Browsing: Superannuation | Page 13 (129 items)


Minimum wage panel member denies conflict of interest

The ACTU's bid to remove former senior public servant Tony Cole from this year's annual wage review has failed, after he told the peak body in a consultation hearing this morning that he would not step down because he was not a party to the Audit Commission's recommendation to reduce the minimum wage.


Employer pays for "naive and unacceptable" interpretation of employment contract

A finance broking house that issued a Brisbane-based employee five payslips in six years and employed him on a commission-based agreement that it believed did not entitle him to base salary, sick pay, annual leave and superannuation entitlements has been ordered to pay him almost $124,000 in penalties.



Razor gang backs lower parental leave cap, longer super preservation

Advocating a much more severe cut to the Coalition's paid parental leave scheme than Prime Minister Tony Abbott announced on Tuesday, the National Audit Commission has recommended the government cap payments at average weekly earnings and plough the resulting savings into child care assistance.


Super panel presses on with review in face of retail fund challenge

The FWC's President, Justice Iain Ross, in a ruling handed down this morning, has told the Financial Services Council it should take its complaint about the constitution of the default superannuation expert panel to the Federal Court.


Retail funds seek to stymie FWC super review

The peak body for retail superannuation funds is seeking an urgent Fair Work Commission hearing in a bid to halt the review of default funds in modern awards.



Accountants call for more equity in superannuation system

A peak body for accountants has called on the federal government to improve the equity of super by retaining co-contributions for low earners and permitting all Australian workers to claim a tax deduction for personal contributions, but the assistant treasurer has reiterated the government's commitment to proceeding with its planned changes.



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