The Cbus superannuation fund found it "incomprehensible" that two senior managers would lie about leaking members’ personal information to the CFMEU, the Heydon Royal Commission heard today.
The ACTU’s Congress has today called for women to receive an extra 2% employer superannuation contribution to make up for their lower retirement balances in comparison to men.
The ACTU will ask the Fair Work Commission for an extra 0.5% in award superannuation to compensate for the Abbott Government's freezing of Labor's scheduled increases to the guarantee levy, in its submission to this year's annual wage review to be lodged on Friday.
The chief executive of the $84 billion AustralianSuper fund has urged unions to ensure that they make industry super funds the default option in enterprise agreements.
Employees should be completely free to choose their superannuation funds, and they should be run by trustee boards dominated by independent directors, according to the Murray financial system inquiry's report.
In a wide-ranging attack on the Heydon Royal Commission, ACTU assistant secretary Tim Lyons has dubbed it as part of a conservative agenda to restrict "organising, industrial action, right of entry, public campaigning, political action and expenditure, litigation, access to arbitration and the right to be self-governing".
A Federal Court full bench has overturned a lower court's interpretation of an employment contract, finding that it had wrongly taken account of the parties' conduct after it commenced.
Labor and unions have slammed yesterday's deal between the Coalition and the Palmer United Party that keeps employers' guaranteed superannuation payments at their current rate until 2021 and scraps the low income contribution in three years.
The NSW Industrial Court has overturned a ruling that 78 Port Kembla coal terminal workers were owed $2.5 million after signing contracts based on employer assurances they wouldn't be worse off under a replacement superannuation scheme.
