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.
Almost 2500 Dick Smith Electronics employees will lose their jobs, after the company's receivers announced this afternoon that they will close 301 stores in Australia after failing to find a buyer.
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.
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.
Doctor awarded $20K after hospital fails to give adequate notice; Account manager compensated despite poor performance; and Directors of defunct companies liable for IR fines.
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.
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.
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".
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.