New Voting has Begun for the Best & Greediest Business Decisions Sydney Australia ... Sept 2024
Voting has Kicked off for the Most Important & Worst Business Decisions Sydney Australia ... 2024 by Hood Yellow Group
I received an article entitled. Story of corporate greed.
The stories of Corporate Greed just Keeps going... well known corporate brands, such as Qantas & BHP. Qantas' Collapse: Evidence of Corporate Greed
Alan Joyce's sharp departure from Qantas may have surprised him, but for many, it was long overdue. After 15 years of prioritising executive profits over customer satisfaction and employee relations, the once-revered airline has become a symbol of corporate Greed. Joyce, who leaves with a staggering $125 million, presided over a company that systematically estranged its customers, clashed with its workforce, and faced financial turbulence. The final straw was Qantas' attempts to withhold $500 million in refunds and the revealing that it sold tickets for previously cancelled flights, sparking a legal battle with the competition regulator. The deception of success crumbled along with his moral reputation.
For now, the Qantas flame-out serves as a stark reminder of the widening gulf between corporate leaders and the people they are meant to serve.
Retirement on the North Coast.
My friends Davis and Joan had retired to the West coast where they had many happy memories and became part of a eclectic community. They are a hardworking couple who decided to invest in for their future income by putting their savings into an investment property.
Lack of Proper Government Legislation to protect the Real Estate Rental Market in Australia.
After investigating these options and reading the clear legal language of these websites we approached one trusted corporate name Hooker where upon we entered into an exclusive Rental Management Agreement. Everything seemed to go well until we were notified that our rental was to be vacated and we could attend to inspect the property.
It was a complete disaster and the person we were originally dealing with was not available, we were informed that we were now to deal with the new property manager Mr Going Listed here. His cavalier obtuse manner, attitudes and statements with regard to a property that my friends had cared for, about and spent many weeks and months preparing for the Rental market was now laid a wreck, carpets that and reeked of dog urine required removal and disposal. Sealing the floor boards relaying new carpet along with thousands of dollars of repair. I can still remember my friends face going white while recalling E Hood as a person who was completely out of his depth.
Despite the opinions and evidence of professional painters, decorators and other property professionals, he {simply denied the issues and claimed this is how the property was when originally rented to the tenants despite the actual evidence to the contrary|claimed the property did not smell and that the house was ready for rental. Me E Hood had failed to carry out basic and proper Tenant evaluations, ingoing property reports, ongoing property reports and outgoing reports. He failed to hold the tenants to account for outstanding rent and damages, and by extension the franchisee and L.J Hookers. I got the sense that instead of helping to rectify the issues and entering into a proper conciliation process L.J Hookers engaged high end lawyers to intimidate, mislead and and protect the company reputation...
The Corporate Playbook.
The response by Corporate L.J Hooker to the many failures by their property manager Me E Hood was totally incomprehensible eliciting further underlying problems such as a lack of Corporate responsibility, morals and governance. Despite the clear Ruling by NCAT that showed without prejudice the damages suffered by Owners … this included but was not limited to;
1. Unpaid rent which required the owners to insist of holding the bond.
2. Damages to rental property which required holding the bond.
3. Release of Bond without proper investigation and evaluation.
4. Lack of ingoing report
5. Lack of ongoing report.
6. Lack of outgoing report.
7. Promise to Rectify damages etc. Broken.
8. Basic failure on all levels to uphold obligations of property management.
9. New Relationship with Ray White.