A slice of the action: Workers make top bosses

by Employee Share Ownership on April 19, 2013

9 April 2013 | Fiona Smith, BRW

“…In Australia, despite both sides of politics voicing support for the concept of employee ownership, little has been done to encourage it. We may pride themselves on our egalitarian spirit but, in practice, Jack is only as good as his master when he is off the premises.

Rather than viewing employee ownership as a chance for ordinary workers to get ahead – and for business to benefit – the Labor Party and the Coalition have been more concerned that senior executives use it to avoid paying income tax…”

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