dressfire18's blog

Voting has Started for the Most Responsible & Greediest Real Estate Consultant Decisions Melbourne Australia ... 2024

by Yellow Hood

I was recently sent an article titled. Story of corporate greed.

The stories of Corporate Greed just Keeps going... well known corporate brands, such as BHP and Quantas. Qantas' Collapse: A Symptom of Corporate Greed

Alan Joyce's sudden exit from Qantas may have surprised him, but for many, it was long overdue. After 15 years of making executive profits over customer satisfaction and employee relations, the once-revered airline has become a symbol of corporate Decay. Corporate Accountability Lacking

Despite these blunders, Joyce's pay skyrocketed. His 15-year reign earned him $125 million while Qantas' reputation and operations deteriorated. The responsibility doesn't end with Joyce. Qantas Chairman Richard Goyder and the board have supported Joyce's decisions, enriching themselves in the process. As they prepare for next month's annual general meeting, they face growing shareholder dissatisfaction.

This saga isn't unique to Qantas. Across corporate Australia, companies have kept wage rises below inflation while executive salaries ballooned. CEOs like Joyce have prospered, while productivity stagnates and workers struggle with the rising cost of living. Although legislation aimed at curbing wage theft and corporate malpractice has been introduced, the fact remains: government efforts have so far failed to hold these corporations accountable, allowing the cycle of greed to continue unchecked. 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 diligent couple who decided to invest in for their retirement by putting their savings into investing in a property.

Lack of Proper Government Legislation to protect the Australian Rental Market.

Researching 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 went well until we were notified that our rental property was to be vacated and we could attend to inspect the property.

It was a absolute catastrophe 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 Ethan Hood. 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 cleaners, 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 their website 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.