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Showing 31 - 40 of 53 results for "Enterprise Agreement"

Industry stakeholders welcome PC report

JAMIE WILLIAMSON  |  WEDNESDAY, 30 MAY 2018
The Financial Services Council welcomes key recommendations made in the Productivity Commission's assessment of superannuation efficiency and competitiveness. It agrees consumer outcomes could be significantly improved. A central finding of the PC report ...

Chief economist update: Wagering on wages

BENJAMIN ONG  |  WEDNESDAY, 21 FEB 2018
Australians, all, will find out if overall wages in the domestic economy has run faster, slower or continue to mark time when the Australian Bureau of Statistics (ABS) releases its Wage Price Index report for the December 2017 quarter today. Consensus ...

An industry fund vision for retirement comfort

JAMIE WILLIAMSON  |  WEDNESDAY, 10 JAN 2018
... and part as an additional contribution to super which accumulates over the typical three-year life of an enterprise agreement. Staff are automatically included in the program but can opt out. Mount Alexander Shire Council was the first to have an enterprise ...

Members better off with equal representation: AIST

KARREN VERGARA  |  TUESDAY, 10 OCT 2017
... their choice, including an SMSF, when starting new employment, and not be forced into a fund because of an enterprise agreement or industry award," he said. In response to the Treasury Laws Amendment (Improving Accountability and Members Outcomes in ...

Banks must overhaul product-based incentives

KARREN VERGARA  |  WEDNESDAY, 19 APR 2017
... customer service and support staff; they instead will receive a standard pay rise of 3% per year under an enterprise agreement. With respect to third parties such as mortgage brokers and aggregators, NAB said it does not pay volume-based incentives on ...

First Super halts private equity investments

ALEX BURKE  |  MONDAY, 10 APR 2017
First Super will make no new investments in its private equity program as its existing $100 million private equity portfolio is under review. This is being done, the fund said, due to concerns about poor labour practices exhibited by companies in which ...

CBA caught out on unpaid super

JAMIE WILLIAMSON  |  TUESDAY, 21 FEB 2017
... entitlements since as far back as 2009. According to the FSU, many of its members employed by CBA under its Enterprise Agreement are on part-time contracts which allow them to work up to 38 hours a week while still being considered part-time though are ...

Choice of super fund won't always work: REST

DARREN SNYDER  |  FRIDAY, 8 JAN 2016
Offering a choice of superannuation fund to more Australian workers doesn't mean they will exercise the opportunity, nor make any better long-term investment decision. This was one of several views presented by REST Industry Super in its submission ...

Government proposes super portfolio disclosure

DARREN SNYDER  |  THURSDAY, 10 DEC 2015
Super portfolio disclosure is one of a number of measures tabled by the Federal Government to help Australians make more informed decisions about their superannuation. The Federal Government is also proposing using consolidated MySuper data to compare ...

OPINION: Super is Murray's big rock

ANDREW BRAGG  |  WEDNESDAY, 18 NOV 2015
... hundreds of thousands of us are locked into a super fund we can never leave that has been chosen for us in an enterprise agreement? Murray has uncovered a little understood gap in the super choice laws which allows employers and unions to lock employees ...