QAN 1.07% $8.53 qantas airways limited

i feel sick, page-13

  1. 733 Posts.
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    Hi Furniture,

    Yes, Australian workers have it good, no denying that. But its the result of Balance between Profits and Wages & conditions. The high standard of living we enjoy today is the result of not polarizing our profits. It is wrong that the world wants to buy goods below their cost to manufacture and turn a blind eye to third world living standards. Globalization has its pitfalls, but my point is cost competition is a recipe for disaster. Any replicable product or Service is vulnerable, but you need to move on and improve the world. Sitting back and doing more of the same (at a lower cost) does not deserve a seat at the table. Great Brands morph as a matter of survival, (the list is very long by the way), and I have personally witnessed the Preso's of these company leaders from many corners of the world.

    Joyce is not an innovator.... He's a winner amongst losers because of his lack of skill / intelligence.

    BTW, I do sympathize with your business troubles. I do not like to hear of greed (by the workers in your case) to a point where a solution cannot be found. I know Balance can be difficult.

    The Qantas problem is very different though, its a profitable business and Joyce can only expand through cost cutting.
 
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