Benson,Two thoughts;1) There has been no extreme changes in...

Benson,

Two thoughts;

1) There has been no extreme changes in wages at QF for years and years. Most departments get a standard 3% wage rise per annum or 9% over the life of an average EBA and this is about right IMO as inflation sits either just above or below the 3% figure and workers do need to try and maintain their real wage. Incidentally, the wage rises for those who least need it ( the ones earning seven figures +) are often in the 60-70% range so it is hardly a 50/50 scenario with the blame game IMO. Even with higher staff wage claims in the past, QAN still managed to make over $1 billion profit with roughly the same number of staff, in fact more than present numbers so questions need to be asked about the management decisions and strategy going forward, they are the ones calling the shots and making the executive decisions, not the general staff.

2) Not sure why QAN managment would want to sell the FF program, short term gain yes but once the farm is sold, it ain't ever coming back. The FF is a vital revenue earner for QAN, and will be for many years to come, should never be sold.

I posted the relevant numbers of AJ's CEO tenure the other day and it ain't pretty. Numbers do not lie and I cannot believe that he is still CEO, the worst QAN has ever had by a country mile.

Surfrat