For the second time this year, Carinya has locked out staff, originally for seven days but cut back to four by a Fair Work Australia, who deem the lockout illegal. This follows a nine month dispute led by the staff representative, Union Voice. The highest level of Carinya staff are reported to earn $20.77 per hour while the lowest level staff at nearby Amana Living earn $20.19.
Mergers & Acquisitions
Brookfield sells retirement village operator Aveo for $3.85B
Brookfield Asset Management, a leading global alternative asset manager headquartered in New York with over US$1 trillion of assets under management, has agreed to sell its retirement living platform, Aveo, to The Living Company for A$3.85 billion...
