How about we stop the hype and reflect on the 2015 RC into trade unions, and I quote Justice Heydon from an ABC News report of 30 December 2015: "The final report of the Royal Commission into Trade Union Governance and Corruption has referred to "widespread and deep-seated" misconduct by union officials." "It is clear that in many parts of the world constituted by Australian trade union officials, there is room for louts, thugs, bullies, thieves, perjurers, those who threaten violence, errant fiduciaries and organisers of boycotts." "They are not the work of a few rogue unions, or a few rogue officials. The misconduct exhibits great variety. It is widespread. It is deep-seated.There has been much perjury. A huge amount of the testimony given in hearings has been false to the knowledge of the witnesses."
And what has happened since then? Nothing. A few minor penalties and the world goes back to normal for these "louts thugs, bullies and thieves".
So on the one hand we have essentially a legalised quasi-criminal organisation who openly flaunt their disregard for the law, and three years on it is old news and no changes made, and yet this farce of a RC still has wet ink and every media outlet is shouting about impending change and further enforced regulations? WTAF? Am I missing something?
Yes, we are meant to be a profession and yes, some big insto's and others have been caught lying or doing the wrong thing, but seriously? We could have saved the nation $50mill and told them that at the start if they would have listened,
In comparison to the Union scandals, our miscreants may be on a par but the fact remains I don't see any Union guts hanging from the main mast, or major reforms in their industry 3 years on.
In fact, given the facts uncovered by the Union RC and the total lack of appearance of union based ISA funds predominantly filled with union board members, (remember, those louts, thugs, bullies, thieves and liars mentioned above?), it makes me wonder if the seemingly impenetrable shield Labor offers these guys when it comes to ASIC investigations, also extended to this pretense of a RC.
Was the outcome of our RC already determined and agreed well before the first day?
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