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Latest suit claims Macquarie owes $4.8M in underpayments
Employment 2019-11-12 4:02 pm By Cat Fredenburgh

Macquarie Bank has been hit with another lawsuit by former financial advisers who claim the bank underpaid them to the tune of $4.8 million by remunerating them solely in commission when they were entitled to a regular wage.

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Ex-Macquarie advisers want to broaden $2.6M unpaid wages case
Financial Services 2019-09-25 4:09 pm By Miklos Bolza

Fifteen former Macquarie Bank financial advisers are looking to expand their $2.6 million wages case against the bank, seeking evidence around allegedly unreasonable and unlawful deductions from their commissions.

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Judge can’t be mediator too, court says in ex-Macquarie advisers’ wage case
Employment 2019-04-10 9:26 pm By Christine Caulfield

A judge has refused a bid by Macquarie Bank and a group of former financial advisers to preside over a mediation of their spat over $2.6 million in wages, saying a judge can’t act as a mediator and he wouldn’t do it even if he could.

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