Adele Ferguson

Adele Ferguson

Adele Ferguson comments on companies, markets and the economy.

Adele Ferguson

CBA's $80 million compensation claim should come with penalties

Adele Ferguson A week after saying it wanted to be known as the 'ethical bank', CBA has had to refund $80 million in compensation.

Class action on Eagle Boys' menu?

Adele Ferguson dinkus

Adele Ferguson Pizza chain faces challenges if it is going to deliver an ASX float.

Comments 24

Wage fraud: Pizza Hut franchisees using 'sham' contracts to underpay drivers

Pizza Hut.

Adele Ferguson, Sarah Danckert Franchisees are using the contracts to pay delivery drivers as little as $12 an hour without super or WorkCover.

7-Eleven: Crunch week looms for troubled chain

A lack of trust has created an atmosphere where the franchisees are concerned that the deal isn't what it seems.

Adele Ferguson and Sarah Danckert It's crunch time for 7-Eleven as franchisees decide whether to accept new contracts with head office.

Comments 23

7-Eleven's Starbucks chain had wage issues, Senate hears

In this July 16, 2015 photo, a customer walks out of a Starbucks with a beverage in hand, in New York. Starbucks reports quarterly financial results on Thursday, July 23, 2015. (AP Photo/Mark Lennihan)

Adele Ferguson and Sarah Danckert A former payroll officer at 7-Eleven and associated entity Starbucks Australia described head office as "unethical" and "unsupportive" when she tried to bring her concerns about expired visas and...

7-Eleven: Two thirds of stores underpaid, inquiry hears

Workers, most of them international students on visas, had had enough of the systemic wage fraud.

Adele Ferguson and Sarah Danckert Panel overseeing compensation to 7-Eleven workers says most stores appear to have underpaid staff.

Committee hears of Commonwealth Bank's $8.2 billion 'fraud'

CBA has denied any wrongdoing.

Adele Ferguson and Sarah Danckert Commonwealth Bank impairment of loans led to a borrower's seven-year-old child having suicidal thoughts.

Comments 32

Samarco mine disaster: BHP's reputation on the line as tragedy deepens

Adele Ferguson - dinkus - thumbnail - dink

Adele Ferguson It took a week but BHP Billiton and its partner Vale have agreed to set up an emergency fund in Brazil after seeing first hand the damage done by the tragic dam failure.

Comments 18

Samarco mine disaster: BHP must compensate victims in Brazil

The town of Bento Rodrigues, Brazil flooded after the dam burst on Thursday: a Brazilian prosecutor has alleged that it was

Adele Ferguson There is an old saying that trust takes years to build, seconds to break, and forever to repair.

Comments 1

Life insurance commissions should be buried

Kelly O'Dwyer

Adele Ferguson Financial advisers are being stung as insurers enjoy fattened wallets.

Comments 37

ASIC says whistleblowers need compo


Adele Ferguson Lifetime compensation would be offered to whistleblowers who risk their careers to expose company misconduct under a radical overhaul floated by the corporate watchdog.

It is about time we protected whistleblowers

Adele Ferguson dinkus

Adele Ferguson Those who expose wrongdoing risk everything and need our protection.

Comments 45

Growth is hard to bank on

Adele Ferguson Are the halcyon days for super sized bank profits over?

Comments 3

7-Eleven franchisees protest head office

7-Eleven franchisees have protested in Melbourne, Sydney and Brisbane

Adele Ferguson and Sarah Danckert 7-Eleven franchisees have rallied in Melbourne, Sydney and Brisbane to protest head office's new deal offered in the wake of a worker exploitation scandal that has rocked the convinienece store chain...

CBA's victims compensation scheme is unfair to clients, whistleblower says

Large equity raisings by the likes of the Commonwealth Bank and others have buoyed local ECM numbers.

Adele Ferguson and Sarah Danckert Explosive evidence from a new whistleblower at a hearing in Melbourne leaves senators flabbergasted.

Comments 54

Baiada pay scandal catches Coles

Square, dink, dinks, dinkus, head shot, business, Adele Ferguson

Adele Ferguson After Baiada, 7-Eleven, Myer and Australia Post all companies using contractors should be on high alert.

Comments 9

Compensation schemes for corporate misbehaviour fail to impress

7-Eleven's compensation scheme was set up in September in response to the joint investigation which exposed systemic wage abuse and falsification of payroll records.

Adele Ferguson In the past year, a number of companies have been caught with their pants down and forced to right their wrongs.

Comments 2

7-Eleven workers begin receiving back-pay as chain faces $300 million wage bill

A recent

Adele Ferguson and Sarah Danckert The Fels panel has approved the first tranche of claims from 7-Eleven workers with 50 current and former staff members set to receive payments totalling $1.1 million.

Comments 1

Bank conflicts remain as financial review response seeks to merely tweak


Adele Ferguson The federal government's response to the financial system inquiry was always going to be about protecting consumers – and juggling competing vested interests – but it has squibbed it...

Comments 1

7-Eleven reaps nearly $200 million per year in fuel income

7-Eleven made big profits from fuel but shared only a portion of that with franchisees.

Adele Ferguson and Sarah Danckert Franchisees are agitating for a bigger cut of petrol profits after receiving a mere $18 million of the $200 million raked in by the head office.