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

Search Results

Showing 11 - 20 of 25 results for "Commonwealth Paid"

Government to boost paid parental leave

JAMIE WILLIAMSON  |  MONDAY, 17 OCT 2022
The federal government plans to extend the Commonwealth paid parental leave scheme to six months come 2026. Over the weekend, prime minister Anthony Albanese said the government's October 25 Budget will introduce reforms to improve the systems' flexibility ...

KPMG proposes tax offset, reform to boost gender equality

ANDREW MCKEAN  |  TUESDAY, 27 SEP 2022
... reiterated two previous recommendations. These were the payment of Superannuation Guarantee contributions in the Commonwealth paid parental leave scheme and increasing the paid parental leave scheme to 26 weeks, with a more equitable sharing of leave ...

Calls to pay super on parental leave grow

JAMIE WILLIAMSON  |  MONDAY, 22 AUG 2022
HESTA has joined calls for superannuation to be paid on Commonwealth Paid Parental Leave entitlements, saying modelling shows it could see a mother of two retire with $14,000 more in her account. The super fund has joined a coalition of 18 organisations ...

Big spend on cost of living, defence

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
... recovered. Changes to paid parental leave The superannuation lobby did not get its wish for super to be paid on Commonwealth Paid Parental Leave, but the Treasurer did announce some expansions to paid parental leave. Previously, mothers and their partners ...

Budget aims to please women

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
... impact women's health, safety and economic success. Most notably, the government has committed to modernising the Commonwealth Paid Parental Leave scheme - which currently allows a mother and partner to take 10 weeks of paid leave each. Under the updated ...

Action on super gap slow, small

ELIZABETH MCARTHUR  |  TUESDAY, 8 MAR 2022
... super on parental leave. ISA calculates that in total women lost $1.86 billion in super contributions since the Commonwealth Paid Parental Leave scheme began in June 2011. This is because it is overwhelmingly women taking Commonwealth Parental Leave ...

Rest offers extra parental leave

KARREN VERGARA  |  TUESDAY, 11 MAY 2021
... leave," she said. A newly released paper from KPMG recommended that SG contributions should be included in the Commonwealth Paid Parental Scheme so as to combat the widening super gender gap. Excluding SG from paid parental leave exacerbates the savings ...

KPMG recommends super changes

KANIKA SOOD  |  WEDNESDAY, 5 MAY 2021
KPMG says SG contributions should be included in the Commonwealth Paid Parental Scheme, among three recommendations to level the gender gap in the workforce. Its recently published paper Towards a more equal sharing of work says since the 1970s, the ...

HESTA asks Retirement Income Review to consider ERS

KANIKA SOOD  |  FRIDAY, 19 JUN 2020
... rates be reviewed, superannuation splitting when relationships collapse be improved, superannuation be paid on Commonwealth Paid Parental Leave, unpaid caring roles be recognised, superannuation entitlements be provided to workers who are not classified ...

A man is not a plan: Rice Warner

ELIZA BAVIN  |  MONDAY, 9 MAR 2020
... Super (WIS) called on the federal government to help bridge the super gender gap, including paying super on Commonwealth paid parental leave, abolishing the $450 threshold and sticking to the legislated super rate increase. ISA chief executive Bernie ...