Pacific Highway subcontractors owed $7.3 million after Ostwald Brothers company goes into liquidation

Pacific Highway subcontractors owed $7.3 million after Ostwald Brothers company goes into liquidation

Posted May 20, 2018 16:11:50 Photo: Pacific highway contractor Otswald Brothers went into liquidation in 2017, leaving 23 businesses out of pocket. (Supplied: Roads and Maritime Services) Small business owners subcontracted to upgrade sections of the Pacific Highway in northern NSW said it has been “emotionally devastating” after they weren’t …

Cuba plane crash: Black box recovered as history of safety complaints against Mexican company emerges

Cuba plane crash: Black box recovered as history of safety complaints against Mexican company emerges

Posted May 20, 2018 09:44:34 Related Story: More than 100 die in Cuba’s third major aviation accident since 2010 The Mexican charter company whose plane crashed in Havana, killing 110 people, has been the subject of two serious complaints about its crews’ performances over the past decade, according to authorities …

Trucking company fined over ‘preventable’ deaths of Irish construction workers

Trucking company fined over ‘preventable’ deaths of Irish construction workers

Updated May 17, 2018 19:48:25 Photo: Gerry Bradley (left) and Joe McDermott (right) were crushed to death by a concrete slab. (Supplied: Facebook) A trucking company has been fined $160,000 over the deaths of two Irish workers who were crushed by falling concrete panels at an East Perth construction site. …

Q&A: Australia not prepared for financial crisis, chair of peak body for company directors warns

Q&A: Australia not prepared for financial crisis, chair of peak body for company directors warns

Updated May 15, 2018 00:13:29 Australia is not prepared for a global economic downturn, the chair of the peak body for company directors has said. Both major parties have promised billions of dollars in tax cuts for low to middle income earners, and the Coalition wants to eventually abolish the …

AMP shareholders to vent their wrath at AGM as company issues unreserved apology to Australia

AMP shareholders to vent their wrath at AGM as company issues unreserved apology to Australia

Updated May 10, 2018 12:01:57 Photo: AMP management and board is facing a massive overhaul after revelations it mislead ASIC emerged at the bank royal commission. (Reuters: David Gray) AMP has issued an unreserved apology to its customers, shareholders and the entire community over the mounting fee-for-no-service scandal and allegations …

Donald Trump’s lawyer Michael Cohen was paid by company with link to Russian oligarch, claims Stormy Daniels’ lawyer – Donald Trump’s America

Donald Trump’s lawyer Michael Cohen was paid by company with link to Russian oligarch, claims Stormy Daniels’ lawyer – Donald Trump’s America

Updated May 09, 2018 19:31:50 Photo: The documents suggest Mr Trump’s lawyer Michael Cohen received money from a Russian business. (Reuters: Stephanie Keith, file) Related Story: US imposes new sanctions against Russian elite over ‘malign activity’ A lawyer for porn star Stormy Daniels claims US President Donald Trump’s lawyer Michael …

Melbourne burger bar company, owner fined more than $300k for underpaying workers

Melbourne burger bar company, owner fined more than $300k for underpaying workers

Posted May 09, 2018 15:12:09 Photo: Ms Gordon was desperate for a job but was never paid for the 25 hours she worked. (ABC News: Matilda Marozzi) Related Story: ‘You will be sued’: Melbourne cafe owner warns staff who claimed underpayment A Melbourne company which underpaid young and overseas workers …

Why Trump-style company tax cuts won’t achieve the same results in Australia

Why Trump-style company tax cuts won’t achieve the same results in Australia

By Stephen Grenville Posted May 08, 2018 05:00:00 Photo: Bank profits have benefited hugely the US tax cuts, but there are no extra jobs or investment in Wall Street — only a restoration of fat bonuses and share buy-backs. (ABC News) Do Donald Trump’s recent company tax cuts provide inspiration …

Company boards are stacked with friends of friends. So how can we expect change?

Company boards are stacked with friends of friends. So how can we expect change?

Updated May 04, 2018 15:33:47 Photo: Closed social networks are the primary means of identifying new board members. (Flickr: Guiseppe Milo) Related Story: ASX proposes tougher governance guidelines Related Story: How ‘problem finding’ can help corporate boards avoid failures Social connections drive board appointments and more than two-thirds of directors …

Mount Wellington cable car project derailed as company instructed to halt preliminary works

Mount Wellington cable car project derailed as company instructed to halt preliminary works

Updated May 03, 2018 12:17:59 External Link: Cable car Facebook short-form video The company seeking to build a cable car to the top of Mount Wellington has been told to stop all preliminary work and remove equipment by midday, with the Tasmanian Government announcing they are considering revoking the company’s …