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Showing 1301 - 1310 of 2620 results for "Employees"

A rate rise on the ides of March?

BENJAMIN ONG  |  THURSDAY, 16 FEB 2017
... the highest since September 2014. The survey showed the employment component turned positive in February: number of employees rose to a reading of 2 from -1.7 in January; and average workweek increased to 4.1 from -4.2. The Empire State manufacturing ...

Meat industry super fund CIO departs

ALEX BURKE  |  WEDNESDAY, 8 FEB 2017
The chief investment officer of the Meat Industry Employees' Superannuation Fund (MIESF) resigned from her position. Mary McLaughlin was CIO at MIESF from 2013. In a statement, she said that her time at the fund had been "very interesting and the fund ...

Equip eyes merger with Rio Tinto plan

JAMIE WILLIAMSON  |  WEDNESDAY, 1 FEB 2017
... reinforce Equip's reputation as a trusted provider of superannuation benefits and financial advice for employers and their employees," Fairley said. Fairley said that key considerations for the union were complementary fund cultures, a common fund administrator ...

Bus operator fails to pay super

EMMA RAPAPORT  |  MONDAY, 30 JAN 2017
... inaction against rogue employers who were holding back superannuation entitlements, claiming that as many as 30% of employees were missing out on superannuation guarantee payments. In 2016, a Melbourne based food wholesaler was fined $85,000 in the Federal ...

Industry funds blame ATO for super underpayment

EMMA RAPAPORT  |  WEDNESDAY, 25 JAN 2017
... affairs director Matthew Linden said. "If the ATO had a more effective compliance system in place, the likelihood of employees being short-changed would be significantly reduced." Linden warned that lower balances, an average of $35,000 shortfall in ...

AustralianSuper lends muscle to big employers

MICHELLE BALTAZAR  |  TUESDAY, 24 JAN 2017
... major company (undisclosed as at time of publication) chose AustralianSuper as the default superannuation fund for their employees starting June this year. All three fall under the category of large employers with more than 250 staff - the higher end ...

ASIC calls time on super disclosure exemption

ALEX BURKE  |  FRIDAY, 20 JAN 2017
... the current arrangements, employer subplans within super funds, which allow corporates to create tailored accounts for employees, are not required to publish governing rules, recent actuarial reports and "summaries of each significant event notice made ...

Jobs and jobless rate rise

BENJAMIN ONG  |  FRIDAY, 20 JAN 2017
... lengthening of monthly hours worked. This is based on the observation that employers first increase hours of existing employees as sales improve, then hire part-time workers before employing full-timers as conditions continue to improve. Monthly hours ...

Mercer undergoes global restructure

ALEX BURKE  |  TUESDAY, 10 JAN 2017
... of the restructure - Mercer did not comment on this directly - but the spokesperson noted the influx of about 700 new employees in Australia and New Zealand following the acquisition of Pillar, adding the restructure had nothing to do with said acquisition. ...

Goldman Sachs fined $120m for rate rigging

JAMIE WILLIAMSON  |  FRIDAY, 23 DEC 2016
... of the allegations, despite the CFTC presenting email trails and telephone conversation recordings of Goldman Sachs employees discussing plans to try to influence the ISDAFIX benchmark, as it's known on Wall Street. Goldman Sachs will pay $120 million ...