A security company has been ordered to pay $80,000 to a former employee assaulted by current All-Australian AFL captain Toby Greene nearly a decade ago, a court finding that he could have claimed insurance for "permanent disablement" but for the employer failing to pay his superannuation on time.
A judge has declined to bundle together an employer's various workplace breaches in ordering it to pay $163,000 in fines to a former worker for stripping his severance pay of more than 500 accumulated annual leave hours.
Federal Treasury is consulting on draft legislation that will enshrine an objective for super of preserving savings "to deliver income for a dignified retirement, alongside government support, in an equitable and sustainable way", partly to prevent a repeat of the Coalition's coronavirus early release policy.
Employer organisations have generally welcomed the Albanese Government's plan to require businesses to pay superannuation on paydays rather than quarterly from 2026, but the small business lobby is seeking lower costs and possible exemptions.
Two veteran truck drivers held by the High Court to be contractors rather than employees have today lost a cross-appeal seeking to establish an entitlement to decades of superannuation on the basis that they fell within the wider meaning of employee in the Super Guarantee Act.
The one in every six workers who took up the Morrison Government's invitation to withdraw their super during the pandemic mostly took the maximum $20,000 or their whole account balance, tended to spend the windfall on gambling and consumer items, and cut their retirement income by $120,000 in today's dollars, according to a new academic study.
TPG Telecom says it used a legal documents designer and best-practice inclusivity guidelines to create an engaging, accessible post-merger deal with "amazing" conditions, but the CEPU's communications division says it delivers a pay cut and unfairly shifts the goalposts on penalty rates.
The Albanese Government will cap the concessional tax treatment for earnings from superannuation accounts with balances exceeding $3 million from July 2025, it announced today.
The Albanese Government will soon introduce further IR legislation to include superannuation payments in the National Employment Standards (NES), clarify coverage of temporary migrant workers and ensure stronger access to unpaid parental leave.
The FWC will review superannuation clauses in more than 100 awards over concerns that they could conflict with last year's legislative changes to "stapled" funds and underperforming products.
