Finance

GoPro cuts CEO salary to just US$1

Woodman’s 2018 salary was slashed on the back of GoPro announcing lower than expected preliminary results from the 2017 Fourth Quarter.

Slaving away for $8 an hour

Inspectors found Shigeo Ishiyama had falsified payment records to hide the fact he was paying his Japanese workers less than half the minimum the wage.

Class action against CBA could be largest ever

Maurice Blackburn Lawyers (MBL) alleges the lender failed to keep shareholders up to date while making “misleading and deceptive” statements about its compliance with anti-money laundering laws.

German Costco buys site in Adelaide

It signals Kaufland’s intention to take on German rival Aldi, and further chip away at the dominance of domestic chains like Woolworths and Coles in the $90 billion sector.

Lottoland to be shut down in NSW

The Gibralter-based betting agency is in the crosshairs of the state government, because of its affect on local lottery sales, and the revenue of newsagents.