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Official issues warning to Australian drivers after attack on Saudi oil facilities

Oil markets are roiling in the wake of a drone attack on two major Saudi Arabian oil installations. The attack itself caused an immediate spike in oil prices. Then came Donald Trump’s tweet: “Saudi Arabia oil supply was attacked. There is reason to believe that we know the culprit are locked and loaded depending on […]

Uber Eats driver taking action against company for wage theft, wrongful termination

You’ve heard of the “gig economy” haven’t you? Well, here’s an example of why it gets so much bad press. Amita Gupta of Adelaide signed up to work for Uber Eats as a delivery driver. Apparently an industrious individual, Gupta clocked 96 hours of work in a single week—for which she was paid a total […]

Volkswagen, Audi settle Australian class action suit

Two big class action lawsuits in Australia against The Volkswagen Group and Audi have been settled. ABC reports that the vehicle manufacturers have agreed to pay between $87 million and $127.1 million, which works out to about $1,400 per affected vehicle. Details have not been made public and the settlement still must be approved by the […]

Most Australians support business leaders weighing in on political issues

A large majority of Australians say they are in favor of their country’s leading corporate executives publicly expressing their views on social and political issues, according to a survey conducted by the Committee for Economic Development of Australia (Ceda). Ceda surveyed 3,000 Australians and 59 bosses and found that 78 percent of respondents support business […]

Virgin Australia to buy back minority stake in Velocity program

Virgin Australia, Australia’s second largest airline, is set to buy back a 35 percent share of its Velocity Frequent Flyer program from Affinity Equity Partners. The Asian equity firm announced earlier this summer that it was looking to sell off its stake in the program, weighing up a possible IPO among other things. “The Group […]

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