NO ONE likes to see another local business go under, but it’s even worse in the circumstances of Bale.
Bale Resort will no doubt reopen again soon and many of the 30 or so employees may even get their jobs back, but the chances of them seeing a dime for at least the last two weeks is close to non-existent.
The directors of Port Douglas Resorts, which owns the management letting rights to Bale, must have known they were in trouble a few weeks ago.
It appears the company’s situation has been dire for many months, yet they chose the day before staff were due for their fortnightly pay to inform them that they could pack their bags because the resort was folding under their ownership.
Many of these staff members were the same people who, after Cyclone Yasi, worked many back-breaking hours clearing debris to ensure the resort could re-open again as soon as possible.
Is this really what the world has come to? Unfortunately it is. It has been played out around the globe time and time again and will occur many more times in the not too distant future.
Having it happen in our own backyard, when many people know someone immediately affected, just rams it home harder.
No one can blame Port Douglas Resorts for going bust or at least being on the precipice, but they have shown little respect for their employees.
In fact, the head chef and restaurant manager were still unaware of their fate last night as they are overseas and their mates have been unable to reach them.
The prospects of anyone owed money by the failure of Bale recovering any of the oustanding amount appears slim as Bale was the company’s only asset property.
If the company is liquidated the management rights will revert to the body corporate which is not responsible for any outstanding amount.
A couple of weeks wages might only be a small amount to some people, but for many others it is the difference between paying the mortgage and begging for help. If the writing has been on the wall for the company involved, the least it could have done was inform their staff of the situation before they lost the lot.