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    Brief: Woolworths Updates On Underpayments Proceedings

    Picture of Woolworths logoWoolworths
    08/09/2025 24:39
    Sept 8 (Reuters) - Woolworths Group Ltd WOW.AX:

ASX ALERT-UPDATE ON UNDERPAYMENTS PROCEEDINGS-WOW.AX

REVIEWS COURT DECISION ON UNDERPAYMENTS

ESTIMATES A$180-A$330 MILLION POST-TAX LIABILITY

ADDITIONAL A$140-A$200 MILLION FROM INTEREST AND TAXES

ESTIMATE OF FURTHER POTENTIAL LIABILITY INCLUDES IMPACT ON ALL SALARIED STORE TEAM MEMBERS ON COURT’S RULING ON SET-OFF PROVISIONS, OTHERS

Further company coverage: WOW.AX

 ((Reuters.Briefs@thomsonreuters.com;))

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