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Showing 1 - 10 of 13 results for "Fair Work Ombudsman"

Commonwealth Bank slapped with $10.3m fine for wage theft

ANDREW MCKEAN  |  FRIDAY, 16 FEB 2024
... what it was doing but refusing to acknowledge that its employment practices amounted to wage theft until the Fair Work Ombudsman became involved. "This is one of the largest cases of wage theft yet detected in Australia and one which should be of concern ...

ASIC renews leadership team

CHLOE WALKER  |  FRIDAY, 18 AUG 2023
... O'Shea has been appointed as senior executive leader, enforcement inquiries and compliance. He joins from the Fair Work Ombudsman with over 10 years' experience as an enforcement regulator. Within the regulation and supervision team, senior executive ...

Suncorp wage scandal comes to a head

ANDREW MCKEAN  |  FRIDAY, 9 JUN 2023
Suncorp has signed an Enforceable Undertaking with the Fair Work Ombudsman and reimbursed its staff with a back-payment of $32 million, inclusive of interest and superannuation. Suncorp underpaid nearly 16,000 employees between May 2014 and March 2022. ...

Commonwealth Bank profit nears $10bn

CASSANDRA BALDINI  |  WEDNESDAY, 10 AUG 2022
... over BBSW, another related to its New Zealand subsidiary ASB Bank. It is also working on a matter with the Fair Work Ombudsman and other inquiries with APRA and ASIC.

Unpaid super tops $5bn per year: ISA

JAMIE WILLIAMSON  |  THURSDAY, 28 OCT 2021
... the ATO is unwilling or unable to recover workers' savings the law should be changed so that employees, the Fair Work Ombudsman, and others acting on behalf of workers can," ISA said. ISA is also calling for greater enforcement activity and for the ATO ...

CBA completes review, sued by FWO

ANNABELLE DICKSON  |  TUESDAY, 12 OCT 2021
... made are sustained and continuously improved." However, the storm isn't over for the bank as it was the Fair Work Ombudsman (FWO) alleges CBA and CommSec contravened the Fair Work Act for failing to pay 7425 workers about $16.44 million in wages. ...

Australian Unity owes staff $4.3m

KARREN VERGARA  |  WEDNESDAY, 25 NOV 2020
... disability services. In FY20, it contributed $496.4 million in revenue to the group. The firm has notified the Fair Work Ombudsman of the findings. The $4.25 million estimate does not include superannuation or the interest on wages and entitlements ...

BOQ expects to back pay $11m in SG

KARREN VERGARA  |  WEDNESDAY, 30 SEP 2020
... completes a broader external wage analysis and review for enterprise agreement employees." It has advised the Fair Work Ombudsman and the Financial Services Union of the errors, and engaged external third parties to assist with the analysis and remediation ...

Suncorp wealth head departs

HARRISON WORLEY  |  MONDAY, 11 MAY 2020
... to offer my sincere apologies to those who may have been affected." The bank has reported the issues to the Fair Work Ombudsman and tapped Deloitte to help it deal with the issue.

CBA underpayments reach $53 million

ELIZA BAVIN  |  MONDAY, 16 DEC 2019
... and, where applicable, superannuation," Comyn said. The underpayments were self-reported by the bank to the Fair Work Ombudsman in February this year, with CBA working closely with the ombudsman as it conducts its own investigation into the matter. The ...
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