Sydney trader sacked for working from Singapore without permission wins unfair dismissal case
Published . Updated .
Employee had also been in Bali when he told his manager he was working from home, Fair Work Commission hears Get our breaking news email , free app or daily news podcast A Sydney currency trader who was sacked for working from Singapore without approval has won an unfair dismissal case, but failed to be awarded compensation. The Fair Work Commission ruled on Wednesday that Charles Graham had been unfairly dismissed by HIFX Australia, trading as Xe, in December last year. Continue reading...
Directly affected
- GHM Graham
Named in this report.
Indirectly affected
- LMT Lockheed Martin
Defense contractors get more work when conflict spending rises
- RTX RTX
Defense contractors get more work when conflict spending rises
- NOC Northrop Grumman
Defense contractors get more work when conflict spending rises
- GD General Dynamics
Defense contractors get more work when conflict spending rises
- ITA iShares U.S. Aerospace & Defense
A fund of aerospace and defense companies
- BA Boeing
Defense and aerospace orders move with conflict spending
- LHX L3Harris
Defense contractors get more work when conflict spending rises
- HII Huntington Ingalls
Shipyards benefit when naval spending rises
- XAR SPDR SERIES TRUST
Material security escalation can alter defense demand expectations and risk premia.
- PPA INVESCO AEROSPACE & DEFENSE ETF
GA selected PPA as a RELATED security because its canonical security name directly matches this event's themes: defense. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.
Price reaction, T-5 to T+3
Employee had also been in Bali when he told his manager he was working from home, Fair Work Commission hears Get our breaking news email , free app or daily news podcast A Sydney currency trader who was sacked for working from Singapore wi…
Source: The Guardian
Spdr Series Trust (XAR) since this story, compared with the market
Since the first closing price after “Sydney trader sacked for working from Singapore without permission wins unfair dismissal case,” Spdr Series Trust (XAR) is -1.11%. The S&P 500 fund (SPY) is -1.47% over the same days, a +0.36% difference versus the market. industrial stocks (XLI) is -1.43%, a +0.31% difference versus that group of stocks.
| Company | When | Move | Status |
|---|---|---|---|
| BA | that day | +1.45% | final price |
| BA | the next day | +0.94% | final price |
| BA | two days later | -0.64% | final price |
| BA | three days later | -1.68% | final price |
| BA | three days earlier | +1.13% | final price |
| BA | five days earlier | +3.10% | final price |
| GD | that day | +0.44% | final price |
| GD | the next day | +1.58% | final price |
| GD | two days later | +0.79% | final price |
| GD | three days later | +1.43% | final price |
| GD | three days earlier | +0.45% | final price |
| GD | five days earlier | +0.04% | final price |
| Spdr Gold Trust (GLD) | that day | +1.57% | final price |
| Spdr Gold Trust (GLD) | the next day | +0.93% | final price |
| Spdr Gold Trust (GLD) | two days later | +0.80% | final price |
| Spdr Gold Trust (GLD) | three days later | -0.70% | final price |
| Spdr Gold Trust (GLD) | three days earlier | +0.96% | final price |
| Spdr Gold Trust (GLD) | five days earlier | +0.41% | final price |
| HII | that day | -0.17% | final price |
| HII | the next day | -0.38% | final price |
| HII | two days later | -2.78% | final price |
| HII | three days later | -0.22% | final price |
| HII | three days earlier | -0.48% | final price |
| HII | five days earlier | +1.37% | final price |
| IShares U.S. Aerospace & Defense ETF (ITA) | that day | +0.87% | final price |
| IShares U.S. Aerospace & Defense ETF (ITA) | the next day | +0.59% | final price |
| IShares U.S. Aerospace & Defense ETF (ITA) | two days later | -0.39% | final price |
| IShares U.S. Aerospace & Defense ETF (ITA) | three days later | -0.31% | final price |
| IShares U.S. Aerospace & Defense ETF (ITA) | three days earlier | +1.63% | final price |
| IShares U.S. Aerospace & Defense ETF (ITA) | five days earlier | +1.41% | final price |
Companies in defense around Spdr Series Trust (XAR)
Companies tied to this story
- XAR Spdr Series Trust
For “Sydney trader sacked for working from Singapore without permission wins unfair dismissal case,” Spdr Series Trust (XAR) is linked, with no stored direction, medium confidence. Reason on file: Material security escalation can alter defense demand expectations and risk premia
- ITA IShares U.S. Aerospace & Defense ETF
For “Sydney trader sacked for working from Singapore without permission wins unfair dismissal case,” IShares U.S. Aerospace & Defense ETF (ITA) is linked, with no stored direction, medium confidence. Reason on file: Material security escalation can alter defense demand expectations and risk premia
- PPA Invesco Aerospace & Defense Etf
For “Sydney trader sacked for working from Singapore without permission wins unfair dismissal case,” Invesco Aerospace & Defense Etf (PPA) is linked, with no stored direction, medium confidence. Reason on file: GA selected PPA as a RELATED security because its canonical security name directly matches this event's themes: defense. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- WAR U.S. Global Technology And Aerospace & Defense Etf
In “Sydney trader sacked for working from Singapore without permission wins unfair dismissal case,” U.S. Global Technology And Aerospace & Defense Etf (WAR) is linked, with no stored direction, medium confidence. Reason on file: GA selected WAR as a RELATED security because its canonical security name directly matches this event's themes: defense. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
- GLD Spdr Gold Trust
For “Sydney trader sacked for working from Singapore without permission wins unfair dismissal case,” Spdr Gold Trust (GLD) is linked, with no stored direction, medium confidence. Reason on file: Material security escalation can affect safe-haven and macro-risk proxies; this is a monitoring relationship, not a directional prediction
- TLT Ishares Tr
In “Sydney trader sacked for working from Singapore without permission wins unfair dismissal case,” Ishares Tr (TLT) is linked, with no stored direction, medium confidence. Reason on file: Material security escalation can affect safe-haven and macro-risk proxies; this is a monitoring relationship, not a directional prediction
- UUP Invesco DB US Dollar Index Bullish Fund
For “Sydney trader sacked for working from Singapore without permission wins unfair dismissal case,” Invesco DB US Dollar Index Bullish Fund (UUP) is linked, with no stored direction, medium confidence. Reason on file: Material security escalation can affect safe-haven and macro-risk proxies; this is a monitoring relationship, not a directional prediction
How defense news reaches Spdr Series Trust (XAR)
“Sydney trader sacked for working from Singapore without permission wins unfair dismissal case” (11 Oct 2026) reaches Spdr Series Trust (XAR) through Defense.
What ties Spdr Series Trust (XAR) to the headline is this: Material security escalation can alter defense demand expectations and risk premia
A second company, IShares U.S. Aerospace & Defense ETF (ITA), is listed for a different reason: Material security escalation can alter defense demand expectations and risk premia
Price levels for Spdr Series Trust (XAR)
ITA traded between 201.08 and 217.79 across 20 sessions. The latest close on file is 207.60. PPA traded between 151.56 and 162.12 across 20 sessions. The latest close on file is 156.07. XAR traded between 216.28 and 245.40 across 20 sessions. The latest close on file is 223.20.
The defense score for Spdr Series Trust (XAR)
46 out of 100
“Sydney trader sacked for working from Singapore without permission wins unfair dismissal case” scores 46 out of 100. The score uses 1 sources, and 7 linked companies.