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Showing 1 - 5 of 5 results for "Wage theft"

Commonwealth Bank slapped with $10.3m fine for wage theft

ANDREW MCKEAN  |  FRIDAY, 16 FEB 2024
Commonwealth Bank was fined $10.3 million by the Federal Court for its involvement in wage theft which led to $16 million in underpayments to over 7400 workers. The case emerged after the Finance Sector Union (FSU) uncovered the bank's systematic ...

Payday super timing, deliberate: Chalmers

CASSANDRA BALDINI  |  TUESDAY, 5 DEC 2023
... until 2026 is deliberate and will give employers plenty of time to get it right. Unpaid superannuation is equivalent to wage theft. However, the ATO reported there is an estimated $3.6 billion in unpaid super between 2020 and 2021. In response, the government ...

Payday super to boost retirement savings for millions

ANDREW MCKEAN  |  TUESDAY, 2 MAY 2023
... setting the ATO targets for recovery and indicating it would treat the deliberate and systemic underpayment of super as wage theft is the stick needed to stop the small number of employers who intentionally rip their workers off," ISA said. Echoing ISA's ...

Low wage growth a deliberate design feature: ACTU

ANDREW MCKEAN  |  TUESDAY, 3 MAY 2022
... close enterprise agreement loopholes and remove barriers to equal pay, a 5% increase in Award wages, a crackdown on wage theft and public backing of fair pay rises that reflect a fair share of labour productivity growth. On what economists saw as the ...

AMIST criticised for SPC investment

ELIZABETH MCARTHUR  |  THURSDAY, 10 FEB 2022
... South Australia, and has annual revenue in excess of $2.9 billion. Peregrine and the Shahin family have been accused of wage theft and serious violations of workers' rights. In a 2020 decision handed down by the South Australian Employment Tribunal ...
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