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Showing 251 - 260 of 468 results for "Superannuation Guarantee"

ATO hits back at claims of inadequacy

EMMA RAPAPORT  |  FRIDAY, 5 MAY 2017
... Office has hit back at claims by the Senate economics committee that its "inadequate" approach to policing superannuation guarantee payments has exacerbated the growing problem of non-compliance. In a press release issued yesterday, the ATO deputy commissioner ...

ATO blamed for SG non-payment

KARREN VERGARA  |  WEDNESDAY, 3 MAY 2017
The Australian Tax Office's "inadequate" approach to policing superannuation guarantee payments has exacerbated the growing problem of non-compliance, a Senate committee report found. The ATO's reactive rather than proactive practices significantly ...

SG non-payment is an 'easy fix': ISA

KARREN VERGARA  |  TUESDAY, 2 MAY 2017
... government, ISA public affairs director Matt Linden said, noting a solution for the growing problem is for superannuation guarantee payments to align with wage cycles. The government should also extend single touch payroll coverage to all employees or ...

ATO payroll system tracking unpaid super

KARREN VERGARA  |  THURSDAY, 16 MAR 2017
... $3.6 billion per year, according to a joint report submitted by Cbus and Industry Super Australia at the superannuation guarantee non-payment Senate inquiry, which wrapped up on Tuesday. Cbus urged the Federal Government to align workers' superannuation ...

Wages and super should be aligned: Cbus

EMMA RAPAPORT  |  TUESDAY, 14 MAR 2017
... superannuation with the payment of wages. The industry super fund claims the quarterly payment cycle for the superannuation guarantee creates a significant risk of non-compliance and increases opportunities for payments to be missed. "The most effective ...

CBA reviews part-time staff earnings

JAMIE WILLIAMSON  |  FRIDAY, 3 MAR 2017
... entitlements. Last week the Finance Sector Union claimed CBA failed to pay part-time staff members the full 9.5% superannuation guarantee entitlements since 2009, saying those affected are continually working more than 38 hours a week without additional ...

CBA caught out on unpaid super

JAMIE WILLIAMSON  |  TUESDAY, 21 FEB 2017
... Sector Union of Australia has revealed the bank has failed to pay part-time staff members their full 9.5% superannuation guarantee entitlements since as far back as 2009. According to the FSU, many of its members employed by CBA under its Enterprise ...

Workers missing out on $147m in super: REST

EMMA RAPAPORT  |  THURSDAY, 16 FEB 2017
Less than one in ten Australians are aware of the $450 superannuation guarantee threshold according to new research from REST Industry Super. The Future of Work, a whitepaper commissioned by REST to understand the different expectations of employers ...

Half of Australian households will be retire ready

EMMA RAPAPORT  |  TUESDAY, 7 FEB 2017
... but will have reduced retire-readiness as they have not received the long term benefits of compulsory Superannuation Guarantee contributions. When the Age Pension is removed from the equation, the number of households that can afford a comfortable retirement ...

Bus operator fails to pay super

EMMA RAPAPORT  |  MONDAY, 30 JAN 2017
A Gold Coast tour bus operator accused of failing to pay the superannuation guarantee to two workers from non-English speaking backgrounds will face court over thousands of dollars of alleged underpayments. A driver for AVA Travel contacted the Fair ...