Woolworths boss Brad Banducci was warned he could face six months in prison or a $5,000 fine if he was held in contempt by the Senate for failing to answer questions at the inquiry into supermarket pricing.
I feel like inflation has rather diminished the impact of the monetary side of a contempt finding - $5k just doesn’t have the same impact as six months in prison anymore. It’s like how you see the occasional old sign in lifts warning that smoking can be punished by a (presumably initially impactful) fine of up to $20…
I feel like inflation has rather diminished the impact of the monetary side of a contempt finding - $5k just doesn’t have the same impact as six months in prison anymore. It’s like how you see the occasional old sign in lifts warning that smoking can be punished by a (presumably initially impactful) fine of up to $20…