Time for a cartel rewards rethink?

If the ACCC wants more whistleblowers, they might have to push a lot harder for whistleblower reward legislation. I acted for a whistleblower in a major corporate corruption matter (not an ACCC matter but rather a NSW Police matter) and based on my experience there is simply no rational reason for an employee to blow the whistle on illegal conduct (unless of course they are involved in the illegal conduct up to their neck and are blowing the whistle to save their own skin!).   If regulators want "clean skin" whistleblowers to come forward, the only way to encourage them is by offering a reward.  Why else would a clean skin decide to blow the whistle? Not only is blowing the whistle extremely stressful, but the employer will look for any devious means of getting rid of the whistleblower, the whistleblower's colleagues won't trust and won't want to work with the whistleblower anymore and the relevant law enforcement agencies will more than likely forget about the whistleblower as soon as they have secured the whistleblower's evidence! The ACCC should follow the lead of the UK Competition and Markets Authority which is offering rewards of up to £100,000 to whistleblowers for evidence of a cartel.

https://www.smh.com.au/business/consumer-affairs/top-watchdog-seeks-out-new-whistleblowers-20180724-p4ztcx.html