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15.11.2020
Industrial award system ‘out of control’
The chairman of Woolworths has apologised for a $500 million staff underpayment scandal. Gordon Cairns said that the “out of control” industrial award system is partly to blame for the underpayment, according to a report by The Australian Financial ...
08.11.2020
WHSmith repays more than $2.2 million to underpaid workers
WHSmith has paid back more than $2.2 million it owed to workers who were underpaid, and has agreed to an Enforceable Undertaking with the Fair Work Ombudsman after failing to provide employees the entitlements they were owed. As of the beginning of ...
08.11.2020
National Library signs Enforceable Undertaking
The National Library of Australia has entered into an Enforceable Undertaking (EU) with the Fair Work Ombudsman after underpaying employees almost $250,000 in wages and superannuation. The public Commonwealth entity, based in Canberra, self-reported to ...
08.11.2020
Accessing salaries in advance: Australian fintech secures $4m of Series A
Australian fintech Beforepay has today announced the successful completion of its AU$4 million Series A capital raise. The round, which closed in nine days and was oversubscribed, brings the total amount raised this year to over AU$6 million. The AU$4m ...
08.11.2020
PayGroup reveals Payroll HQ buyout
Listed HCM company PayGroup (PYG) as announced a $2.5 million, full-scrip buyout of payroll specialist Payroll HQ PayGroup will pay the $2.5 million by issuing just over 4.1 million shares On top of this, the company may need to pay another $1.3 million ...
01.11.2020
Former Sydney restaurant operators penalised
The Fair Work Ombudsman has secured court penalties of $119,200 against the former operators of the Blue Moon Restaurant in western Sydney who underpaid an Indian employee more than $150,000. The Federal Circuit Court has ordered Rekha Thakadiyal Joseph ...