Armchair_Politician wrote on Nov 18^th, 2015 at 5:30am:


There are some great people in business but unfortunately not enough particularly in the more corporate areas. However I think in this example the writing was on the wall and everyone would have been better off had the owner originally closed down without the second mortgage, looks like another case where the business fundamentals were wrong and throwing more money at it only prolonged the agony. Same as taking pay cuts if the fundamental problems are not solved it is only a stop gap measure and it is never going to be the solution in itself.

The problem is almost always the business and only very rarely the employees or their pay and conditions.

Armchair_Politician wrote on Nov 18^th, 2015 at 5:30am:



Of course it's the owners that take the risk. It's also the owners who make all the decisions and take all the reward. If you want someone to work for you, you must pay them fairly.

aquascoot wrote on Nov 18^th, 2015 at 7:26am:


don't forgot to mention that when things go bad and it finally shuts down, the employees get told to bugger off, while upper management gets it's million dollar bonuses.

Jovial Monk wrote on Nov 18^th, 2015 at 7:29am:


I Thought it was well established that "picking winners" was bad policy.

what we need to do is to exploit our natural advantages

clean environment
tourism
banking and finance
clean food production.

every problem presents an opportunity.

say we look at the paris problem.
this is going to make aussies (indeed the world)less likely to go to europe.
we should be promoting ourselves as a SAFE destination.

lets look at the chinese decision to allow unlimited imports of racehorses.

hong kong and singapore alone take 500 million worth of thoroughbreds every year.
thats pure profit , turning grass into dollars.
why build a stinky polluting car factory (that runs at a loss) when we can have rolling green fields that run at a profit.

The chinese won our second biggest race this year (the caulfield cup).
Put on the telly and you will see the chinese racing club colours (yellow with a red dragon ) in many races.

Our top 4 colts from last season were each syndicated internationally for more than 30 million each.

lets do what we do best.

i can see a huge market for camel, goats, for croc safari's for the north.

even the greens would rather we rid our arid lands of 2 million camels then build a car manufacturing plant (actually they probably wouldnt, they are not real big on logic)

Swagman wrote on Nov 17^th, 2015 at 9:37pm:


A course of action for a specific company in a particular industry in no way means it's the ideal position for all or even most workers to take. There is also no assurance that it will save jobs in the long term if the company fortunes don't improve.

There is little evidence that penalty rates are costing a significant number of jobs, simply because a business is doing badly and the employees are willing take a hit to see if it can survive is in no way indicative that penalty rates a a bad thing.

Jovial Monk wrote on Nov 18^th, 2015 at 7:56am:



Oprah is in town in a fortnight.
$200 a ticket to hear the life story of a woman who came from adversity, child molestation, pregnant at 14.
Who's coming to hear her story of self help ??

Jovial Monk wrote on Nov 18^th, 2015 at 7:39am:



I know Tesla was in talks with govt. about opening an ASIA Hub in Canberra to run all their admin for this part of the world a few months ago.  I'm wondering if it could be them looking to also buy the plant and build in Australia?