Home » News » Qantas CEO’s $19m house TP’d and egged as REX reveals acquisition interest

13 July, 2022

Qantas CEO’s $19m house TP’d and egged as REX reveals acquisition interest

The whirlwind of wild Aussie aviation news continues apace, with Alan Joyce’s harbour front home receiving an egging while REX confirms it’s looking to acquire a fly-in-fly-out carrier.

A $19 million property owned by the Qantas CEO in Sydney’s Mosman was left covered in eggs and toilet paper on Monday, according to News.com.

Joyce and his husband Shane Lloyd relocated to the six-bedroom home after purchasing it in May, leaving behind their apartment in the Rocks.

It is not currently known who may have been behind the attack and police have not revealed any leads.

The national carrier has been facing widespread criticism over its treatment of workers during the pandemic, most recently offering a one-off bonus of $5,000 for employees, but only if they don’t take part in “any action that harms Qantas or a Qantas Group company”.

Aviation unions have slammed the bonus offer, labelling it a tactic to pressure workers into accepting ‘wage freeze’ deals that will result in long-term damage to their wages, conditions and superannuation.

Qantas CEO Alan Joyce’s Mosman home (Tim Hunter via News.com)

The unions called for the $5,000 ‘thank you’ payment to be paid to all workers without conditions attached, including the 2,000 workers the TWU said were illegally sacked by the airline during the pandemic.

As a result of the outsourcing, workers never received the previous conditional bonus that was also tied to enterprise agreements following the last unilateral wage freeze imposed by the airline.

Over a year later, almost half of the outsourced workers are still struggling without a permanent job, according to a TWU survey released this week.

Of the half who have managed to get a job, only a quarter were able to remain in aviation, 43 per cent had to retrain or reskill and 70 per cent are now worse off.

Meanwhile, Regional Express (REX) has responded to reports that it is interested in acquiring Cobham Aviation’s fly-in-fly-out operations, confirming that it has thrown its hat in the ring.

The regional airline said in an ASX release that it is one of the “interested parties” involved in the acquisition process, though no agreement has been reached.

REX issued a trading halt on the ASX this morning, pending an announcement, so stay tuned.

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