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Commonwealth Bank will hand over as much as $53.1 million it owes staff in unpaid entitlements.
News
More than $300,000 has been returned to cafe and restaurant workers after a tactical Fair Work sting at four capital city food hotspots found 75 per cent of businesses were breaking the law.
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Woolworths has been slapped with an employee class action that alleges its underpayment scandal is far worse than the current $300 million estimate.
Westpac chief executive Brian Hartzer is stepping down and chairman Lindsay Maxsted plans to follow suit, leaving Australia’s second largest bank to respond to its money laundering and child exploitation scandal under new leadership.
Elders’ net profit has slipped 3.7 per cent to $68.9 million, but its suite of new purchases has helped offset drought-ravaged cropping and wool volumes.
NAB will pay a reduced final dividend after its full-year profit dropped 10.6 per cent to $5.1 billion, dragged down by its retail and wealth unit plus $1.1 billion in customer remediation provisions.
Subscribe now and go in the monthly draw* for your chance to WIN a $100 Foodland voucher!
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Subscribe now and go in the monthly draw* for your chance to WIN a $100 voucher!
*Terms and conditions apply