Hi Folks,
The Tax office has plucked its new customer service chief from the wreckage of one Australia's highest profile
corporate train crashes of recent years - the Masters Home Improvement hardware chain.
Former Masters Director Melinda Smith, who departed Masters at the end of December, was chief operating officer
of the doomed hardware chain from 2009 to 2012 and was promoted to director in July 2013.
She is to be paid $470,000 a year or $9,000 a week and I imagine 13% superannuation.
That wage equates to more a fortnight than the average pensioner get to live on for a whole year. Is that really
morally fair and equitable?. We are talking about taxpayer funds here.
Now the big question arises.
If this woman is to be paid this incredible salary the what are the wages paid to those above her in the
hierarchy. The commissioners and assistant commissioners and the departmental heads?
If running a business that ploughed itself into the ground is the criteria for $470k a year then please let
me and my peers on the gravy train.
I believe in a fair days pay for a fair days work by $9,000 a week, really?

Someone who could make Masters profitable would be worth that much.

She clearly wasn't!

it seems being a failure in the real world will make you a success in the public service. Look at all the 'successful'public servants and academics who contributed to the wind farm debacle in SA.

runner, what precisely do you mean by "the wind farm debacle in SA"?

Of course not. In fact, this sheila should be paying back that and more for her incompetence. Employing the dope defies sense.

Surely little Princess Masters would be on a bloated obscene public service pension not superannuation? Either way the tax man concentrates on aged, invalid and unemployed not the big end of town?
Glencore claimed 9 per cent interest payable to their Swiss parent Co. but overnight Keating decided pensioners are "deemed" to earn 3 per cent interest but Glencore decide what they pay. They should be thrown out in the street with no pensions for allowing this to happen, the dogs!
Glencore could have been made to pay the right amount of tax but those dogs in the ATO would not work in an iron lung.