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Showing 21 - 30 of 868 results for "wages"

'Outdated' law gating teenagers from thousands of dollars in super: Industry

MATTHEW WAI | THURSDAY, 11 DEC 2025

... employers. Most teenage workers, especially young women who are more likely to work part-time, are not yet paid super on their wages. The SMC said girls typically work under the threshold hours in the retail and community services industries, while boys ...

RBA opts to keep cash rate on hold

ANGELIQUE MINAS | WEDNESDAY, 10 DEC 2025

... effects of previous interest rate reductions are yet to reach their full potential in terms of impact on demand, prices and wages. Although, money market interest rates and government bond yields have risen recently, it said. The RBA acknowledged labour ...

Rest launches clearing house solution

ELIZA BAVIN | WEDNESDAY, 3 DEC 2025

... for Payday Super and aims to make it easier for employers to pay their employees' superannuation at the same time as their wages for each pay cycle. Rest chief member officer Simone Van Veen said the introduction of Payday Super laws will also help members' ...

IMF tells Chalmers to curb spending

ELIZA BAVIN | FRIDAY, 21 NOV 2025

... was positive for the outlook for the economy. "Under Labor, inflation is around a third of its peak, debt is down, real wages are growing, unemployment is low, we've overseen the creation of more than 1.2 million jobs and interest rates have already ...

Payday Super laws passed

ELIZA BAVIN | TUESDAY, 4 NOV 2025

... one of the most significant reforms to the superannuation system in decades, and it's long overdue. Paying super with wages will make the system fairer, boost retirement balances, and ensure super is achieving its core objective," Delahunty said. ...

Unclaimed super pot hits $19bn: ATO

ELIZA BAVIN | THURSDAY, 30 OCT 2025

... stipulates that from 1 July 2026 employers must pay their employees' superannuation at the same time as their salary and wages. The reforms were read for a second time this week with Treasurer Jim Chalmers saying they would help stop "disreputable" ...

Government's rush to implement Payday Super is 'reckless': Coalition

MATTHEW WAI | WEDNESDAY, 29 OCT 2025

... with over $5 billion in unpaid super that should have gone to workers. "Super is an entitlement for workers, like salary or wages, and unpaid super is a form of wage theft," Chalmers said. "This issue disproportionately affects more vulnerable Australians ...

Kenya to establish sovereign wealth fund

JAMIE WILLIAMSON | TUESDAY, 28 OCT 2025

... 4.5% this year to 5% in FY27. However, the country still faces structural issues around insufficient job creation and low wages, particularly for young people, the World Bank notes.

Removing CGT breaks could boost budget by $22.7bn: Report

ANGELIQUE MINAS | FRIDAY, 10 OCT 2025

... wealth and fund lavish lifestyles through untaxed growth in assets and investments. It's time we tax income from wealth like wages, and that starts by scrapping the 50% capital gains discount on profits from sales of investments," she said. In an additional ...

Payday super laws introduced to parliament

RIDDHIMA TALWANI | THURSDAY, 9 OCT 2025

... stipulates that from 1 July 2026, employers must pay their employees' superannuation at the same time as their salary and wages. Treasurer Jim Chalmers, speaking in the parliament today, said the change will strengthen Australia's superannuation ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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