One awkward thing about the nations unionists teaming up with the nations bosses to responsibly steward the capital of the workers is that it sometimes leaves the unionists defending the workers capital over … well, the workers.
As reported in this paper on Wednesday, embattled IFM-backed field services contractor Tandem has placed the majority of itself into administration, as one of its subsidiaries geared up for the start of a major class action over allegedly underpaying thousands of workers.
Former ACTU secretary is the chairman of IFM, which is the controlling shareholder of Tandem. Louie Douvis
Funds management behemoth IFM which is itself owned by 26 industry funds and is part of a consortium that on Monday made a $22 bil…
Read the full article at: https://www.afr.com/rear-window/ifm-s-tandem-leaves-workers-in-the-lurch-20210706-p5878r
