the lure of the gig economy for workers

“Whatever we come up with needs to be fit for purpose across all sectors and accommodating all sorts of work,” she said. “It also needs to be fair and it needs to ensure there are ways of resolving questions about the status of the worker and what rules apply.” Dennis Peperkamp, 47, and his wife Nathalie, who are both students, have been working for Deliveroo for almost a year and enjoy the flexible hours. “You can work whenever you want,” Mr Peperkamp said. “You can buy insurances and get that…

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ASX set to lift after shock result before investors shift focus elsewhere

Dr Oliver said the Coalition win removed uncertainty on excess franking credits, changes to negative gearing and capital gains tax adversely affecting the property market, and increased industrial relations regulation. Loading The shock result has wide-ranging implications for a slew of listed companies, from banks to builders and resources firms, with Labor’s plans to scale back tax incentives for investors and take tougher action on climate change now dead. Property-related shares, banks and retail shares could be the key beneficiaries, he said. “Against this though the Australian share market has…

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Shopkeepers welcome surprise election result, hoping consumers will spend

“I’m happy with where the results are at from last night. I think it will be good for business,” Carey says. “A lot of our customers today in this area in particular, a lot are Liberal voters. They’re shocked but happy. “Plenty of conversation in this area was to do with franking credits, for example. If a Labor government got in a lot of people had set their lives up to retire and live off that income. All that talk removes confidence in everything. “We still see people spending but…

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Sportsbet blunder costs $5.2 million as bookies admit to political misreading

Despite the massive loss, Sportsbet had not lost its humour when asked if it regretted the decision to pay out early. Its markets predicted Labor would win 82 seats and the Coalition 63. “The quality of toilet paper and stationary will need to be significantly decreased at the Sportsbet offices to cover these costs and we can only keep the heaters on for two hours a day, but in the end, we have a result where most of our punters on a market are winners,” Mr Hummerston said. “You don’t…

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Sportsbet to lose at least $5.2 million thanks to election bungle

Despite the massive loss, Sportsbet had not lost its humour when asked if it regretted the decision to pay out early. Its markets predicted Labor would win 82 seats and the Coalition 63. “The quality of toilet paper and stationary will need to be significantly decreased at the Sportsbet offices to cover these costs and we can only keep the heaters on for two hours a day, but in the end, we have a result where most of our punters on a market are winners,” Mr Hummerston said. “You don’t…

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Uber rang in its IPO with champagne and mimosas. Then the hangover began

Investors pushed out Uber’s longtime chief executive, and the company hired a former US attorney general to conduct a study of its workplace culture. That resulted in a 13-page report that provided new employee guidelines, including suggesting limiting the availability of alcohol in the workplace and de-emphasising alcohol as a component of work events. Still, while Uber’s senior executives were away in New York for the company’s $US82 billion ($120b) IPO, staffers at the San Francisco headquarters and elsewhere were drinking in the offices to celebrate the company’s stock listing, which…

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The row over Erskineville Farmers’ Market

Loading Department of Education figures show NSW public schools made $31.87 million from hire of school facilities in 2017. Schools with successful markets such as Bondi Beach Public, Orange Grove Public in Lilyfield, Glebe Public and Rozelle Public are earning hundreds of thousands of dollars in extra income. The Erskineville Farmers’ Market, which started in December last year, operates 9am to 2pm most Saturdays on the school grounds, with up to 35 stalls including food trucks and a coffee cart. The nearest cafe is less than 100 metres away. Other…

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Election results can make you miserable, but can they make you happy?

It revealed a steep drop in life satisfaction reported by Democrats in the wake of Trump’s election. A new academic study used that survey to gauge how the past two presidential elections affected the wellbeing of the American people. A Democratic Party supporter watches 2016 election results come in. Credit:Simon Dawson It found the decline in life satisfaction of Democrats after Trump’s 2016 win was akin to when a person loses their job or suffers a health problem which prevents normal activities. In other words, the election result caused misery…

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the badly injured Qantas steward who was forgotten

Seven months after the incident, his daughter is still in need of 24-hour care due to serious brain injuries. Her condition compounds Mr Maiava’s own precarious physical, psychological and financial plight. “I am broke. I can’t provide for my family, my children. I am on my own and it is through no fault of my own,” he said. Fuzzy Maiava at the bedside of his youngest daughter, Apolonia, who was hit by a speeding motorist on October 7 last year, the 10-year anniversary of Qantas Flight 72. While other crew…

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The world’s most unpopular shares are starting to slide

Analysts remain pessimistic even after recent declines: trade wars are only adding to the region’s woes of spotty economic data and messy political developments in the UK and Italy, where the country’s Deputy Premier is challenging European fiscal rules. Being short European equities is one of the most popular trades globally, according to the Bank of America fund manager survey, and Sanford C. Bernstein strategists last month said the region is “uniquely hated.” Loading State Street Global Advisors, which oversees $US2.8 trillion ($4.1 trillion), agrees with the consensus. “We’re definitely…

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