Casuals may soon have rights to become permanent staff

Casuals may soon have rights to become permanent staff

In the Fair Work Commission’s (FWC) 4 yearly review of modern awards, the FWC has developed a draft model for 85 modern awards to contain a provision which will allow casual employees to request full-time or part-time employment after 12 months of employment. The model provision includes: a qualifying period of 12 calendar months; a…

Changes to workplace laws

Changes to workplace laws

The start of the new financial year has seen some important changes to Australia’s employment laws. Not only do employers need to remain up to date and aware of amendments but they must also ensure they continue to meet their obligations to remain compliant. Employers must check their payroll systems and staff are implementing changes,…

Clarity surrounding death benefit pensions above transfer balance cap

Clarity surrounding death benefit pensions above transfer balance cap

Information released in the ATO’s Practical Compliance Guideline 2017/6 has clarified much confusion surrounding superannuation reforms and the commutation of a death benefit income stream before 1 July 2017. When an individual dies, their superannuation and remaining superannuation interests are to be cashed to their beneficiaries or legal representative by their superannuation provider. This payment…

Minimum wage increase from July

Minimum wage increase from 1 July 2017

The Fair Work Commission (FWC) has announced a 3.3 per cent increase in minimum wages starting from 1 July 2017. The new national minimum wage will be $694.90 per week or $18.29 per hour. The increase applies to employees that get their pay rates from the national minimum wage or a modern award. The national…

ACCC compliance priorities for

ACCC compliance priorities for 2017

The Australian Competition and Consumer Commission (ACCC) has named its key enforcement and compliance focuses for 2017, including misleading and deceptive practices, anti-competitive conduct and unfair contract terms affecting small businesses. The ACCC launched their 2017 Compliance and Enforcement policy in February detailing the industries and issues on its hit list. Among their priorities are…

Planning your estate

Planning your estate

Estate planning is an important aspect of managing your financial health. Having your affairs in order will help protect your assets and give you peace of mind. Here are three things to consider when planning your estate: Have a valid, up-to-date Will Preparing a valid Will is first and foremost. A Will helps ensure your…

SMSF Corporate vs individual trustee

SMSF: Corporate vs individual trustee?

Setting up a self-managed super fund (SMSF) requires members to choose between using an individual or a corporate trustee. Each trustee structure has varying requirements and implications for the members of the fund, so it is important to understand the differences. Members can choose up to four individual trustees or a corporate trustee, where a…

Protect your small business from legal mishap

Protect your small business from legal mishap

When starting a business there are a multitude of things to consider: having enough money, will it be a success, how busy will you be, will it pay off, what kind of toll will it take on your relationships? What small business owners do not often consider are some of the legal consequences that could…

Protecting your staff from workplace bullying

Protecting your staff from workplace bullying is necessary in this day and age; just as is protecting your business from potential lawsuits as a result of workplace bullying. According to the Fair Work Ombudsman, workplace bullying is defined as any repeated behaviour towards an individual or individuals by another individual or individuals that is unreasonable…