Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 221 - 230 of 2346 results for "Employer"

Treasury details winners from tax concessions on super contributions

ANDREW MCKEAN  |  THURSDAY, 1 FEB 2024
... commence on 1 July 2025, is initially expected to impact less than 0.5% of Australians. Under the current system, while employer and personal contributions to super funds are usually taxed at 15%, individuals earning over $250,000 face a 30% rate on ...

Bragg outraged over super fund payments to unions

ANDREW MCKEAN  |  WEDNESDAY, 31 JAN 2024
... though that might not be in the interest of those workers," Bragg said. While seeing no problem with supporting a union or employer group, Bragg insisted on a stringent financial rationale that aligns with members' best interests. "...some of the ...

Gender pay gap reporting to be scrutinised

ROSE MARY PETRASS  |  WEDNESDAY, 31 JAN 2024
... prepared for what's to come. The Workplace Gender Equality Agency (WGEA) will publish the first set of private sector employer gender pay gaps on 27 February 2024. This will cover 1 April 2022 - 31 March 2023 reporting. While many companies have ...

Qantas Super reduces premiums again

KARREN VERGARA  |  TUESDAY, 23 JAN 2024
... contribution scheme. It has more than 26,000 members. Parent company Qantas estimates that it will pay $66 million of normal employer contributions to its defined benefit plans in the 2023-24 financial year. The $8.4 billion super fund is actively scouting ...

Mercer Super loses state leaders

ELIZABETH FRY  |  FRIDAY, 19 JAN 2024
Mercer Super has confirmed the departure of Victoria state leader Marcus Carr following a restructure. Carr's counterpart in New South Wales and Queensland Nathan Der Stepanian has also left the firm. Carr - who has been with Mercer for over 16 ...

Distribution salaries tipped to rise: Insights

JAMIE WILLIAMSON  |  THURSDAY, 18 JAN 2024
... insights from those working in financial services, Robert Walters found that the three things employees most value in an employer in 2024 are flexible working, enhanced wellbeing strategies, and a workplace in which diversity and inclusion has been e ...

NGS Super finds new administrator

KARREN VERGARA  |  WEDNESDAY, 17 JAN 2024
NGS Super has selected a new administrator to replace Mercer, which has been providing its services for 14 years. Following a review of the $14 billion super fund's administration operating model in February 2023, NGS Super chose G​ROW Inc ​(GROW)​​ ...

Boards unprepared for new workplace laws: Research

ROSE MARY PETRASS  |  THURSDAY, 14 DEC 2023
... 45% of men directors strongly agreed their organisation is well prepared to meet its positive duty obligations as an employer. Anna Cody, sex discrimination commissioner at the Australian Human Rights Commission said there is a long way to go when it ...

APRA flags premium volatility in superannuation group life insurance

ANDREW MCKEAN  |  FRIDAY, 8 DEC 2023
APRA has lifted the lid on the key sustainability challenges of group life insurance in superannuation, notably premium volatility and data availability. At the end of 2022, APRA conducted a survey involving RSE licensees, life insurers, and reinsurers ...

Qantas Super takes merger plans to new heights

JAMIE WILLIAMSON  |  TUESDAY, 5 DEC 2023
... past." "For example, the following factors have been important considerations; larger super funds deal with thousands of employer groups and we only deal with one, COVID-19 dramatically changed the demographics of Qantas Super's membership, legislative ...