index australian business
[Link] Grill’d co-founder Geoff Bainbridge quits Lark Distilling board over alleged drug use video
Read: 16/2/2022 www.theguardian.com
Melbourne entrepreneur Geoff Bainbridge, a co-founder of Grill’d, has resigned as chief executive of an ASX-listed whiskey distillery after the emergence of video, published in a media outlet, purportedly showing him intoxicated while smoking methamphetamine.
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[Link] Grill’d co-founder Simon Crowe apologises for wearing Native American headdress to party
Read: 9/12/2021 www.theguardian.com
The co-founder of the multimillion-dollar Grill’d burger chain, Simon Crowe, has apologised for wearing a Native American headdress to an end of year staff costume Christmas party.
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[Link] Red Spice Road owners publish open letter about unpaid former staff
Read: 31/10/2021 www.theage.com.au
The owners of popular city restaurant Red Spice Road, which planned to reopen without contacting or paying the staff it sacked in May, have released an open letter claiming there had been a terrible misunderstanding.
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[Link] Ethical fashion report collars Australian brands over environment and workers’ rights
Read: 19/10/2021 www.theguardian.com
Major Australian department store chain Myer is disputing its poor grading in an ethical fashion assessment which found the company is falling short when it comes to reducing its environmental impact and ensuring its supply chains are free of modern-day slavery.
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[Link] Treasury confirms it knew government was paying out billions in JobKeeper to firms that 'may not need support'
Read: 12/10/2021 www.abc.net.au
Treasury says $27 billion in JobKeeper payments went to businesses whose turnover either increased or did not decline as much as required, but has dismissed calls to introduce a clawback mechanism and defended the scheme's design.
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[Link] 'A declaration of war': Farming groups call out 'parasitic' alternative-meat labelling
Read: 19/9/2021 www.abc.net.au
The third public hearing of an Australian parliamentary inquiry into the definitions of meat and other animal products has seen strong views expressed from vegans, animal activists, and farming advocates.
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[Link] China moves to protect personal data form misuse by tech companies
Read: 25/8/2021 the-pen.co
There is considerable interest in efforts by the Chinese government to impose greater control over major private enterprises operating in the country. Critics see this as an attack of freedom to do business. Supporters see it as a justified crackdown on corporate greed.
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[Link] Australian businesses stop reporting ransomware attacks over exfiltration doubts
Read: 24/8/2021 www.itnews.com.au
Australian businesses are incorrectly relying on what they think is a loophole in notifiable data breach laws to avoid reporting ransomware infections.
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[Link] Operating as a company or a sole trader, how much choice do you have?
Read: 23/8/2021 www.smh.com.au
When a business is started there are many decisions to make. These include the type of business structure to use, whether to register for GST, and what is the best way to maximise tax deductions.
[Link] ‘Prices going up’: competition watchdog tells governments to limit asset sales as public loses trust
Read: 30/7/2021 www.theguardian.com
Competition watchdog Rod Sims has called for curbs on state and federal government privatisations, saying the public has lost trust after seeing prices rise following asset sell-offs.
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[Link] Virgin CEO calls for open borders, even if ‘some people may die’
Read: 17/5/2021 www.smh.com.au
Virgin Australia’s chief executive has called for the country’s borders to be re-opened before the stated goal of mid-2022, saying it made long-term sense even if “some people may die”.
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