One of the state’s largest Indigenous corporations has revealed it underpaid more than 600 employees over a three-year period, amounting to around $1.36 million.
Related Data & Insights
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Indigenous Corporations
Rank Company # 12th Marra Worra Worra Aboriginal Corporation $24.6m 13th YMAC $24.6m 14th KLC $23.5m 15th Derbarl Yerrigan Health Service $20.3m 16th PAMS $20.2m 74 indigenous corporations ranked by total revenue - this year
Surpluses to continue but debt increases
The state government has forecast continued budget surpluses but behind the headline numbers lie big “cash deficits” and a large increase in state debt.
Treasurer Rita Saffioti said the budget surplus is expected to be $3.2 billion in the year to June 2024 .
That is down from $3.7 billion that was forecast in the mid-year budget review in December, largely because of timing differences in Commonwealth payments and a relatively low iron ore price of $US100 per tonne when the budget numbers were finalised.
Jack McGinn reports on mining projects in the state, including the closures and scale backs that happened in early 2024.