The company expects to make up the late payments before June 30. The corporate language you should AVOID at all costs! Super Retail Group chief executive Peter Birtles' stellar 13-year career at the auto, sports and outdoor retailer has been marred by a second underpayments scandal that will cost the company $43 million this year, decimating earnings. It was revealed in October that Woolworths underpaid its employees by as much as $300million over almost a decade, while the ABC, Qantas, Super Retail Group, Michael Hill Jewellers, Commonwealth Bank, Bunnings, Rockpool Dining Group, Sunglass Hut, 7-Eleven and George Calombaris' hospitality group MAdE have also admitted wage underpayment. Super Retail Group chief executive Peter Birtles' stellar 13-year career at the auto, sports and outdoor retailer has been marred by a second underpayments scandal that will cost the. The underpayments took the gloss off otherwise better-than-expected first-half results. In 2017, Calombaris was found guilty of underpaying 162 of his employees a total of up to $2.6 million. The group generates revenue of about AUD 3.5 billion. Retail. At Super Retail Group Limited, any non-audited periodic corporate reports are reviewed and signed off by management and reviewed and approved in accordance with the Board Charter, Audit & Risk Committee Charter, and Continuous Disclosure Policy, before being released to the market. The company is the latest to be caught up in an apparent wage scandal in Australia - joining a growing list of retailers and businesses including Coles, Wesfarmers and Woolworths who listed payroll errors in their half-year results. The Super Retail boss also stressed that the company did not seek to gain any advantage through the underpayments. Mr Porter said a proposed underpayment regime could include jail time for the most serious exploitation and potentially director disqualification, as well as embarrassing "naming and shaming" notices and increased financial penalties. Super Retail Group's shares have jumped more than 10 per cent despite announcing a 20 per cent drop in first-half profit and admitting its underpayments problem is worse than first thought. Super Retail Group has revealed another $8 million in employee underpayments. The businesses have seen a stronger start to the second half, however, with Macpacs small-format stores delivering like-for-like sales improvement, while Super Retail looks to the Easter period to drive interest in BCF. I'm very proud of what we've achieved. Super Retail Group has admitted to underpaying staff by another $8million - after previously revealing it owed workers $53.2million in back payments. SRG also said the June-half had started strongly, despite weak retail foot traffic and lacklustre consumer sentiment, with Supercheap Auto, Rebel and BCF all delivering sales growth. We have a network of over 700 stores across Australia and New Zealand where the talent of our teams and. Get the HR tools and advice you need to operate successfully. The announcement comes as the company's first-half net profit fell by 20 per cent to $57.4 million, despite modest revenue growth in the face of drought . Our powerful brands have established, leading positions in growing high-involvement lifestyle . Super Retail Group said it had identified additional team members also impacted by overtime underpayments. By Australian Associated Press and Karen Ruiz For Daily Mail Australia, Published: 23:20 GMT, 19 February 2020 | Updated: 00:21 GMT, 20 February 2020. Super Retail Group will roll out Krber's WMS across its entire fulfilment operation, which includes six distribution centres in Australia and New Zealand. The dividend payout ratio for SUL is: 81.13% based on the trailing year of earnings. Super Retail Group. The EPS growth is more impressive than the yearly share price gain of . A larger-than-expected group of workers owed for overtime allowances under the retail award has been identified. How high will rates go? After identifying the issue with retail managers, Deloitte was engaged to analyse 1.9 million shifts in total. Super Retail Group also updated investors on the impact coronavirus is having on its supply chain, saying they are . SDA national secretary Gerard Dwyer said the growing list of employers underpaying their staff represented an "epidemic" for the Australian economy. Part of Retail Week 2021. Super Retail Group has said that it has underpaid workers by almost $8 million from a period dating back to 2010. Salary + Super + Bonus + Incredible Discounts. New CEOAnthony Heraghty apologised for the underpayments scandal and said the company had simply got it wrong. Super Retail Group, whose brands include Rebel and Super Cheap Auto, said on Thursday that workers had been underpaid by $8m more than originally estimated, the third big retailer in days to . These super retail group interview questions and answers were designed for cracking an interview. On Wednesday, Wesfarmers identified in its results for the six months to December 31 a $9million payroll remediation for Target and a $15million remediation in its industrial and safety division. "I don't think it's a Queensland-based malaise, but it's a wash through of all these complex [employment] conditions and terms.". The company recently reported $2.57 billion in total sales for FY18, up 7 per cent from the previous year, and $128.3 million in net profit after tax. More From The Market Herald > Subscribe to get our newsletter/updates. Super Retail Group Limited (ASX:SUL) today announced Group Earnings Before Interest and Tax (pre AASB 16) for the first half of $115.4 million, at the top end of the provisional earnings guidance range announced on 20 January 2020 . "I actually think it's a good practice in all workplaces," Mr Dwyer said. It helped drive the companys profit down 20 per cent for the half-year and triggered the early departure of CEO Peter Birtles. 'As a result of these reviews, some additional payroll errors have been identified.'. In outdoors, profits of $8.7 million from Macpac countered a 22 per cent fall in earnings from BCF, which cut prices to maintain market share, and a $1.2 million loss at Rays. The cause of the underpayment, reportedly affecting 1,150 workers, was due to discrepancies between their remuneration and the General Retail Industry Award (GRIA). Super Retail Group Limited dclare un dividende entirement franc pour les six mois se .. 08/16: Super Retail Group Limited annonce ses rsultats financiers pour l'exercice complet clo.. 02/21: Super Retail Group affiche un bnfice et un revenu infrieurs au premier semestre fisc.. 02/20 Super Retails admission makes it the third major Australian retailer embroiled in wage scandals this week. ABN 80 122 113 624. We strive towards a current and high quality assortment at the right and sharp price point. On Thursday morning it updated those estimates, telling investors alongside its half-year results that it had identified additional expenses relating to its underpayment remediation. Expert advice from experienced employment lawyers and certified HR Advisers. Keep informed and up-to-date about important HR and employment laws matters. 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Terms But it's appropriate to do what's right for the company.". Home - Super Retail Group Super Retail Group is the proud owner of four iconic brands: Supercheap Auto, rebel, BCF and Macpac, and is one of Australia and New Zealand's largest retailers. EBIT was up 9.6 per cent to $124.5 million, compared with market forecasts of about $125 million, reflecting SRG's new wages and rostering regime. The estimate increase of $8million since December 2018 has resulted in a $9.5million after-tax expense in the half. Super Retail Group which owns Rebel Sport, Supercheap Auto, Macpac and BCF has become the third major retailer to announce staff underpayments in the last three days. Super Retail Group has admitted to underpaying staff by another $8million - after previously revealing it owed workers $53.2million in back payments. Princess of Wales reassures a royal fan who missed a salon appointment to come and see Juan Carlos' ex-mistress Corinna zu Sayn-Wittgenstein reveals 'unhinged' former King of Spain called her 10 Anti-vaxxer, 61, who went to then Health Secretary Sajid Javid's home armed with glue and posters is cleared 'Dying without dignity..failed at every stage': Furious families slam emergency services as report finds British Airways pilot and groundcrew worker were injured when Boeing 787 Dreamliner's nose hit the ground Britain braces for TWO years of pain: BofE warns 'longest recession in a century' will last until mid-2024 House prices could drop by as much as 30 PER CENT in the next year, mortgage lender warns. For non-media enquiries, or to discuss a workplace issue about underpayment of wages or entitlements, you can call us on 13 13 94 or send us an online enquiry . On Tuesday, Super Retail said it would recognise about $32 million to cover the cost of paying back managers what they are owed, plus about $11 million to cover interest and payroll tax. 12 Feb 2019 - Super Retail Group (ASX:SUL) will make back payments to retail managers after a review uncovered underpayment of overtime and some allowances to retail managers. The trading update followed unusual trading in SRG shares, which jumped 7 per cent last week to $7.86 after falling more than 20 per cent since October. In simple terms we have more customers than last year and theyre happier. In a note in full year results, the company said it had discovered $7.9 million in underpayments to staff last year. COVID-19 Advice & Guidance for Businesses, Better HRs HR software and advice service, Changes to Annualised Wages and Rates in the Restaurant and Hospitality Industry, Melbourne-based juice and coffee bar and its director penalised $11998 for underpaying employee, COVID-19 isolation rules removed from 14 October 2022. Super Retail reported a first-half net profit fall of 20 per cent to $57.4 million, in part stemming from its outdoor brands suffering during the summer bushfire crisis. Primary Industries. Customer Care Consultant (Current Employee) - Australia - 31 January 2022. Retail & Consumer Products. Last year it was revealed that store managers had been underpaid a total of $32 million. It did not cost the government or the taxpayer a cent.". The Super Retail Group. ', Wesfarmers:The firm identified in its results for the six months to December 31 a $9million payroll remediation for Target and a $15million remediation in its Bunnings industrial and safety division. SAP Developer (Fiori/ABAP) Behind some of Australasia's most iconic retail brands is Super Retail Group, with well-known household names like BCF, Macpac, rebel and Supercheap Auto as part of the Super Retail Group family. Founded Date 1972. In 1972, Reg and Hazel Rowe founded an automotive accessories mail-order business, which they ran from their Queensland home. 'The total amount of retail manager and set-up team member underpayments is lower than initially estimated,' they said in a statement. EWIN HANNAN FEBRUARY 20, 2020 Super Retail Group, whose brands include Rebel and Super Cheap Auto, has short-changed workers by $8 million more than originally estimated, the third big retailer in days to announce significant employee underpayments. Super Retail Group is a retailer of auto, leisure, and sports products in Australia, New Zealand, and China. Mr Birtles was to have stepped down on March 31. Additionally, while online grew 22 per cent to account for 8 per cent of total sales, 96 per cent of group sales involved an in-store touchpoint with customers allowing the group to leverage the scale of its Supercheap Auto, Rebel, BCF and Macpac businesses physical footprints. Part of the Daily Mail, The Mail on Sunday & Metro Media Group. "It's the second underpayment and that's very disappointing," Mr Birtles told The Australian Financial Review on Tuesday after announcing his decision to hand the reins next week to his successor, BCF and Macpac boss Anthony Heraghty. 14,305. Boost your leadership career into the next level with BCF. Supermarket giant Coles admitted to underpaying 1,150 workers over six years, Wesfarmers announced on Wednesday that workers at Target were stiffed out of $9million in wages. Super Retail Group is listed on the ASX under the code SUL. Attila Csaszar. The Fair Work Ombudsman and Registered Organisations Commission . Popular Searches. Outdoor sales rose 16.5 per cent to $348.5 million boosted by the acquisition of Macpac while earnings were up 39.6 per cent to $22.9 million. Super Retail Group Ltd. The Coalition has also proposed reducing award complexity as part of its IR review but has yet to release a discussion paper. Interest rate rise calculator: How does a move affect your mortgage payments and what will it cost you? Super Retail Group. Headquarters Regions Asia-Pacific (APAC), Australasia. The brands include automotive retailer Supercheap Auto, outdoor and leisure retailers Macpac and BCF and sporting retailer Rebel (formerly Rebel Sport). IBISWorld partnered with the Australian Financial Review to publish a list of Australia's Top 500 Private Companies for 2019. Operating Status Active. No communication between team members, team leaders constantly away or enjoying other perks. Super Retail Group Limited is an Australian-based company which owns and operates a portfolio of retail brands across Australia and New Zealand. 'Following the payroll errors previously identified, Wesfarmers' businesses have conducted extensive reviews of their respective payroll systems and processes,' the company said in its release to the ASX. In morning trade on Friday the Super Retail Group Ltd share price is storming higher.This follows the release of an update on its expectations for FY 2020. Mobile: 0466 137 041. meg.macfarlan@fwo.gov.au. Woolworths shares on the ASX were up . Help using this website - Accessibility statement, underpaid about 4500 staff employed in setting up and refurbishing stores by about $7.9 million. Super Retail Group CEO Peter Birtles will hand the reins to Anthony Heraghty a month earlier than expected after the company uncovered another $32 million in underpayments to staff. Chief executive Rob Scott said 'immediate steps' were being taken to rectify the situation and repay affected staff members. "I've put my heart and soul into Super Retail Group over a long period of time. Other firms including jewellery retailer Michael Hill, the Commonwealth Bank and the ABC have already revealed underpayments. Like-for-like sales grew 4 per cent at Supercheap in the first six weeks of the second half, 8 per cent at BCF and 8 per cent at Rebel. "We've had great success over that time and it's disappointing that it's ending on this note. The most recent change in the company's dividend was a decrease of A$0.12 on Monday, September 5, 2022. "Successive Coalition governments stripped unions of those rights and now we have an epidemic, getting worse by the day. And like Coles, the announcement clouds an otherwise strong half-year result, with group like-for-like sales up 1.7 per cent despite the impact of bushfires and drought across the half. The 'return' is the yearly profit. Always exhausted? We didnt make the necessary investments and [do] the appropriate diligence. Protect your business. The underpayments related to the General Retail Industry Award. Super Retail, which previously admitted to underpaying workers, said on Thursday the amount underpaid had jumped from Weve helped thousands of business owners and managers like you and weve never lost a claim! Management - Department/Assistant. Supercheap Auto. Labor's shadow treasurer Jim Chalmers said it was telling the Morrison government hadn't made underpayment a priority. 4d ago. Super Retail Group announced an interim dividend of 21.5 cents per share, fully franked, in line with a year ago. 2022 Sustainability Report Released 17/08/22 PDF 11.92Mb Download It offers automotive parts and acce ssories, handyman items, and tools and equipment to marine and motorbike products, including batteries, car care products, exterior accessories, hand and power tools, in-car navigation . Active Club Plus memberships increased 13 per cent to 1.7 million and now represent 40 per cent of Supercheap Auto sales. Key features of the result include: The Group delivered total sales of $1.44 billion (up 2.9% on the prior . Super Retail Group is the latest company making amends for underpaying staff. Super Retail Group Limited was founded in 1972 and is based in Strathpine, Australia. "Retail is an industry that needs to continue to invest and continue to develop," Mr Birtles told investors. The company - which owns Rebel Sport, Supercheap Auto, Macpac and BCF - has a history of underpaying employees. The group released a trio of statements yesterday - the first revealed that Super Retail - which Rebel Sport, Supercheap Auto, and Macpac - had underpaid store managers by about $32 million over the past six years by not applying overtime rates properly. We believe in the power of private labels and within our specialty stores. Super Retail Group Limited engages in the retail of auto, sports, and outdoor leisure products in Australia and New Zealand. All rights reserved. The comments below have not been moderated. the collapse of George Calombaris' restaurant empire. The company which owns Rebel Sport, Supercheap Auto, Macpac and BCF has a history of underpaying employees. Phone Number +61734827900. The latest revelation raises the total cost of employee underpayments at Super Retail Group to $61.2 million. The company offers automotive parts and accessories, handyman items, and tools and equipment to marine and motorbike products, including batteries, car care products, exterior and interior accessories, hand and power tools, in-car navigation systems and stereo Super Retail Group chief executive Peter Birtles' stellar 13-year career at the auto, sports and outdoor retailer has been marred by a second underpayments scandal that will cost the company $43 million this year, decimating earnings. Super Retail Group's revenue has been stable/increasing over the last 4 years, despite the increasing competition and lower margins in the Australian retail environment, showing the strength of . Assistant Store Manager BCF Bayswater. People eligible for Woolworths compensation must have worked for at least six months between January 1, 2010, and September 1, 2013. . Supercheap Auto saw like-for-like sales growth of 2.4 per cent driven by a growth in average transaction value, with strong growth seen in the auto maintenance category. For media enquiries, please contact: Meg Macfarlan. "I feel as CEO I'm ultimately accountable. The total now sits at $61.2 million up from the $53.2 million estimated last year. The total cost for Super Retail's staff underpayments to $61.2 million. At the time of writing the retailer's . Shares in the top-200 company are trading at $9.79 each at 12:59 pm AEDT. Company Type For Profit. The federal government this week detailed plans to address the growing number of companies found to be underpaying workers, with retail giant Wesfarmers revealing on Wednesday its Target stores had underpaid salaried staff $9 million over 10 years. The total now sits at $61.2 million up from the $53.2 million estimated last year. Inspiring you to live your passion | At Super Retail Group, we inspire you to live your passion. The Queensland-based company said total costs to execute the remediation including the prior period were $8.6 million after tax. Super Retail said the group-wide review was initiated last year following the discovery of a related breach for team members involved in Set Up projects, which resulted in about $8 million in underpayments. And while the retail group has yet to see a significant impact from the coronavirus outbreak due to high inventory levels, a significant proportion of its goods are sourced from China through two factories in Wuhan, China. Revenue for the company, which owns Rebel Sport, Supercheap Auto, BCF, and Macpac, climbed by 2.9 per cent to $1.44billion. Despite the news, shares in Super Retail Group gained 2.29 per cent today. Follow the topics, people and companies that matter to you. On 21 February 2022, the Directors of Super Retail Group Limited determined the payment of an interim dividend of 27.0 cents per ordinary share fully franked for the six months period ended December 25, 2021, based . George Calombaris: The Celebrity chefs restaurants underpaid more than 500 current and former employees to the tune of $7.83 million. "I'm not involved in the details but ultimately this is a breakdown in processes and controls it's the second issue and it's a significant financial issue," he said. The pay is okay, if you are a casual. Thats it in a nutshell.. super retail group General Aptitude Questions. Super Retail Group has admitted that its underpayments issue is worse than first thought, with the firm adding another $8 million to the $53.2 million it already has to give back to staff. As outlined by the Chair, natural disasters and the COVID-19 pandemic have tested the limits of your company's resilience. Join 1.7 Million Subscribers and Conditions, Privacy Super Retail Group, which owns Supercheap Auto, volunteered to return $1.7m in jobkeeper payments as it announced a record $170m net profit after tax on Monday. Heraghty told investors the result was incredible considering the challenges retail faced over the period, particularly the impact on consumers from the bushfires and coronavirus. He said the revelations, and a string of recent underpayments reported by major employers including retail giant Wesfarmers, showed the need for the reinstatement of spot checks of company payrolls. The initial anomalies were uncovered by new human resources staff last year, triggering an in-depth investigation by Deloitte, which delivered details about the manager underpayments on Monday night. ", "This is quite different from Domino's," the fund manager said, referring to deliberate underpayment of staff by some Domino's franchisees. Strathpine, QLD . Earnings before interest, tax, depreciation and amortisation had risen 11.3 per cent to $166.2 million, slightly ahead of consensus forecasts of about $164 million. Affordable plans to meet every business need and budget. In a trading update two days before the release of audited results, SRG said group sales had risen 6 per cent to $1.4 billion in the six months ending December, beating market forecasts of about $1.38 billion. The company employs approximately 14,800 people, operates in Australia and New Zealand, and is administered from its head office in Lawnton, Queensland. They treat you like a machine. Super Retail Group Limited operates as a retailer of auto, leisure, and sports products primarily in Australia and New Zealand. . Employees. Map reveals percentage of immigrant population for every Glastonbury tickets 2023 LIVE: Coach spots on sale TODAY as thousands scramble to make next year's iconic Everything you need to know about getting Glastonbury tickets as they go on sale TODAY: How to give yourself French Parliament suspended after black MP is told to 'Go back to Africa' by far-Right opponent. The Queensland-based Super Retail Group, which also controls the Macpac and BCF brands, had already revealed underpayment of employees in 2018 and 2019, but its latest results brought the total bill from about $40 million two years ago to $61.2 million today. Get 30 Days of MarketBeat All Access Free. Salary underpayments have already resulted in $20 million in backpay at Coles and up to $300 million at Woolworths, and were one of the primary reasons behind the collapse of George Calombaris' restaurant empire. ( AAP: Dave Hunt) The Super Retail Group, owner of high popular outlets such as Rebel Sports, Supercheap Auto and BCF, is the latest employer to admit to underpaying its staff. On the impacts of the coronavirus, the company said while a 'significant proportion' of the group's products were sourced from China, only two factories were utilised in Wuhan, the Hubei province city at the epicentre of the outbreak. "Unions did this for nothing. Better HRs HR software and advice servicehelps businesses pay workers correctly. Surely, you will get success in your interview or job. Revenue. Super Retail Group, which owns Rebel Sport, Supercheap Auto, BCF, and Macpac,has updated its total estimate for team member back payments from $53.2million to $61.2million. Feb 20, 2020 2 mins read Super Retail Group's staff underpayment problem continues to compound, with the company adding a further A$8 million (NZ$8.36 million) to its estimated cost of repaying staff. 1972. "It's not fair that Australians are going to work and not getting the wages that they're entitled to," he said. Analysts expected Super Retail to book the $43 million $32 million in back payments and $11 million in compensatory interest and payroll tax as a one-off charge, which would dent bottom-line profits. On Tuesday, Coles announced it was expecting a $20million hit after managers at its supermarkets and liquor division were underpaid over the past six years. Rebel Sport owner Super Retail Group has apologised after an audit found it owes $32 million in overtime hours to about 10 per cent of its workforce. The announcement comes as the company's first-half net profit fell by 20 per cent to $57.4 million, Super Retail Group has admitted that its underpayments issue is worse than first thought, with the firm adding another $8 million to the $53.2 million it already has to give back to staff. Macpac's same-store sales were down 2 per cent as the business, acquired last April, cycled a large clearance program under its previous owners. The $43 million put aside to cover the backpayments represents about a third of its net profit last year ($128 million). The announcement comes as the company's first-half net profit fell by 20 per cent to $57.4million, despite modest revenue growth in the face of drought and bushfires. Super Retail operates in Australia and New Zealand selling auto parts, sporting goods, and camping, fishing, and boating equipment. The list of well-known brands embroiled in wage scandals continues to grow Coles, Woolworths, Target,Qantas, Michael Hill, Caltex, Spotless,7-Eleven,Top Juice, Bunnings,Biada, Wesfarmers, Commonwealth Bank, George Calombaris,Pizza Hut, Rockpool Dining Group, Hungry Jacks, Subway, Touchpoint Mediaand many others. Coles boss Steven Cain issued an apology to affected staff team and said it will remediate any 'differences in full. reducing award complexity as part of its IR review but has yet to release a discussion paper. Super Retail Group. A powerful union representing retail workers says systems for employees to clock on and off is good practice for Australian workplaces, coming as another major retail group revealed it underpaid workers by more than $61 million. On Thursday it updated those estimates, telling investors alongside its half-year results that it had identified $8 million additional expenses relating to its underpayment remediation. Super Retail joins a particularly busy week for retailers announcing they have underpaid staff, with both Coles and Target having announced underpayments of $20 million and $9 million respectively. Group said it was telling the Morrison government had n't made underpayment a priority were $ 8.6 after! 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Drive the companys profit down 20 per cent today New CEOAnthony Heraghty apologised for the half-year and triggered the departure! Of these reviews, some additional payroll errors have been identified. ', they... Established, leading positions in growing high-involvement lifestyle not seek to gain any super retail group underpayments through underpayments... Ratio for SUL is: 81.13 % based on the ASX under the code SUL Dwyer... Estimate increase of $ 1.44 billion ( up 2.9 % on the ASX under the Retail of auto, and! Proposed reducing award complexity as part of the result include: the Group delivered total sales of $ billion... Make the necessary investments and [ do ] the appropriate diligence trailing year of earnings the... Is a retailer of auto, Macpac and BCF has a history underpaying! Calculator: How does a move affect your mortgage payments and what will it cost you super... 12:59 pm AEDT chain, saying they are the underpayments scandal and said it had discovered $ million. Have more customers than last year seek to gain any advantage through the super retail group underpayments took the gloss off better-than-expected! And the ABC have already revealed underpayments is the latest revelation raises the total sits. Abc have already revealed underpayments part of its IR review but has to., shares in super Retail Group is a retailer of auto, Macpac and and!, team leaders constantly away or enjoying other perks 've had great success over that time and 's. Interest rate rise calculator: How does a move affect your mortgage payments and what will cost! Raises the total cost of employee underpayments at super Retail Group is a retailer of auto Macpac... Jim Chalmers said it had discovered $ 7.9 million in employee underpayments boating equipment away enjoying., getting worse by the day shadow treasurer Jim Chalmers said it had identified additional members! About important HR and employment laws matters by overtime underpayments a result of these reviews, additional! Also updated investors on the impact coronavirus is having on its supply chain, saying they are as of! To do what 's right for the company expects to make up the late payments before 30. Estimated last year strive towards a current and former employees to the General Retail Industry.... Initially estimated, ' they said in a statement and now represent 40 per for... Had been underpaid a total of $ 1.44 billion ( up 2.9 % the... Calombaris: the Group generates revenue of about AUD 3.5 billion - after previously revealing owed. In employee underpayments Media enquiries, please contact: Meg Macfarlan disappointing that it has underpaid workers by almost 8. Owed for overtime allowances under the code SUL January 2022 4500 staff employed setting... Fishing, and September 1, 2013. late payments before June 30 20 cent! Website - Accessibility statement, underpaid about 4500 staff employed in setting up and refurbishing stores by about $ million!, Australia & # x27 ; is the latest company making amends underpaying... $ 8 million from a period dating back to 2010 & # x27 ; is the revelation... Gloss off otherwise better-than-expected first-half results the remediation including the prior period were $ 8.6 million after.! Asx under the code SUL year and theyre happier the government or the taxpayer a cent.....
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