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Showing 21 - 30 of 53 results for "Enterprise Agreement"

New law backs choice of fund

KARREN VERGARA  |  WEDNESDAY, 26 AUG 2020
... savings should be invested. New workers who were previously restricted to a super fund as a result of an enterprise agreement for example, now have the opportunity to choose their own superannuation fund. An employee will be able to choose their own ...

FSU wants CBA to up pay

ELIZABETH MCARTHUR  |  THURSDAY, 13 AUG 2020
... on the front line and across the back office," Angrisano added. "While pay has not yet been tabled in the enterprise agreement negotiations, we are of course expecting that the bank will recall the contribution of workers in achieving these results and ...

SG increase means lower wages: Grattan

HARRISON WORLEY  |  MONDAY, 3 FEB 2020
Grattan Institute has again weighed into the ongoing debate over the necessity of the legislated increase to the superannuation guarantee. In a new research paper, Grattan claims workers "overwhelmingly" pay for increases to the super guarantee through ...

Your Super, Your Choice debate heats up

ELIZABETH MCARTHUR  |  THURSDAY, 23 JAN 2020
The Financial Services Council and the Australian Institute of Superannuation Trustees aired some grievances about the planned Your Superannuation, Your Choice legislation. FSC chief executive Sally Loane said while the FSC broadly supports the new ...

FSC hails super choice amendments

HARRISON WORLEY  |  THURSDAY, 28 NOV 2019
... arrive at a new job only to find they must open a new superannuation account with a fund specified in an enterprise agreement - whether they want to or not," Loane said. "This is particularly important for the two million Australians working multiple ...

Woolworths admits to underpaying staff $300m

ELIZA BAVIN  |  WEDNESDAY, 30 OCT 2019
... group said the discovery was made after it began a review earlier this year after the implementation of a new Enterprise Agreement in its supermarkets and metro stores. "Woolworths Group unreservedly apologises after a review found that approximately ...

Chief economist update: Inflation is dead

BENJAMIN ONG  |  MONDAY, 29 APR 2019
Those were the days my friends, we thought would never end... but they ended. The days when measured inflation would go from minus 3% to plus 14%, give or take, back in the grim old days from the 1950s to the late 1980s are no more. Back then the monetarists ...

CBA owes staff $15 million

ELIZABETH MCARTHUR  |  THURSDAY, 18 APR 2019
Commonwealth Bank Australia (CBA) notified the Finance Sector Union (FSU) it will have to reimburse staff after a series of errors resulted in workers being underpaid. Thousands of current and former employees of CBA and BankWest have been underpaid ...

Industry fund sees boost in additional contributions

JAMIE WILLIAMSON  |  SUNDAY, 3 FEB 2019
... contribution increasing from 9.5% to 11% over three years was introduced through Swan Hill Rural City Council's Enterprise Agreement last year." The initiative is another measure by which the council can ensure its employees will retire with sufficient ...

Chief economist update: Faster wages growth a one-off?

BENJAMIN ONG  |  THURSDAY, 15 NOV 2018
... quarter wages growth was mainly influenced by increases to the national minimum wage, regularly scheduled enterprise agreement increases, modern awards and salary reviews timed to coincide with the financial year. Of note, the 2017-18 Fair Work Commission ...