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Not bankable: Appeal court slashes chief executive's $3m payout

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.




Billions needed for "just transition" for power workers: Union

The CFMEU's national office is calling on the Climate Change Authority to ensure its policy recommendations to the Turnbull Government ensure a "just transition" for power industry workers who lose their jobs during the phase-out of carbon-intensive coal-fired electricity generation.


RSRT to hear stay bid next week

A Road Safety Remuneration Tribunal full bench will next Tuesday hear four separate applications seeking to delay the start-date of the contractor driver minimum payments order and challenging the likelihood of it improving road safety.




Unions call for "Buffett tax"

The ACTU's executive has endorsed a tax policy that calls for a so-called "Buffett rule" to ensure that high-income earners pay a minimum rate of tax.




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