They won't miss out entirely, they will get paid eventually either as priority creditors in any liquidation/DOCA or otherwise under the Government's Fair Entitlements Guarantee.
It’s a good point. Since 21 I’ve put 3% of all my income into a separate account, purely if I happen to find myself unemployed at any point before retirement, it will buy me time, I will shortly be entering this industry so its higher risk vs my other industry. So far I’ve got about $70k.
What I find quite frustrating looking at all this is that even if you have travel insurance you're not covered. Every plan I've looked at excludes "insolvency" or "financial default" of a travel provider. It definitely didn't used to be this way, when Air Australia collapsed more than a decade ago I distinctly remember checking all my various credit card travel insurance policies that I was using at the time to see if I was covered if it ever happened to me.
Interesting observation… so i jumped on google
www.9news.com.au
whilst I 100% agree with this statement, for some people this is just impossible, juggling 600-700 a week in rent, power hikes, high fuel etc. I actually feel for the modern generation as many will never own their own homes.
Are you high?
Why isn’t the ACCC attempting to sue Bonza for selling tickets for flights that were already cancelled? They were incredibly vocal against the national carrier when they allegedly did this during Covid, but haven’t made a single comment about this, and it’s nowhere near emphasised in the media as it was when QF did this.
What about this issue with Bonza deciding to scrap wages for April? Why aren’t there fierce union protests at Bonza’s Sunshine Coast head office like there were at QF’s Sydney HQ in 2020?
Bonza employees told they won't be paid last month's wages
Why is the ACCC, Australian media and Australian unions incredibly biased, hostile, belligerent and bellicose towards our national carrier when they commit even the slightest of immoral acts, but are happy to let a 100% foriegn owned and heavily cash-backed business get away with behaviour and actions that are far worse than QF has ever committed in its 104-year history?
Agree 100%.
To state the obvious, Qantas is not the victim here.
Why isn’t the ACCC attempting to sue Bonza for selling tickets for flights that were already cancelled? They were incredibly vocal against the national carrier when they allegedly did this during Covid, but haven’t made a single comment about this, and it’s nowhere near emphasised in the media as it was when QF did this.
What about this issue with Bonza deciding to scrap wages for April? Why aren’t there fierce union protests at Bonza’s Sunshine Coast head office like there were at QF’s Sydney HQ in 2020?Bonza employees told they won't be paid last month's wages
Why is the ACCC, Australian media and Australian unions incredibly biased, hostile, belligerent and bellicose towards our national carrier when they commit even the slightest of immoral acts, but are happy to let a 100% foriegn owned and heavily cash-backed business get away with behaviour and actions that are far worse than QF has ever committed in its 104-year history?
I hear if you say it five times in front of the mirror the spirit of Alan Joyce appears, dangling the severed coughpit of a proposed "Project Sunrise" plane.
One needs to wait to see how it plays out, and one thing the administrator will do is form an opinion on when the company became insolvent.
Why isn’t the ACCC attempting to sue Bonza for selling tickets for flights that were already cancelled? They were incredibly vocal against the national carrier when they allegedly did this during Covid, but haven’t made a single comment about this, and it’s nowhere near emphasised in the media as it was when QF did this.
What about this issue with Bonza deciding to scrap wages for April? Why aren’t there fierce union protests at Bonza’s Sunshine Coast head office like there were at QF’s Sydney HQ in 2020?Bonza employees told they won't be paid last month's wages
Why is the ACCC, Australian media and Australian unions incredibly biased, hostile, belligerent and bellicose towards our national carrier when they commit even the slightest of immoral acts, but are happy to let a 100% foriegn owned and heavily cash-backed business get away with behaviour and actions that are far worse than QF has ever committed in its 104-year history?
Agree, but that 10 or 20 per week over the years works if you can refrain from touching it.
Except you could hold directors to account.
