ACCC action re cancelled Qantas flights

That could have racked up quite quickly, easily eclipsing $120M
Well, you can make the sky the limit, but remember the ACCC can only ask for a fine, they can litigate it before the Court but the ACCC has no power to impose the fine. In the end it has to be signed off by the Federal Court. The Court is not going to allow a fine which puts the company at risk of bankruptcy as it would be manifestly excessive. Its a pecuniary penalty in a civil matter - a fine, not a measure to damage the airline
 
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In the context of this discussion I thought the precedent set in this High Court ruling was interesting.

High Court ruling might mean corporate executives face 'lower bar' for prosecutions, and more of them

The article uses the Banking Royal Commission as an example and infers that in similar circumstances, this precedent might see executives prosecuted individually.

When reading it far more recent examples sprang to mind.

That's a step in the right direction, executives should absolutely be held personally responsible.
 
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The article uses the Banking Royal Commission as an example and infers that in similar circumstances, this precedent might see executives prosecuted individually.

In the mining industry, the mine manager is personally liable to prosecution in the event of, say, a fatality on site. Been that way for years.
 
That's a step in the right direction, executives should absolutely be held personally responsible.
What? The ex-politicians who have never taken responsibility for anything in their careers, won't allow their future positions on boards to be liable or responsible! Sheesh.
 
What? The ex-politicians who have never taken responsibility for anything in their careers, won't allow their future positions on boards to be liable or responsible! Sheesh.
How can someone so young be so cynical ;)
 

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