Australia Briefing

Workers Win The Right to Disconnect

Qantas Airways signage at Sydney Airport. 

Photographer: Brendon Thorne/Bloomberg

Good morning. It’s Ed here in Sydney with the news you need to start your day.

Today’s must-reads:
• Ignoringafter-hours emails
First-class Qantas blunder
• Equip Super’s global hunt for deals

Under new "right to disconnect" laws, Australians can now legally ignore unreasonable after-hours work calls and emails. Employers face fines of up to A$93,000 for getting in touch with an employee for non-essential reasons outside of working hours.

In a deal that was simply too good to be true, Qantas accidentally sold first-class seats between the US and Australia for less than A$5,000 — a discount of as much as 85%. The airline said it’s rebooking 300 lucky customers into business class and blamed a coding error.

Equip Super, a A$35 billion pension fund, plans to add billions of dollars worth of private markets investments over the next few years. The bulk of the new investments will be in North America and Europe. Meanwhile, AustralianSuper has written down its investment in US education software firm Pluralsight.

Lithium miner Pilbara Minerals has cut spending on its longer-term expansion projects after a crash in full-year net income that was driven by plunging prices for the battery metal.