Australia’s industrial disputes body has concluded union workers likely broke the law during a controversial strike against a major poultry supplier last weekend, even as it refused to issue an order suppressing the alleged behaviour. Workers with the United Workers Union shut downs Ingham’s chicken plants in Western Australia andContinue Reading
Westpac has made a surprise call on interest rates – lowering its forecast that the cash rate will be hiked as high as 4.1 per cent. Instead, the major bank has predicted interest rates will peak at 3.85 per cent and that the Reserve Bank of Australia (RBA) will evenContinue Reading
A prominent Australian building company spanning across three states is “teetering” on the edge of ruin, a top union member has warned. PBS Building, a multimillion dollar firm which does a mix of commercial and residential projects, is in the spotlight after appearing to abandon projects. On Monday, the siteContinue Reading
A quick glance over Australia’s leading news outlets has revealed a terrifying trend sweeping the nation – and there’s more grim news ahead. At Queensland’s Courier Mail, one alarming headline screams: “Industry a ‘shambles’ as national builder teeters on the edge”. At The Gold Coast Bulletin, there’s news of aContinue Reading
Woolworths customers are shopping for affordable luxuries, swapping out red-meat and returning to brick-and-mortar stores. The major supermarket announced its half-year earnings on Wednesday with a heavy emphasis on customers looking for value during their weekly shop. Woolworths Group managing director and chief executive Brad Banducci said the supermarket hadContinue Reading
The richest 1 per cent of Australians have pocketed more than $2500 a second – or $150,000 per minute – for 10 years straight, a shocking new report has revealed. Analysis by Oxfam Australia found Aussie billionaires’ wealth has skyrocketed by 61 per cent more than it was before theContinue Reading
A staggering 43 per cent of Aussies are regularly running out of cash before payday – and it hints at a far more alarming problem to come. According to new research from comparison site Finder, nearly one in two workers are currently stretched too thin, finding themselves skint towards theContinue Reading