Qantas shares touch a record high as its annual meeting kicks off under the cloud of an engineer's strike. WiseTech shares lead the ASX higher after the company's founder stands down as CEO. Follow the day's events on the ABC News live markets blog.
Qantas holds its annual general meeting in Hobart as engineers strike. The company's shares touch a record high in early trade.
"People aren't sure what this consulting arrangement is but I'm wondering about the inquiries they profess to be undertaking and how much they disclose to the marketplace," Ms Bird said. Consider this your final chance to get your coffee and snacks order, then please find your seat and fasten your seatbelts before the in-flight entertainment begins.Union members representing hundreds of engineers are calling on Qantas toIt comes as union members stop work for four hours this morning and four hours later today, and sayBy Kate Ainsworth
Should that happen, it doesn't become a free-for-all. Instead, a spill resolution is on the agenda, andAll of that to say, if Qantas gets a second strike today, it doesn't necessarily mean the board will be spilled.Earlier I mentioned that Qantas received a "first strike" at last year's AGM from shareholders over its remuneration report.endorsing the pay and bonuses for Qantas's executives — which is also known as a protest vote and delivered a first strike.
White is stepping back as CEO but will remain in charge of business and product development, providing some continuity for investors.I see your nickname and I raise you what my colleagues call me when I'm on the aviation grind: Planesworth. The workers told the ABC they play a critical role in the functioning of airports and consider themselves the "roadside assistance" for airlines on the tarmac.Tesla shares closed up nearly 22% overnight on Wall Street - their biggest single-day gain in over a decade - as CEO Elon Musk's bold forecast of surging sales reassured investors he was still looking to grow its core business of selling electric cars.
It's the latest in a series of strikes, and comes after months of delays and stalled negotiations between the major aviation unions and Qantas."Four out of the last 10 years these highly skilled workers have had a wage freeze, so they, and Qantas is refusing to fix it up."A new report by a female-led collective, Grapevine, has revealed women are leaving the technology industry in droves because of workplace harassment.
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