Pretty big after the 4-Corners interview the other night.
Woolworths CEO Brad Banducci to Retire in September
HamBoi69 on 21/02/2024 - 10:22
Last edited 21/02/2024 - 10:42 by 1 other user
Last edited 21/02/2024 - 10:42 by 1 other user
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I'm submitting my resume as we speak.
for ceoship?
Anyone who thinks the Australia day decision was anything more than financial is kidding themselves. It was turned political by the media.
You said you weren't a RWNJ but you're using words that have been demonised by those types.
"cancel", "virtue signalling". Just waiting for you to use "woke" next.
Sure it was a media beatup, re the merchandise.
But still, there is a core of truth. Supermarkets, more than any other shops, exploit every holiday there is for sales promotion. You see signage and displays for everything from Christmas and Easter (months ahead), mothers day, chinese new year, anzac, naidoc …
The complete lack of any recognition of Australia Day was very conspicuous, and a political decision. They belatedly set up tables with Australian flags, pavlovas and vegemite.
They were advertising Australia Day with food not plastic junk. The Coles merch was heavily discounted afterwards and they didn’t say it was for Australia Day either.
Frankly it isn’t a very old holiday. I suspect a day that actually has something to do with Australia rather than England and NSW will, eventually, be selected. Let’s go for January 2nd to celebrate Federation and we get two public holidays in a row. With a couple of extra days you get the whole Christmas to New Year off. Can’t find anything more Australian than that.
@try2bhelpful: How does January 26th not have something to do with Australia? It's literally the day the Brit's came to stay. Yes, there are other potential dates for "Australia" in terms of the federated states rather than the establishment of the colony of NSW, but to say the day has nothing to do with "Australia" is incorrect. Without the formation of NSW on Jan 26th, you don't have the formation of "Australia" on Jan 1st.
@Chandler: If you want to find a date of English “discovery” then go back to Captain Cook. The country wasn’t even officially called “Australia” when this ceremony occurred. If you do some Googling there are many other dates that would be more significant as “Australia” day than this one.
I’m not saying we shouldn’t celebrate Australia Day this just isn’t the day to do it. Frankly it is incredibly cringeworthy how we refuse to get beyond our English backstory. No wonder the Barmy Army sings “get your shit stars off our flag”.This would be like the Americans celebrating when the Poms started using them as a penal colony rather than when they booted them out.
If you do some Googling there are many other dates that would be more significant as “Australia” day than this one.
If you know them, name them.
If you want to find a date of English “discovery” then go back to Captain Cook
Discovery doesn't mean claiming it.
@CurlCurl: Interesting notes
The claiming of the east coast of Australia for England actually happened at Possession Island off the coast of Queensland by Captain Cook. The entire coastline was not “discovered” in its entirety until Matthew Flinders thirty years later. It is believed that the Chinese were the first to set foot in Australia ( after the First Nations people). This was 350 years before Cook.
@try2bhelpful: I didn't say discovery - I said "the day the Brit's came to stay", i.e. the date the First Fleet landed, which was on January 26th, 1788.
No, the country wasn't officially called Australia for quite some time (looking at Wikipedia this looks to be in 1824). But are we arguing the date the holiday is on or the name of it? Again, looking at Wikipedia the day was celebrated from as early as 1808, a good 16 years before the country was officially called Australia (which may explain the various names the day had around the country). If we follow the "wasn't even officially called "Australia" when this ceremony occurred" to a logical conclusion, does that mean that if you change your name you should change your birthday to that date?
Now having said all this, I'm not making these arguments as against changing the date, I'm actually for changing it. But to make false or bad arguments in a case for changing the date doesn't help those of us wanting for the date to be changed.
As if to prove my point, the Americans celebrate Independence Day (the date they booted out the British) whereas we celebrate Australia Day (the date the Brits landed here).
@Chandler: My issue is we aren’t celebrating Australia on that day. Call it “the English raising an English flag in NSW” day then; I’m sure that will catch on. It isn’t even the day the Brits landed; that is when Cook and the crew of the Endeavour stepped foot on the shore. The 1808 was called "First Landing Day" or "Foundation Day". Not Australia Day.
It isn’t a false argument. The current day commemorates a date when a bunch of English people raising an English flag in front of English convicts in NSW. That is just the facts. We need to look at the alternatives and find one that truly commemorates Australia. If Federation wasn't on January 1st that is, probably, the date we would be commemorating for Australia Day but there is no way we would give up a public holiday. That is also a fact.
I suspect we will change the date to something more suitable because the current date is losing support. I don’t know anyone who has an Australia Day get together anymore. I’ve lived through the change in currency and the change in the National Anthem. I, suspect, I will live to see a change in Australia Day and the Flag. I might even see us become a Republic. We are a multicultural stand-alone society. We don’t need to suck up to the Poms anymore.
@try2bhelpful: When you say "we aren't celebrating Australia on that day" are you referring to what is actually being celebrated, in which case I disagree, I believe most people are celebrating Australia; or are you referring to what the date is related to, in which case I agree - Jan 26th has no real relevance to modern Australia apart from being the day the "Brits came to stay".
The current day commemorates a date when a bunch of English people raising an English flag in front of English convicts in NSW. That is just the facts.
Yes, those are the facts. But when do you celebrate your birthday - the day you exited your mother's womb, or the day you were officially named, or the day your birth was registered? Most people celebrate the day they exited their mother's womb: your birth day. Jan 26th is "Australia's" birthday. Yes, it wasn't called Australia at the time; yes, lots of things have happened and changed since then, and no we didn't call it "Australia" then; but it was the first day of "Australia"'s (the colonised country, not the name) existence. That is a fact.
We need to look at the alternatives and find one that truly commemorates Australia. If Federation wasn't on January 1st that is, probably, the date we would be commemorating for Australia Day but there is no way we would give up a public holiday. That is also a fact.
Agreed.
I don’t know anyone who has an Australia Day get together anymore.
Generally have a lunch/BBQ with extended family
I, suspect, I will live to see a change in Australia Day and the Flag.
Australia Day: I'd say so. Flag: my immediate response to that is that I hope not. Too tied to our (modern) identity: ANZAC, etc. But that is just my opinion, and it is subject to change.
We don’t need to suck up to the Poms anymore.
I wouldn't say we do, but that's me…
@try2bhelpful: Just to set the record straight - the First Fleet arrived in Botany Bay on the 18th, 19th and 20th January, but it wasn't deemed ideal, being too open, so the Fleet moved again to Sydney Cove on 26th January. However the English flag was first planted on the 7th February 1988 - THAT is the fact.
So 7th Feb could be an alternative date acceptable to both sides of the debate.@miwahni: January 26, 1788: Governor Phillip rows ashore at Sydney Cove, inside Sydney Harbour, and again hoists the Union Jack, following Captain Cook’s flag raising.
January 26, 1949: The National and Citizenship Act 1948 is proclaimed. This was the first day we all became Australians. Before that, all citizens, including Aboriginals, were “British Subjects”.
1990: Based on the date of The National and Citizenship Act 1948, an initiative of NSW Liberal premier Nick Greiner and Labor prime minister Bob Hawke gained the agreement of all states to hold January 26 as Australia’s National Day and a public holiday.
Ultimately Australia Day is doomed because nowadays there too many non-Anglo migrants who resent the imposition of Anglo history (as evidenced particularly by this forum, which is majority first-second gen migrant).
@CommuterPolluter: Should non-anglos have a say? They aren't exactly improving the country at the same rate.
@try2bhelpful: We are still a part of the Commonwealth, it seems like the only date that will be suitable is when we leave the crown.
@dmac: I'll have to see if I can find it (or maybe someone in this thread will find it for me haha) but I did find some sensible alternative dates last time I got invested in a thread on here about changing the date.
@try2bhelpful: If you really want to be apolitical and very Australian about it then make it May8 (Mate). Mate Day is the best Australia day date i think for all of us to appreciate our love and appreciation for being here and being Australian.
@Waltervp: A tad cheesy but pretty funny. Sort of May the 4th for Star Wars fans. Personally I would prefer it was about Federation or to commemorate the referendum on Indigenous people.
@Waltervp: I like the suggestion, but it is a bit close to a few other public holidays:
- ANZAC Day
- AGFEST (TAS)
- Labour Day (QLD) / May Day (NT)
- Reconciliation Day (ACT)
Chinese new year 2024 they went mad over it.
Nonsense, if there was good money to be made they would be selling it.
They literally sell shelf space, it was purely financial
Invasion?
Has nothing to do with Australia Day and everything to do with him allowing the government and the news to openly talk about the crazy high prices they charge, and proving he had lost control over the topic with his disastrous interview. A better CEO would not have allowed things to get as far as senate enquiries and headlines about cost of living crisis. The Woolies insider who told Four Corners about the secret rebates they get from suppliers when they jack up prices.
I think it was, always, going to end up in a senate inquiry. The supermarkets are something people deal with everyday so what they are doing is going to be high profile in a "cost of living crises" time period. It will be interesting to see what comes out from the inquiry.
"comes out from the inquiry"
I'm betting on not much
.@Nugs: Actually there might. The inquiries into the Casinos is uncovering a lot of dirt. There will, certainly, be some very pointed questions asked.
How much Australia Day merch did you buy from
Coles @jv?
I mean the chatter over price gouging is only getting louder. Leave now and hopefully keep your reputation in tact, the next person is going to have to fall on the sword.
Leave now and hopefully keep your reputation in tact
Too late for that after yesterday… 🤣🤣🤣
Godspeed
Woolworths share price has roughly doubled over his tenure as CEO (and presumably has paid decent dividends over that time)
Considering his role as CEO is to make high level decisions that deliver value for shareholders he has been successful. We should be grateful for his contributions to our superannuation portfolios.
If you don't like being ripped off at the supermarket, shop at Aldi or vote for government that will promote competition in that space.Considering his role as CEO is to make high level decisions that deliver value for shareholders he has been successful.
But from a public relations perspective, he has been a failure…
shop elsewhere
I did, all of Jan.
@jv: Yes you have. It made little change to Woolworths bottom line, as shown by the increased profit, but fed into your sense of outrage.
It made little change to Woolworths bottom line
It made a significant impact in January.
What you mean the profits going up?
Nope, they were less than they were forecasting compared to their competitors.
Profits were still up.
but significantly less than expected as customers shopped more at Coles.
@jv: You have proof of that? So what are the equivalent figures for Coles? Forecasts can be off for a number of reasons, particularly in the current climate. If selling the plastic tat was so beneficial to Coles they would’ve run campaigns on it and not had to heavily discount it. The displays I saw in Coles emphasised it was for sporting events and Summer. No mention of Australia Day at all.
So your virtue signalling by shopping at Coles was particularly pointless. However, as I’m a shareholder in Coles I’m happy for you to shop there. You couldn’t have shopped at ALDI because they dropped the tat as well. Unless you missed that and your virtue signalling was completely lost.
@jv: Don't worry JV, I made up for you by only shopping at WW during Jan.
Just to be contrary to the pathetic media circusI made up for you by only shopping at WW during Jan.
You were free to do so, but you were in the minority…
@jv: That comment is just hilarious. If the people buying from Woolworths were in the minority then the profits would not have gone up.
@jv: So you bought your Australia Day dog-whistles from Coles for a month, and brought Woolworths to its demise as a result.
Cancel culture in action
So you bought your Australia Day dog-whistles from Coles for a month,
No, bought napkins, table cloth, party cups etc. for our Australia Day BBQ party with the neighbours.
Any we only drank Australian beer…@jv: Virtue signalling again. Celebrating a pommie guy, raising a pommie flag, in front of pommie convicts in NSW by buying tat manufactured overseas. Did you confirm whether the companies selling your Aussie Beer had a significant number of overseas investors?
Did you enjoy desecrating our flag by whiping your face with it then throwing it into landfill?
@jv: No, frankly I bought a clue quite some time back. It would be helpful if the virtue signallers stirred up by Murdoch Media did as well.
It would be helpful if the virtue signallers stirred up by Murdoch Media did as well.
So you're suggesting Banducci reads the Murdoch press then?
@jv: I don’t know what he reads. I’m talking about virtue signallers like you. A small number of people who decided to boycott Woolworths for a month and think it will make a difference. They base their shopping decision on something as ludicrous as this rather than where the best value is. Their selections were very restricted because a bunch of other places wouldn’t sell the tat either.
Frankly, the reason for the date is ludicrous. Objecting to someone not selling overseas tat is ludicrous. Going to an alternate Supermarket that didn’t advertise its tat as Australia Day merchandise is ludicrous. And using the Australian flag as disposable landfill items is disrespectful.
By any objective standard I respect Australia far more than you do. I have no objection to celebrating Australia day but it isn’t by buying tat or celebrating a Pommie event in NSW.
Objecting to someone not selling overseas tat is ludicrous
He's a hypocrite.
Selling lots of plastic crap for Halloween, Xmas, Diwali, Easter…
@jv: That people buy and make profitable. The Australia day tat wasn’t even that. However, none of those things is celebrating “Australia” is it?
However, none of those things is celebrating “Australia” is it?
They are products people choose to buy to celebrate Australia Day.
@jv: Not doing a great job. They aren’t even supporting an Australian company and they are desecrating the flag. I wonder how many people who object to the flag being burnt have no trouble throwing the paper plates, or napkins, on the campfire afterwards?
have no trouble throwing the paper plates, or napkins, on the campfire afterwards?
clutching at straws now… 🤣🤣🤣
@jv: Virtue signallers like you don’t have the perspective to see that. You didn’t refute anything I said.
Virtue signallers like you
I'm not one, regardless of what you say and think…
Banducci definitely is one and showed that he was in the interviews he gave about the topic.
@jv: Nah mate. Your little protest did nothing but make you feel virtuous about yourself. If the rightwing shock jocks hadn’t got you all stirred up you probably would’ve been ignorant of what the Woolworths chief said. How about boycotting Murdoch media for the patriarch ditching his Australian citizenship? It would be equally as useless but you might improve your own sources of information.
but make you feel virtuous about yourself
Nope… I just chose to buy my groceries from Coles.
@jv: To make a financial statement.
He did say the date was controversial, which is also true. That isn’t virtue signalling either just stating a fact.
To make a financial statement.
Nah, he changed that story during the interviews about the issue…
He lost all credibility, and it was the beginning of the end for him.
@jv: He pointed out the date was controversial, which is true. Why would anyone get upset about that?
Let’s face it the shock jocks who got their knickers in a knot about this have no credibility anyway. However, they don’t care because it makes them a lot of moolah.
He pointed out the date was controversial, which is true.
So he decided to take sides…
https://www.google.com/finance/quote/WOW:ASX?sa=X&ved=2ahUKE…
@jv: If he was doing something that was effective then he wasn’t virtue signalling. He made a Commercial decision that also acknowledged an issue. If he continued to sell the tat, especially if it wasn’t Commercially viable, then he would’ve taken a side as well.
@try2bhelpful: You obviously didn't listen to them….
He got 'caught out' several times… and when he gets called out on it, he has a hissy fit…
@jv: If he had looked at the Commercials and decided to still sell the tat that would’ve been virtue signalling. He chose a commercial stance and topped it with acknowledging it was controversial day. In fact the opposite of virtue signalling because one reinforced the other.
He pointed out the date was controversial, which is true. Why would anyone get upset about that?
Not controversial to me. Only to the woke mob.
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The only price that will be going down at Woolies will be their shares lololol