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Unions lose after taking Qantas to court over sick pay entitlements

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Qantas wins in another High Court battle

Qantas’ decision to stop stood-down workers from accessing their sick leave has been upheld by Australia’s highest court.

A group of unions sought to reverse the national airline’s policy for those placed on the now-expired JobKeeper program.

The unions say such treatment was “cynical and callous” and harmed employees seeking treatment for illnesses such as cancer.

A Federal Court appeals bench in November rejected the unions’ claim, saying that because the employees were not working there was nothing to take leave from.

Image: Josh Withers/Unsplash

Qantas won an earlier Federal Court case in May.

The group of unions sought leave to appeal those decisions to the High Court, arguing Qantas was acting “like a corporate dictator”.

The High Court on Friday upheld the Federal Court’s ruling.

Qantas stood down 20,000 workers back in March 2o2o, due COVID-19 restrictions.

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Money

Tesla shareholders approve historic $56B Elon Musk pay package

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Tesla shareholders have voted to approve Elon Musk’s unprecedented $56 billion compensation package, underscoring their confidence in his leadership and vision for the electric car company.

The package, which is tied to ambitious performance targets, includes a mix of stock options and bonuses contingent upon Tesla’s financial and operational milestones over the next decade.

As reported by Reuters, the approval underscores the support that Musk enjoys from Tesla’s retail investor base, many of whom are vocal fans of the mercurial billionaire.

The proposal passed despite opposition from some large institutional investors and proxy firms.

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Money

Rich listers secret’s: how billionaires build their wealth

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Australian billionaires, including Gina Rinehart, have built their wealth by investing in valuable, income-generating assets.

For the average person looking to build their wealth, one possible option could be to buy quality assets like stocks when the market dips.

Mark Wyld from MW Wealth joins to discuss. #featured #trending #wyld money

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Buyer’s agent unveils key to building wealth through property

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Unveiling the strategies for game-changing wealth building through property.

Wyld Money dives into the world of financial freedom. Whether you’re a seasoned investor or just getting started, join us for actionable tips and tricks to unlock your earning potential, and retire on your own terms.

In this episode, Mark is joined by Buyers Agent, Jack Henderson from Henderson Advocates. #trending #wyld money

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