Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Money

Unions lose after taking Qantas to court over sick pay entitlements

Published

on

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.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Money

Warner Brothers & Discovery considers splitting up to boost stock value

Published

on

Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

Continue Reading

Money

Investors worldwide grow increasingly optimistic about Trump winning the election

Published

on

Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

Continue Reading

Money

Netflix expands use of ads despite slow subscriber growth

Published

on

Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

Continue Reading

Trending Now