Thursday, March 10, 2016

Coles subcontractor underpaid trolley collectors by $220000 and other top stories.

  • Coles subcontractor underpaid trolley collectors by $220000

    Coles subcontractor underpaid trolley collectors by $220000
    Bhupinder Singh was a trolley collector who was underpaid $90,000. Picture: Kelly Barnes/The AustralianTHEY perform one of the lowest paid, but essential jobs that keep our supermarkets running like clockwork. But Coles trolley collectors have been getting paid as little as $5 an hour, in an exploitation scandal that has seen the supermarket giant lashed by the Fair Work Ombudsman.Fair Work Ombudsman Natalie James told the Australian it was time for big business to stop turning a blind eye to un..
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  • ASA calls for royal commission in wake of CommInsure scandal

    ASA calls for royal commission in wake of CommInsure scandal
    Video will begin in 5 seconds. 'The conduct of this bank is anything but ethical.' Lawyer Michael Bates says the CommInsure claims are 'certainly the biggest thing IĆ¢€™ve heard as a litigation lawyer.' PT1M23S 620 349 The peak body representing retail shareholders in Australia has called for a royal commission into the insurance sector and urged the Commonwealth Bank of Australia to "start taking ethics seriously" after a scandal within the bank's insurance arm CommInsure.The ..
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  • Supabarn shoppers promise boycott of Coles as ACCC clears way for Coles purchase

    Supabarn shoppers promise boycott of Coles as ACCC clears way for Coles purchase
    Supabarn shoppers say they will boycott Coles when the chain takes over three Supabarn stores in the national capital, with some speculation it could move in as early as June.Shoppers were angry and devastated on Thursday by news the Australian Competition and Consumer Commission had cleared the way for Coles to buy the Supabarn stores at Wanniassa, Canberra Centre and Kaleen in the ACT and Five Dock and Sutherland in NSW. The Crace, Kingston and Casey Supabarns will not not be sold. Belin..
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  • It's on Defence's head: FIRB chairman on Darwin Port

    The top official for vetting foreign investment was so concerned the Port of Darwin would be leased to a Chinese company that he asked three times for the Department of Defence and intelligence agencies to consider the national security implications "at the highest possible level".The Foreign Investment Review Board (FIRB) and the Department of Defence are under scrutiny over the Northern Territory's decision to lease the port to Landbridge, which has links to the People's Liberation Army, and..
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  • More strikes loom for Melb train network

    More strikes loom for Melb train network
    Train strikes could again hit Melbourne with pay talks stalling between workers and operator Metro. The transport union is preparing to strike for 48 hours after pay talks between Melbourne rail maintenance workers and Metro Trains broke down.The Rail, Tram and Bus Union is pushing for a 17 per cent pay rise for Metro Trains' infrastructure maintenance workers - in line with the pay rise granted to drivers last year - and is preparing for a 48-hour strike.They say Metro has offered them a ..
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  • Clive Palmer's Queensland Nickel workers told Friday will be their last day

    Clive Palmer's Queensland Nickel workers told Friday will be their last day
    Video will begin in 5 seconds. Palmer rescues his own company Clive Palmer invests $23 million to save the jobs of 550 workers at the Townsville nickel refinery. Nine News PT1M34S 620 349 The majority of Queensland Nickel employees have been sacked, with administrators alerting the workforce Friday will be their last day.As one of the north Queensland's largest employers the news will shatter the Townsville community, which relied on the Clive Palmer-owned refinery for both pr..
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  • Rate rigging case a 'credit negative' for ANZ, says Moody's

    Rate rigging case a 'credit negative' for ANZ, says Moody's
    Frank Mirenzi, Moody's vice-president, told Fairfax Media there is no imminent threat to ANZ's credit rating and has been no change to the rating agency's outlook for ANZ. Its credit rating on ANZ remains "AA2 stable". Photo: Bloomberg The corporate watchdog's pursuit of ANZ Banking Group over potential interest rate rigging weakens the bank's credit-worthiness because of the damage to its reputation and the threat of class actions, says Moody's.  The rating..
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  • SurfStitch chair says board obliged to consider offer from CEO

    SurfStitch chair says board obliged to consider offer from CEO
    Surfstitch founders Lex Pedersen and Justin Cameron, who has just resigned as chief executive and is involved in a bid to privatise the company. Photo: Louie Douvis SurfStitch co-founder Justin Cameron and his private equity backers will have to offer at least $550 million to convince the board and shareholders to accept a privatisation bid for the online retailer just 15 months after its $214 million float.The fast-growing action sports e-tailer stunned inve..
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Melbourne swelters through record-breaking overnight temperatures ... .'Respect the heat', ambos warn as autumn heatwave menaces ... .
Turnbull labels 2013 election 'embarrassment' .Melbourne weather: Surprise winds bring unexpected heat blast to ... .

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