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50 articles are classified in All Articles > Compliance > Insolvent employers


Queensland Nickel workers owed $74 million

The administrators of Clive Palmer's Queensland Nickel Pty Ltd have recommended the company be put into liquidation next week, opening the way for hundreds of sacked workers to be paid under the Federal Government's Fair Entitlements Guarantee.



AWU calls for ASIC probe to uncover QN entitlements liability

The AWU is calling for the corporate regulator to investigate whether Queensland Nickel breached corporations laws and whether owner Clive Palmer is acting as a "shadow director", as part of the union's push to secure members' outstanding entitlements.

Circuit Court questions FWBC building company prosecution

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.


"Phoenix" directors ordered to meet award shortfalls

A court has ordered former directors of related liquidated companies to compensate a construction worker for underpayments owing under a modern award and its state predecessor, finding that the Fair Work Act's remedy provisions extend beyond employers.

Wrongful termination claim not a priority payment in winding up

A chief financial officer who is seeking $1m in damages for wrongful dismissal from his bankrupt employer will have to compete with other ordinary creditors for the funds, after the Federal Court ruled the sum is not a "retrenchment payment" under corporations law.

Government moves to reinstate Fair Entitlements cap

The Abbott Government this morning introduced a Bill in the House of Representatives to cap redundancy payments under the Fair Entitlements Guarantee scheme at a maximum of 16 weeks, describing the current benefits for employees of insolvent companies as "overly generous" and as creating a "moral hazard".

Abetz complains to ASIC over employer's "contrivance"

The Department of Employment has referred to the corporate watchdog allegations that a textile company entered into “contrived arrangements” to avoid paying redundancy entitlements to 60 workers.