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Qantas' wings clipped as Woolworths profit soars

Qantas has posted a full-year net loss of $1.73 billion while Woolworths announced a $2.1 billion profit, reflecting the pain and gain the pandemic is serving up to some of Australia’s biggest corporates.

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Wesfarmers admits underpaying Target staff $9m

Wesfarmers has revealed it underpaid staff at its Target stores by $9m, on top of $15m in other underpayments, becoming the latest Australian company caught up in a growing wage theft scandal the shoppies’ union has branded a “full blown epidemic”.

Business

Woolies reveals more wage underpayment

Woolworths has told investors it expects the bill from its wages underpayment scandal to come in at the lower end of the $200 million to $300 million range it previously flagged, even as more cases come to light.