Foxes in charge of the hen house
It was supposed to be the Coalition government’s panacea for the crisis in confidence plaguing the financial planning industry, but almost two years after it was launched, it’s a dud.
Adele Ferguson comments on companies, markets and the economy.
It was supposed to be the Coalition government’s panacea for the crisis in confidence plaguing the financial planning industry, but almost two years after it was launched, it’s a dud.
Scandal-plagued convenience store giant 7-Eleven has signed a "landmark agreement" with the wage regulator to stamp out wage fraud across its network of stores.
"Who do you think you f---ing are? ... If you try to get me, I'm going to throw you under the f---ing bus."
When Coalition backbencher George Christensen tweeted on November 25: "My opinion just changed. We do need a royal commission," it would have struck fear into the hearts of the captains of banking.
"These aren't fake, they are real bullets," the robber yells as he presses the loaded pistol into the forehead of a Caltex service station attendant. Sohaib Irshad, the attendant, can feel cold steel against his skin and is desperately trying to stay calm as the robber shouts and pounds on the counter demanding cash.
Is the Caltex franchise model more brutal than convenience store giant 7-Eleven? From an underpaid worker's perspective it is certainly the case.
In December 2015 James Evans hatched a plan with the National Union of Workers to go under cover to expose wage fraud at a third party fund raiser for some of the country's most well known charities.
More than three quarters of wage-fraud-related court actions taken by the Fair Work Ombudsman involved foreign workers on visas.
7-Eleven has been sprung short-changing some workers potentially millions of dollars in back pay by changing the way compensation payouts are being calculated.
John Ibrahim knows the Caltex franchise business better than most. He also knows that underpayment of wages is getting worse.
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