Business Advice

Pizza Hut enterprise agreements accidentally terminated by Fair Work … Online retail sales up for August … Yahoo reveals full scale of 2013 data breach

Emma Koehn /

The Fair Work Commission has overturned a decision to terminate three expired enterprise agreements at fast food chain Pizza Hut, which were reportedly wrongly ended because of an “administrative error”.

The Australian reports the Commission’s senior vice president Jonathon Hamberger has revoked a decision on Friday to discontinue the agreements, which would have resulted in the workers covered by them having their conditions revert back to award wages.

The situation was due to an administrative error, Hamberger said in a statement.

Pizza Hut has urged the Commission to terminate the agreements.

Online sales bounce in August

NAB’s monthly retail sales index finished August on a high note, with a 1.7% jump in online sales across the country.

Smaller retailers continue to outstrip big businesses in the online stakes: at August 31, sales were up 15.3% for small businesses compared with last year, while sales at retailers overall were up 10.3% compared with 2016.

NAB senior economist Brien McDonald highlighted that small businesses now account for one third of all online sales. After a “couple of weak months prior”, sales in the SME sector grew 2.6% for the month of August.

Verizon reveals true scope of Yahoo data breach

Yahoo owner Verizon Communications has released new details of a high profile data breach at Yahoo in 2013, revealing that the incident affected all three billion Yahoo accounts at the time, reports the New York Times.

Previous statements from Yahoo indicated that one third of its user base was potentially affected by the attack, which saw scammers take customer data including names, dates of birth and phone numbers.

Verizon completed its acquisition of Yahoo earlier this year, and told reporters on Tuesday that after engaging external forensic experts, it had been established that the incident had affected all user accounts in 2013.

In a statement, Verizon says it is continuing to work with law enforcement on the issue.

“The investigation indicates that the user account information that was stolen did not include passwords in clear text, payment card data, or bank account information. The company is continuing to work closely with law enforcement,” the company said yesterday.

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Emma Koehn

Emma Koehn is a former senior SmartCompany journalist.

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