain things to do within a certain time frame and the boss expects it done...no ifs or buts.... it is the German way isnt it?

cods wrote on Jan 13^th, 2015 at 6:11pm:

you are wrong about the wages Aldi do pay more Aldi Retail assistants can expect to be paid up to $21.90+ per hour with an additional $9 per hour on Sundays ob Overview: Retail Store Assistant at Woolworths Woolworths Compensation       Hourly Rate AU$16.81 - AU$24.83

Aldi's "up to" reference is somewhat obscure
I'm guessing the top of the "up to" figure relates to casuals
They don't declare any full-time entry level hourly rate


... and what does " up to $21.90 plus per hour" actually mean ?

( ... THINK about it) 

Remember the corner store that used to sell real food?, that was before the banks and the government got together to make us all time poor, now we no longer have time to shop around and have been corralled like sheep into the nearest woollies or coles to eat mass produced manufactured slops. 

Ex Dame Pansi wrote on Jan 13^th, 2015 at 6:05pm:

longweekend58 wrote on Jan 13th, 2015 at 5:11pm: 100% German privately owned.  not one cent stays in Australia.  isn't that the argument you make against mining companies that 50% of profits go offshore???  I will wait for the usual hypocritical 'comebacks'. Mining companies don't give me cheap groceries, do they? Not even cheap power or gold. Who owns Wesfarmers? Where do the profits go? Where does the profits go for all the Multinationals? Aldi employs Australians, buys local produce and gives us a good deal at the checkout, that's all that matters to me. Economically illiterate people (and governments) pay more than they need to. I'm sure I can give myself a nice little holiday every year with what I save by shopping at Aldi  :)

Mining companies and their taxation gives you your welfare payments.  Aldi SELLS you food.

It would be nice (and a first) if you had a consistent approach to any topic.  Aldi gives NOTHING to this country.  EVERY CENT goes overseas.

buzzanddidj wrote on Jan 13^th, 2015 at 5:12pm:

Like EVERY aspect concerning finances, profits and tax liability surrounding the German mega-conglomerate - employee wages and staff salaries remain under a veil of secrecy[/font][/size]

Their Agreements are available to the public.

http://www.sda.org.au/  Top right corner.

https://www.fwc.gov.au/awards-and-agreements/agreements/find-agreement/results?AGREEMENT_TITLE=aldi&STATE=All&INDUSTRY_1=All&AGREEMENT_ID=&sqlsrv_combine=&ODN=&OLD_PUB_CODE=&PRINT_ID=&ABN=

buzzanddidj wrote on Jan 13^th, 2015 at 7:08pm:

... and what does " up to $21.90 plus per hour" actually mean ? ( ... THINK about it)

It means that's the adult rate.

Many retail assistants are teenagers, thus, they'll be paid junior rates (i.e. a percentage of the adult rate, depending on their age).

Aldi actually pay quite well, compared to other supermarkets.

Plus, they let their staff sit down while working on the checkout.  Coles and Woolworths refuse to introduce that into their stores.

This is a global economy buzz, companies are going to come here because it's a prosperous country.

There have been a couple of reports in the last few days that it is expected many more foreign retailers will set up here, in all kinds of sectors. It is unavoidable.

The upside is, while most of the profits will be remitted, wages will be paid here and payments will often be made to suppliers here. That is the case with Aldi.

The downside will be if foreign companies are allowed to bring in their own workers, ie China, and operate like Chinese islands in an Australian ocean

buzzanddidj wrote on Jan 13^th, 2015 at 7:08pm:

... and what does " up to $21.90 plus per hour" actually mean ? ( ... THINK about it)

It means that's the adult rate.

Many retail assistants are teenagers, thus, they'll be paid junior rates (i.e. a percentage of the adult rate, depending on their age).

Aldi actually pay quite well, compared to other supermarkets.







They've ( ... or their union or staff association) done a trade off with the German partnership taking a big cut on Sunday and public holiday rates - in exchange for the regular hour increase

They're a bit in front still, but you'd WANNA BE - considering the WORKLOAD they're given

buzzanddidj wrote on Jan 14^th, 2015 at 10:27am:

greggerypeccary wrote on Jan 14th, 2015 at 9:13am: [quote author=buzzanddidj link=1421109175/19#19 date=1421140101] ... and what does " up to $21.90 plus per hour" actually mean ? ( ... THINK about it)  It means that's the adult rate. Many retail assistants are teenagers, thus, they'll be paid junior rates (i.e. a percentage of the adult rate, depending on their age). Aldi actually pay quite well, compared to other supermarkets. They've ( ... or their union or staff association) done a trade off with the German partnership taking a big cut on Sunday and public holiday rates - in exchange for the regular hour increase They're a bit in front still, but you'd WANNA BE - considering the WORKLOAD they're given

buzzanddidj wrote on Jan 14^th, 2015 at 10:27am:

They're a bit in front still, but you'd WANNA BE - considering the WORKLOAD they're given

Yep, the Agreements pass the BOOT (Better Off Overall Test), so Fair Work seems to think they aren't missing out.

And yes, considering their workload, they're still not paid enough.

buzzanddidj wrote on Jan 14^th, 2015 at 10:31am:

buzzanddidj wrote on Jan 14th, 2015 at 10:27am: greggerypeccary wrote on Jan 14th, 2015 at 9:13am: [quote author=buzzanddidj link=1421109175/19#19 date=1421140101] ... and what does " up to $21.90 plus per hour" actually mean ? ( ... THINK about it)  It means that's the adult rate. Many retail assistants are teenagers, thus, they'll be paid junior rates (i.e. a percentage of the adult rate, depending on their age). Aldi actually pay quite well, compared to other supermarkets. They've ( ... or their union or staff association) done a trade off with the German partnership taking a big cut on Sunday and public holiday rates - in exchange for the regular hour increase They're a bit in front still, but you'd WANNA BE - considering the WORKLOAD they're given

so they traded off penalty rates for high normal rates??  Is that not the very essence of workchoices????

and you support it????

longweekend58 wrote on Jan 14^th, 2015 at 11:08am:

so they traded off penalty rates for high normal rates??  Is that not the very essence of workchoices???? and you support it????

Many EBAs contain trade offs.

However, they must pass the BOOT.

"Before approving an enterprise agreement, the Commission must ensure the agreement or variation passes the better off overall test.

"This test requires that each of the employees to be covered by the agreement are better off overall than under the relevant modern award."

https://www.fwc.gov.au/awards-and-agreements/agreements/approval-process

greggerypeccary wrote on Jan 14^th, 2015 at 11:16am:

longweekend58 wrote on Jan 14th, 2015 at 11:08am: so they traded off penalty rates for high normal rates??  Is that not the very essence of workchoices???? and you support it???? Many EBAs contain trade offs. However, they must pass the BOOT. "Before approving an enterprise agreement, the Commission must ensure the agreement or variation passes the better off overall test. "This test requires that each of the employees to be covered by the agreement are better off overall than under the relevant modern award." https://www.fwc.gov.au/awards-and-agreements/agreements/approval-process

the agreement still sounds very much like the essence of workchoices where various entitlements are traded off for more money or other conditions.

buzzanddidj wrote on Jan 13^th, 2015 at 5:12pm:

bogarde73 wrote on Jan 13th, 2015 at 10:32am: I've seen one or two people here claim that they have family members who have worked for Aldi and that they pay low wages. This doesn't jell with what Aldi staff have told me. I have once or twice complimented them on how hard they work and the response has been they don't mind because they get paid better than the other supermarkets. Like EVERY aspect concerning finances, profits and tax liability surrounding the German mega-conglomerate - employee wages and staff salaries remain under a veil of secrecy Quote: despite Aldi describing itself as one of the country's top 10 retailers, and investment bank UBS estimating  its revenue will reach $9.3 billion by 2019, Australia has precious few numbers on Aldi's revenue and taxes. That's because Aldi has registered its Australian business as a limited partnership, one of just 3400 limited partnerships with an ABN (Australian business number) in this country. Known as Aldi Stores (a limited partnership), it owns Aldi Liquor and Aldi Liquor Online, for which no information is available through the corporate regulator. Mark Northeast, executive director at accounting firm Pitcher Partners, said Aldi's use of the unusual limited partnership structure probably had two advantages. One, "the foreign investor may be able to get a credit for the 30 per cent [corporate tax rate] paid in Australia to reduce its tax bill at home", he said. And the other is that limited partnerships are not required to be audited nor to disclose their accounts to the Australian Securities and Investment Commission (if they had to, their accounts could then be viewed by the public and competitors). Instead, limited partnerships are registered with the states and territories. Limited partnerships are still required to lodge tax returns. Aldi says it is subject to the "same taxation rules as other retailers" and "over the past three years,  Aldi Australia has paid on average 31 per cent of our pre-tax profits in tax. Furthermore, all profits are reinvested into Aldi Australia's local operation." But the above statement does not say anything about the profile of the expenses booked before calculating the profit - for instance, interest payments on inter-company debt or licensing fees paid to offshore entities. No public accounts mean the the public has to rely on Aldi's own statements and estimates from market research companies, rivals and analysts. It's understood Aldi management doesn't  hold meetings with analysts. It also means the public struggles to know whether profits associated with the Australian business are being shifted or booked offshore because of Australia's relatively high corporate tax rate. Richard Goyder, chief executive of Coles' owner Wesfarmers, said earlier this year his company did not like competing with companies that used "exotic structures" to minimise their tax. "We expect to pay tax in the countries where we earn income, and we expect to do that because we want those places to be better places," he said. In the absence of meaningful figures or interviews, Aldi puts out feel-good releases to a nation with good reason to be hungry for competition. Their media people tell us, for example, that Australians "will spend $1.3 billion on Christmas groceries this year, with the average family bill totalling $341.90". So how much Aldi does expect to take of that $1.3 billion? Those people are "unable" to say. The company's penchant for privacy is long-running, reportedly prompted by the kidnapping of co-founder Theo Albrecht in 1971. He and his co-founder brother Karl became two of the world's richest people; Theo died in 2010 and Karl died this year. Aldi's line on its market share (more than 10 per cent across the east coast) and revenue (more than $5 billion) come from a year-old report by researcher Roy Morgan. Its comment that 4.2 million people shop with it in an average four-week period comes from the same report. Unlike other sectors such as media, supermarkets are loath to criticise their rivals publicly. But they're understood to have different numbers for Aldi's market share - some say Nielsen's figure of 11 per cent market share on the east coast is about right; some say Aldi has less. http://www.smh.com.au/business/retail/lifting-the-lid-on-aldi-20141219-11wepp.html [/font] continued ...

So if Aldi keep reinvesting their sales profits in expansion, does this cancel out any taxes that would have to paid?

They can use this loophole to expand and crush competition.

Australia's taxation laws suit the mega rich.




Can Aldi Australia borrow money from Aldi Germany, and then charge the interest paid to the Australian taxpayer?

Are we being ripped off?

Should Aldi pay tax?

Should there be proper scrutiny?

longweekend58 wrote on Jan 14^th, 2015 at 11:44am:

greggerypeccary wrote on Jan 14th, 2015 at 11:16am: longweekend58 wrote on Jan 14th, 2015 at 11:08am: so they traded off penalty rates for high normal rates??  Is that not the very essence of workchoices???? and you support it???? Many EBAs contain trade offs. However, they must pass the BOOT. "Before approving an enterprise agreement, the Commission must ensure the agreement or variation passes the better off overall test. "This test requires that each of the employees to be covered by the agreement are better off overall than under the relevant modern award." https://www.fwc.gov.au/awards-and-agreements/agreements/approval-process the agreement still sounds very much like the essence of workchoices where various entitlements are traded off for more money or other conditions.

Negotiating EBAs has always been done like that.

longweekend58 wrote on Jan 14^th, 2015 at 11:08am:

buzzanddidj wrote on Jan 14th, 2015 at 10:31am: buzzanddidj wrote on Jan 14th, 2015 at 10:27am: greggerypeccary wrote on Jan 14th, 2015 at 9:13am: [quote author=buzzanddidj link=1421109175/19#19 date=1421140101] ... and what does " up to $21.90 plus per hour" actually mean ? ( ... THINK about it)  It means that's the adult rate. Many retail assistants are teenagers, thus, they'll be paid junior rates (i.e. a percentage of the adult rate, depending on their age). Aldi actually pay quite well, compared to other supermarkets. They've ( ... or their union or staff association) done a trade off with the German partnership taking a big cut on Sunday and public holiday rates - in exchange for the regular hour increase They're a bit in front still, but you'd WANNA BE - considering the WORKLOAD they're given Is that not the very essence of workchoices???? and you support it????

NO
the primary function of Workchoices was to CUT wages
the courts were PACKED with cases fighting wage cuts

The Aldi staff I've spoken to on quite a few occasions tell me they like working there.

It's just the same as the recent research which shows more & more people prefer part-time & contract work to full-time, but of course the unions wouldn't want them to have what they prefer.

Thou shalt be governed by strict government-controlled awards and nothing else shall be acceptable!!!