Rio Tinto has agreed to sell its NSW coal interests – including the Coal & Allied operations that were at the centre of the late 1990s battle of the IR "titans" – to Chinese interests for $3.2 billion ($US2.45 billion).
An appeal court has reduced the $3m severance and bonus payout awarded to an investment bank chief executive dislodged after a global takeover, while it has granted the bank's head of global markets an exit payment of almost $400,000.
As Parliament prepares to rise for the year, the Turnbull Government has introduced legislation containing the provisions removed from the Fair Work Act amending legislation that came into effect last week.
The Federal Circuit Court has questioned why the FWBC chose not to prosecute the director of a phoenixed bricklaying company that failed to pay correct pay and entitlements to several "daily hire" workers.
FWC rules it has no jurisdiction to hear stand-down case; Linfox's 11th-hour offer avoids finding that alternative jobs not suitable; FWC delivers on pizza chain's transfer of business; and Full bench overturns changes to modern health award.
