General
Australian share market rises, Crown under investigation for underpaying workers
The Australian share market has risen in early trade, while Crown has become the latest company to admit to underpaying workers.
Key points:
- The Australian share market rose in early trade after a sharp sell-off on Friday
- Crown discovered it had underpaid staff and reported it to the Fair Work Ombudsman
- Another Crown director has resigned following the NSW inquiry into the casino operator
By 10:30am (AEDT), the ASX 200 was 0.7 per cent higher at 6,721 points, while the All Ordinaries index had risen by a similar percentage, to 6,988, recovering some of the sharp losses posted at the end of last week.
The Australian dollar was up by about half a per cent against the greenback, buying 77.47 US cents.
The local currency briefly touched 80 US…
-
Noosa News19 hours agoCharges laid over photo of kids ‘bound with tape, held at gunpoint’
-
Noosa News19 hours agoAirservices Australia has released proposed flight path options as part of its Noise Action Plan for Brisbane
-
Noosa News22 hours agoSouth African man Jonathan Green fighting for life after horror crash on Capricorn Hwy in Queensland
-
Business18 hours agoWhy Capricorn Metals, Insignia, Perseus Mining, and Qoria shares are storming higher