Biggest question the inquiry should answer:how did thousands of...

Biggest question the inquiry should answer:

how did thousands of people working for crown, star city and sky casino companies all know about loose compliance, associations with criminal syndicates and money laundering, yet not one single person at the regulator had any idea?

I for one simply don't believe this. There was a clear conflict of interest with the gov regulator as the gov was reaping 30% tax on casino turnover so had a very strong motivation to look the other way.

by not regulating the competition (crown and Sky) the regulator was virtually forcing star to join in wrongdoing as they would fall behind the rest of the market and management would have been replaced by better performing employees from their competition. That is called normal operation of the market.

all casino companies also were about the only businesses in hospitality that weren't underpaying their employees, yet despite the government knowing about rampant wage theft for over a decade did not protect the honest operators from rogue operators. In fact they were importing these rogue operators as fast as they could (retail food group, 7Eleven, Caltex, sushi restaurants, dumpling chains etc) that were all caught out eventually when media not gov caught them.

retail food group (RFG asx) was one of the biggest asx falls of the year when they were caught using migrant franchisee owners on the business migration programme ( that the gov was meant to be overseeing ) combined with ridiculously underpaid vulnerable foreign students ( also who gov were meant to be regulating) to undercut honest Australian operators. ASIC also should have avoided this failure in its infancy by guiding auditors to look at wage compliance in industries that were serial offenders. As a result, just like what happened with casinos, hospitality knew the regulator was not coming to their aid and the problem of wage theft eventually spread to more and more of the market as they attempted to compete on an uneven playing field.

For reference the RFG owned chains like the coffee club, crust pizza, capers pizza and a bunch of others.