Controversies

Employee underpayment controversy

In December 2020, G8 Education self-reported that as many as 27,000 current and former employees may have been underpaid. The initial estimated remediation exposure was between A$50 million and A$80 million. The company began a remediation program, and a later report stated that A$37 million remained outstanding at 31 December 2022. The disclosure triggered a major adverse market reaction and raised questions about payroll controls and governance.