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ActewAGL “Bitterly Disappointed” it can’t waste another $300k

By 54-11 21 June 2013 32

The Crimes has the unbelievably narcissistic Michael Costello saying how sad he is that he can’t blow $300,000 on a June staff party.

After all the shenanigans (Cotter Dam cost blow-out), John Mackay being sacked by ACTGov, and the $855,000 under-reporting of Mark Sullivan’s salary, Costello must be living in a parallel universe.

He also claims that the cost of the party does not come out of our electricity prices.  Where does it come from, Costello? Sky fairies?

Your diatribe about how unfair all this is strikes me as you being totally out of touch with the reality that most of your customers face every day. My advice is to have a good, hard think about your attitude and re-adjust your thinking.

What’s Your opinion?


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32 Responses to
ActewAGL “Bitterly Disappointed” it can’t waste another $300k
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KB1971 12:47 pm 24 Jun 13

chewy14 said :

Tetranitrate said :

chewy14 said :

What’s stopping you buying electricity from another company?
Basically you’re whining that a private company has decided to spend some money on its employees. Would you prefer they get a bigger pay rise instead?

ACTEW is not a private company, it’s wholly owned by the ACT government. Given this, people have a right to be annoyed as the money being misappropriated is pubic money that would otherwise be paid to the ACT government in the form of dividends, and be spent on roads, schools, nurses (and probably public art).

ActewAGL is not wholly owned by the government though is it. I can fully understand why people get upset about things like this but really it is just a whinge that an employee from somewhere that they don’t work gets a benefit that they don’t.

I know plenty of people that get to take clients out to expensive restaurants on the company credit card. I’ve seen plenty of ‘planning’ days that also involve trips and free stuff. Sure it can be good for business but its also a perk of the job for those employees and probably part of the reason that they work at those places.
As I said before, there’s no reason to believe that this money necessarily belongs to the taxpayer or ACT residents. A company looking after their employees is hardly front page news.

Or a bad thing, especially if their employees go above and beyond.

chewy14 11:40 am 24 Jun 13

Tetranitrate said :

chewy14 said :

What’s stopping you buying electricity from another company?
Basically you’re whining that a private company has decided to spend some money on its employees. Would you prefer they get a bigger pay rise instead?

ACTEW is not a private company, it’s wholly owned by the ACT government. Given this, people have a right to be annoyed as the money being misappropriated is pubic money that would otherwise be paid to the ACT government in the form of dividends, and be spent on roads, schools, nurses (and probably public art).

ActewAGL is not wholly owned by the government though is it. I can fully understand why people get upset about things like this but really it is just a whinge that an employee from somewhere that they don’t work gets a benefit that they don’t.

I know plenty of people that get to take clients out to expensive restaurants on the company credit card. I’ve seen plenty of ‘planning’ days that also involve trips and free stuff. Sure it can be good for business but its also a perk of the job for those employees and probably part of the reason that they work at those places.
As I said before, there’s no reason to believe that this money necessarily belongs to the taxpayer or ACT residents. A company looking after their employees is hardly front page news.

Tetranitrate 10:12 am 24 Jun 13

chewy14 said :

What’s stopping you buying electricity from another company?
Basically you’re whining that a private company has decided to spend some money on its employees. Would you prefer they get a bigger pay rise instead?

ACTEW is not a private company, it’s wholly owned by the ACT government. Given this, people have a right to be annoyed as the money being misappropriated is pubic money that would otherwise be paid to the ACT government in the form of dividends, and be spent on roads, schools, nurses (and probably public art).

beardedclam 10:09 am 24 Jun 13

c_c™ said :

bundah said :

$300,000 for approx 1500 staff and their partners equals $200 per head.That’s my kinda party ActewAGL here I come!

Have you ever organised catering for events?

I can tell you that a basic warm canapé service will set you back around $30-40pp, alcohol another $30pp.

3 courses plus drinks per person is well over $120.

That’s just the food itself. Add catering (equipment + service) and it’s very easy to reach $200pp.

Horseshit!! Are you serving endangered legless lizard legs or something? I am in event management and you are getting screwed if you are paying that. A party for ACTEW workers would be cheap, ACTEW can pay me the cash, and I will organise it.

miz 7:17 am 24 Jun 13

It’s BYO milk at my Department . . . and electricians buy their kids presents from the earnings called ‘income’, not from the portion called ‘tax deductible company expenses’ or ‘slush bucket’.

p1 7:13 pm 23 Jun 13

scentednightgardens said :

Taxes are used to put milk in fridges in Cth workplaces. ….

Where does that happen? I’ve obviously worked for all the wrong departments.

54-11 12:50 pm 23 Jun 13

Mr Evil said :

54-11 said :

s396 said :

… a girl with a whip…..

I want a job at Actew.

What if the girl with the whip is Katy Gallagher, and she wants Sullivan’s $234 000 back: are you still interested now????

Salivating already…

Mr Evil 9:53 am 23 Jun 13

54-11 said :

s396 said :

… a girl with a whip…..

I want a job at Actew.

What if the girl with the whip is Katy Gallagher, and she wants Sullivan’s $234 000 back: are you still interested now????

scentednightgardens 9:25 am 23 Jun 13

1. That was a so-called “resignation” after his position became untenable after a meeting with the 2 shareholders. The “resignation” was just to save face.
2. Yes, I used loose language about under-reporting of the $855,000 salary
3. So, where does the $300k come from? If not direct from us, then indirectly somehow. There will be some accounting sleight-of-hand, but in the end, we all pay for this obscene largesse.

My point remains – Costello and Sullivan do not give a rat’s arse about the people at the end of the chain, those that have to pay for all this. Greed, greed and ever more greed, at our expense. They have a monopoly and abuse it.

But he did resign – maybe a victory for accountability? Salary under reported yes, but maybe a clumsy but honest mistake. Is that inconceivable? Bank fees go some way to pay for the Commonwealth Banks Christmas party. Your electrician buys his kids Christmas pressies with the rate he charges you. Taxes are used to put milk in fridges in Cth workplaces. Institutions are free to disburse their revenue as they like in accordance with the laws of the land. Were fortunate that our local monopoly utility manages to be seemingly generous to its workers (from the top down apparently!!) yet sell us power at a national bargain rate. Move to Yass – they have ‘competition’ – and bills that would make a Canberran’s eyes water….

chewy14 1:12 am 23 Jun 13

54-11 said :

MonarchRepublic said :

Did you actually read the article that you linked to?
*John Mackay resigned
*Mark sullivan’s salary OF $855k was under reported BY $234k
* senior commissioner from the ICRC was quoted as saying the cost of the party did not influence electricity prices

Still does not look good, but don’t debunk your own argument by incorrectly reporting facts.

note – I am in no way affiliated with ActewAGL or ACTEW.

1. That was a so-called “resignation” after his position became untenable after a meeting with the 2 shareholders. The “resignation” was just to save face.
2. Yes, I used loose language about under-reporting of the $855,000 salary
3. So, where does the $300k come from? If not direct from us, then indirectly somehow. There will be some accounting sleight-of-hand, but in the end, we all pay for this obscene largesse.

My point remains – Costello and Sullivan do not give a rat’s arse about the people at the end of the chain, those that have to pay for all this. Greed, greed and ever more greed, at our expense. They have a monopoly and abuse it.

What’s stopping you buying electricity from another company?
Basically you’re whining that a private company has decided to spend some money on its employees. Would you prefer they get a bigger pay rise instead?

DrKoresh 12:54 am 23 Jun 13

miz said :

The last work party paid for by the (private, American) company I was invited to was in the ‘greed is good’ 1980s. It appears that Mr Costello et al are still in that mindset. These days most workplaces have ‘user pays’ Xmas Parties arranged by staff.

It is seriously concerning that he spat the dummy over this. Frankly, diddums, and wake up to the real world Mr Costello.

At Flatheads we just used to use to tip jar money for the year to pay for the Christmas party, which was a pretty fair way to go about it, IMO. That being said I reckon we’d be lucky to spend $300 all up on those, nowhere near 300k.

MonarchRepublic 11:57 pm 22 Jun 13

54-11 said :

MonarchRepublic said :

Did you actually read the article that you linked to?
*John Mackay resigned
*Mark sullivan’s salary OF $855k was under reported BY $234k
* senior commissioner from the ICRC was quoted as saying the cost of the party did not influence electricity prices

Still does not look good, but don’t debunk your own argument by incorrectly reporting facts.

note – I am in no way affiliated with ActewAGL or ACTEW.

1. That was a so-called “resignation” after his position became untenable after a meeting with the 2 shareholders. The “resignation” was just to save face.
2. Yes, I used loose language about under-reporting of the $855,000 salary
3. So, where does the $300k come from? If not direct from us, then indirectly somehow. There will be some accounting sleight-of-hand, but in the end, we all pay for this obscene largesse.

My point remains – Costello and Sullivan do not give a rat’s arse about the people at the end of the chain, those that have to pay for all this. Greed, greed and ever more greed, at our expense. They have a monopoly and abuse it.

1 – none the less, officially a resignation, so at least ‘sacked’ should have been in inverted commas
2 – your loose language equates to a $621k over-representation of the variance in Mr Sullivan’s salary. To someone not already familiar with the story, it sounds more like someone trying to artificially create anger in people, Alan Jones style. If I read into this too much, I apologise, however that is what I saw.
3 – I never said the didn’t $300k technically come from us. I was pointing out that it was not Mr Costello that made the claim, and that the electricity prices set by the regulator, did not factor in such costs. Where the money would come from, I don’t know. However, for example, whilst I do not know their cash situation, a savvy treasurer could probably make that sort of money on the money market, using spare cash-flow, with relative ease.

I did not set out to contradict your message, I simply felt your wording and approach made you look more inflammatory than credible. The facts still don’t look great for them, and cancelling was wise.

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