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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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Macquarie faces 5th lawsuit by ex-financial advisers, settles earlier case
Employment 2019-04-01 10:20 pm By Christine Caulfield

Macquarie Bank has been hit with yet another lawsuit by a group of financial advisers alleging the firm breached the Fair Work Act by denying them regular wages, a case filed just days before the bank resolved an earlier action.

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