Corporate Responsibility
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Business leaders OK to trade profitability for impact
First 5000 | September 13, 2022New research commissioned by business impact research and advisory The Business Pickle has found climate action, packaging and waste, and equity and diversity are the top challenges facing businesses.
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5 Tips For Corporate Social Responsibility
Andre Oentoro | July 7, 2022A good business cannot only sell its products to consumers in large numbers but also show that its company runs with good values and foundations. Andre Oentoro founder of Breadnbeyond, explains.
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Meal matchmaker revolutionises food relief
First 5000 | December 9, 2018More meals left over at the end of the day in quick serve restaurants, takeaways and cafes will soon be able to go to people in need thanks to a new collaboration between Foodbank, Australia’s largest food relief organisation, and an innovative new app called Y Waste.
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Empowering consumers against companies
First 5000 | November 9, 2018ACCC Chair Rod Sims has told the West Australian Australian-Israeli Chamber of Commerce in Perth that the ACCC will continue to give a voice to consumers and push companies to live up to their responsibilities.
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CEO pay is more about white male entitlement than value for money
Carl Rhodes | November 7, 2018The evidence suggests the impact of CEOs on company performance isn’t enough to justify their sky-high pay, which is really based more on a culture of power and privilege.
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A “director identifier” system is long overdue
First 5000 | November 2, 2018Laws to create a Director Identifier Number system (‘DIN’) are one step closer but cutting red tape for building and construction businesses must remain top of the agenda.
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New report claims ‘broken system’ fails migrant workers suffering wage theft
Diane Nazaroff | October 30, 2018Less than 10 per cent of international students and backpackers in Australia recover unpaid wages, even when they are aware they are being underpaid.
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Crackdown on fake ‘Australian’ ugg boots
First 5000 | October 27, 2018Ozwear Connection, a wholesaler of footwear and accessories in Australia, is the latest company to fall foul of regulations on the misrepresentation of product origins.
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Birubi Art misled consumers over fake Indigenous products
First 5000 | October 25, 2018Companies which sell tourist souvenirs manufactured abroad as genuine indigenous artifacts should take pause after a Queensland company was found guilty of deception in Federal Court.
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Fat cat pay is bad for business
First 5000 | October 24, 2018Bosses with exorbitant pay packets are seen as less effective leaders than their counterparts on lower incomes, and less able to influence those they seek to lead, according to University of Queensland research.
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Delivering growth with equity
Karen Chester | October 18, 2018Karen Chester, the Deputy Chair of the Productivity Commission, discusses the ways in which social equity can be supported alongside economic growth to ensure a prosperous future for all Australians.
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Stronger penalties required for franchising codes and UCT laws
First 5000 | October 15, 2018ACCC Deputy Chair Mick Keogh has called for changes to protect franchisees in a speech delivered at the National Franchise Convention Legal Symposium in Melbourne.
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McGowan Government announces tougher penalties for safety offences
First 5000 | October 7, 2018West Australia’s McGowan Government has announced tougher penalties for workplace safety offences which have come into effect this week.
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Time for a Royal Commission on the auditing profession?
First 5000 | October 2, 2018Professor Janek Ratnatunga, CEO of the Institute of Certified Management Accountants has criticised current corporate audit controls as being inadequate to reign in bad behaviour and called for an innovative approach to the audit and more severe penalties.
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Bank inquiry report falls short of SMB expectations
First 5000 | October 1, 2018There will be a lot of disappointed small businesses who were adversely affected by aggressive bank behaviour and have not received adequate consideration from the Royal Commission so far.