I know they aren't a car manufacturer or a mine so I guess no bail out from the government.
this post was submitted on 26 Mar 2025
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Fuuuuck. It's so true it hurts. Satire, sometimes, is only funny for a second.
Workers from the Mosaic collapse have already been offered assistance under the federal government's scheme to pay out workers missing entitlements.
They're getting a bit of a bailout.
They're paying the workers directly for their missing entitlements? That's astonishingly good of the government.
I mean they're probably paying the CEO and asking that the CEO pass it onto the workers. The CEO'll likely pay off their credit card or get some work done on their frown lines from all the stress.
Yeah, I'm sure that's how it works.
I don't have much trust in the government helping the little people.
Why are so many people on this platform like this?
Because the Aussie gov does heaps to support corporations and little to support workers. Did you see that Punters Politics piece on big petro/gas companies paying less tax than Australian teachers? It's not trickle down, it's punch down.
Also there is a fair amount of ignorance. Australian unions have worked with the ALP for decades to ensure entitlements for Australian workers in these circumstances and Labor passed the FEG legislation.
We get it, the mining lobby and billionaires are a corrupting influence on democracy including the ALP. The ALP aren't left enough, aren't proactive enough, whatever. But also the ALP has passed a lot of legislation that benefits working Australians and unsurprisingly you hear fuck all about it from MSM or people pushing minor parties and independents.
When these companies can't pay entitlements it isn't the Liberal party, Greens or independents that legislated to ensure workers aren't going to be completely fucked.
Credit where its due.
True. We've also had many years of mostly LNP government which I reckon has tainted people's view of government overall. The LNP/MSM circle jerk certainly doesn't help when anything decent the ALP does doesn't get mentioned.
Have you never worked for a corporation?
I just watched 20 people resign and it benefited the "trusted" executive leader who pretended like they were so heartbroken about it....
Cool.
We're talking about the Australian federal government here though.
Wow, they were still around?
Not anymore!
... 🤨 Where you live?
claimed hundreds of thousands of dollars worth of stock, but actual value would be about 10 bucks total. Seriously cant believe they hung in as long as they did when it was 4x the price of bigw jeans at 1/8th the quality.
Again? I'm sure this happened years ago.