Monday 30 September 2019

"Lie back and think of England" - Aurora's at it again

 
 


Big salary hikes at under-performing Dunedin council-owned company 


A council-owned lines company has been described as a "train-wreck" as its costs and salaries balloon – but there may still be worse to come for customers.

It has been three years since Richard Healey turned whistleblower, exposing the perilous state of power poles and ageing infrastructure across Otago.   
------(continued after Richard Healey's facebk comment)....
https://www.stuff.co.nz/business/industries/116156058/big-salary-hikes-at-underperforming-dunedin-councilowned-company
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Richard Healey:

The price rise will be phased in over time - but stay in place forever. It's huge. The Commerce Commision and the politicians don't want to scare you too much - they hope you'll sleepwalk into paying double your current line charges. If you are in Alexandra or Wanaka you will likely end up paying about a thousand dollars a year more for your electricity - at a time when other companies are being told to REDUCE their prices by as much as 30%
How quickly will the rises come? The Commerce Commision have already signaled rises that total 52% over four years, 61% over five - but that's BEFORE the extra price rises that Aurora have applied for.
The AVERAGE salary increase at Aurora in the last year was 18.8%.
All this to fix a situation that Aurora board chair Steve Thompson described as a problem of perception!! The same guy who chairs the Board of Alpine Energy - the company that the Timaru newspapers tell is is under investigation by the office of the Auditor General.

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 Big salary hikes at under-performing Dunedin council-owned company


Aurora Energy chief executive Richard Fletcher says the company had to increase wages to "employ and retain highly skilled and qualified specialists".