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Showing 361 - 370 of 1653 results for "Workers"

Allianz subsidiary, former portfolio managers charged over massive fraud

JAMIE WILLIAMSON  |  WEDNESDAY, 18 MAY 2022
... also forfeit US$63 million to the government. "Pension funds for so many retirees, religious organizations, and essential workers - from laborers in Alaska, to teachers in Arkansas, to bus drivers and subway conductors here in New York City - invested ...

Westpac reports $3.1bn in cash earnings

ANDREW MCKEAN  |  MONDAY, 9 MAY 2022
... 27% reduction in its costs compared to the second half of 2021. However, this reduction included the axing of over 4000 workers. Westpac chief executive Peter King said that the bank has made steady progress and is making the changes required to become ...

TWUSUPER chair retires after two decades

JAMIE WILLIAMSON  |  THURSDAY, 5 MAY 2022
... funds in the pre-1987, 3% award super era that led the way in spreading superannuation coverage to low- and middle-income workers". "TWUSUPER is a fund that has delivered strong, long term returns to its members across the transport sector," Sherry said. ...

Low wage growth a deliberate design feature: ACTU

ANDREW MCKEAN  |  TUESDAY, 3 MAY 2022
... over the entire term of the Morrison government, real wages have fallen by 2.3%. This is the first time this century that workers' real incomes are lower as they head to the polls than they were the last time they voted. Surging inflation has cut the ...

ATO slammed for failing to collect billions in unpaid super

ANDREW MCKEAN  |  MONDAY, 2 MAY 2022
... reluctance to 'proactively' investigated unpaid super claims has led to it collecting a dismal 15% of what Australian workers are owed." ISA continued stating: "The ATO themselves have admitted that its compliance has next to no impact in reducing how ...

Spirit Super pays tribute to Doug Fry

ELIZABETH MCARTHUR  |  THURSDAY, 21 APR 2022
... benefited from the fund Doug helped establish," Spirit Super chair Naomi Edwards said. "His energy and commitment to Tasmanian workers has built a perpetual legacy, strong today thanks to his foresight, dedication and hard work. "Tasmanians right across ...

Real unemployment far higher than ABS claims: Roy Morgan

ANDREW MCKEAN  |  TUESDAY, 19 APR 2022
... statistics. The findings showed that nearly all the employment growth in the labour market had come from businesses hiring more workers on a part-time basis to cover for isolating employees. These new workers are generally hired on reduced hours. Since ...

Vale Tom McDonald

ELIZABETH MCARTHUR  |  TUESDAY, 19 APR 2022
... Swan said. "Tom McDonald leaves a $3.4 trillion legacy, spread across the retirement accounts of millions of Australian workers. Australians enjoying secure retirements owe a big debt to Tom's industrial leadership. "Very few in public life have made ...

APRA 'digging into' super fund contributions to unions

ANDREW MCKEAN  |  WEDNESDAY, 13 APR 2022
... done some preliminary investigations about payments to unions. Bragg has claimed that superannuation which should be for workers has turned into a sinkhole for unions and banks. In a March press release he said: "It is hard to think of another policy ...

Westpac now an open book on pay

JAMIE WILLIAMSON  |  THURSDAY, 31 MAR 2022
... Equality Authority, the full-time gender pay gap in financial services in Australia is 26.9% while the gap for part-time workers is around 29.5%. On International Women's Day this year, the UK government announced an initiative to combat the gender pay ...