Fortunately, local big employees (not contractors) will be able to recoup all unpaid wages and leave through the Government's Fair Entitlements Guarantee scheme.
Unfortunately, most everyone here is paying for this in taxes.
This is where I become conflicted. The AFR's stance that there must be greater regulatory oversight into listings is fair here, but goes against free market principals. It pains me to say (as a libertarian) that greater oversight into listings is prudent.
I do not mean to kick up the dirt, and an "I told you so" is not appropriate, but the culture around presenting contrarian views on HotCopper is disgusting, to the extent that these boards become filled with ones-sided group-think. This should also change.
BIG Price at posting:
$2.22 Sentiment: None Disclosure: Not Held
