Supporting the ABCC, improving business productivity and attracting more women into the building industry are among the top priorities for new Master Builders Australia chief executive Denita Wawn, who will take over the top job from Wilhelm Harnisch later this month.
A new report reveals that while increasing the proportion of an organisation's female managers reduces the gender pay gap, it perversely blows out again when the majority of senior positions are held by women.
The Turnbull Government has introduced legislation to extend responsibility for deliberate and serious underpayments to franchisors and holding companies, in the wake of the problems exposed at 7-Eleven.
Employment Minister Michaelia Cash is trying to drum up public support from business and employer groups for the Fair Work Commission's landmark decision to cut Sunday penalty rates for some retail and hospitality workers.
Opposition Leader Bill Shorten has reiterated that Labor will reverse the FWC's "bad" decision to reduce weekend penalty rates if Labor takes power at the next federal election, while the ACTU's next secretary is calling for unions to join her in stopping the penalties changes "dead in their tracks".
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.
