The board of QBE Insurance Group has cut the remuneration of its chief executive, John Neal, by $550,000 because of his tardiness in disclosing that he was in a personal relationship with his personal assistant.
RBA Governor Philip Lowe today used a House committee public hearing to restate his view that Australia's recent record of negligable wage growth may be nearing an end, suggesting that an improving local outlook amid a rebounding global economy would see increased pressure on employers to share the proceeds.
The FWC has reduced Sunday penalty rates in the hospitality, retail, fast food and pharmacy sectors and pared-back public holiday penalties in five awards, in a landmark ruling today by a five-member full bench.
The NSW Public Service Association has defied a court order restraining it from organising its members to strike in protest at the State Government's plans to privatise disability support work and will now face substantial penalties in the Supreme Court.
The Retail and Fast Food Workers Union says it has dozens of Bakers Delight agreements in its sights in today's first application to terminate an expired deal it alleges leaves some workers more than $2000 a year worse off than under the award.
Law firm Maurice Blackburn says that after a court judgment today almost 10,000 workers with intellectual disabilities are set to receive more than $100 million in compensation for the Federal Government's alleged indirect disability discrimination when it required that their pay be fixed using its wage assessment tool.
Victoria will conduct gender audits across the state public sector as part of a new strategy to address inequality, sexism and violence against women, while a Senate inquiry majority has rejected legislation to outlaw "pay gag clauses" to reduce the gender-based remuneration gap.
Protracted negotiations over oil and gas agreements in the Bass Strait have moved a step closer to arbitration following the Victorian Government's application to terminate bargaining in the face of looming strike action.