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

Search Results

Showing 381 - 390 of 1468 results for "Employers"

Pension pots around the world during COVID-19

KANIKA SOOD  |  THURSDAY, 16 APR 2020
... Australia, where many have warned of the long-term balance impact of withdrawing the $20,000 now. In India, members of the Employers Provident Fund Organisation, were allowed to withdraw up to three months of their salary or 75% of their savings on March ...

Trillion dollar stimulus debt debated

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 APR 2020
... scrutinised by politicians. Parliament met today to discuss the government's $130 billion JobKeeper payment, which will see employers impacted by COVID-19 eligible for $1500 per-employee in a program designed to keep people employed. The government estimates ...

Extraordinary stimulus provides wage subsidy

ELIZABETH MCARTHUR  |  MONDAY, 30 MAR 2020
... COVID-19. During a press conference today, Morrison announced a $1500 a fortnight "job keeper" payment designed to allow employers to keep employees on through the crisis. Companies will be paid the wage subsidy in what is an effort to keep employees ...

Calls for super release to borrow from RBA

ALLY SELBY  |  TUESDAY, 24 MAR 2020
... switching to these accounts, Davis said, so as to "implement repayments via annual tax calculations or via advising employers to withhold and transfer a larger sum as regular pay as you go tax amounts". The RBA too, would need to introduce a new zero ...

Stopping SG is nuclear response to COVID-19

ELIZABETH MCARTHUR  |  THURSDAY, 12 MAR 2020
... that. "In Singapore, compulsory contributions into their Central Provident Fund (CPF) are 37%. Employees pay 20% and employers 17%," Dunnin said. "Singapore's CPF plays a central role in their economy, much more so than Australia's superannuation ...

InPayTech's ClickSuper grows

HARRISON WORLEY  |  MONDAY, 9 MAR 2020
... newly inked deals have driven growth in the firm's customer portfolio. InPayTech said it developed ClickSuper to ensure employers could protect the data of their employees when making superannuation payments as small businesses expressed concernes with ...

Vanguard insto head jumps to super fund

KANIKA SOOD  |  FRIDAY, 6 MAR 2020
... investment. "To achieve our strategic goals we need to drive organic growth with well-defined propositions for our members and employers. We need to leverage our digital capability to deliver seamless service experiences and build our brand and profile ...

IOOF restructures leadership team

HARRISON WORLEY  |  MONDAY, 2 MAR 2020
... opportunities from the continued development of efficient and engaging solutions for advisers, investors, members and employers." Last week the firm was hit with another class action on behalf of shareholders, with Shine Lawyers launching action against ...

SG amnesty bill finally passes

HARRISON WORLEY  |  TUESDAY, 25 FEB 2020
... between the government and the Labor opposition to finally make its way through the parliament. The bill incentivises employers with a history of superannuation underpayment to "come forward and do the right thing by their employees" by paying any unpaid ...

Chief economist update: Aussie employment rises... but so does our unemployment rate

BENJAMIN ONG  |  FRIDAY, 21 FEB 2020
... several leading indicators. The ABS reports itself showing monthly hours worked fell by 8.1 million hours over the month. Employers would ask workers to work more hours before hiring extra staff. The ANZ job ads survey - which leads employment growth ...