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

Search Results

Showing 51 - 60 of 134 results for "Fair Work"

SG amnesty bill finally passes

HARRISON WORLEY  |  TUESDAY, 25 FEB 2020
... faith attempt to scuttle a very good bill". "It would have been a legislative and regulatory quagmire. Furthermore, the Fair Work Act does not have 100% coverage of Australian employees, with state and local government employees not covered, along with ...

CBA underpayments reach $53 million

ELIZA BAVIN  |  MONDAY, 16 DEC 2019
... interest and, where applicable, superannuation," Comyn said. The underpayments were self-reported by the bank to the Fair Work Ombudsman in February this year, with CBA working closely with the ombudsman as it conducts its own investigation into the ...

Sam Henderson cops ASIC ban

KANIKA SOOD, JAMIE WILLIAMSON  |  WEDNESDAY, 24 JUL 2019
... ASIC said. One example of poor advice highlighted during the Royal Commission was that of Henderson repeatedly pushing Fair Work commissioner Donna McKenna to establish a self-managed superannuation fund to be managed by his practice. She refused but ...

Increasing SG costly for middle Australia: Grattan

KARREN VERGARA  |  WEDNESDAY, 10 JUL 2019
... Tax Review and the Parliamentary Budget Office." It is also the position held by Paul Keating, Bill Shorten and the Fair Work Commission in 2013. The Australian Institute of Superannuation Trustees head of advocacy Ailsa Goodwin said adjusting the taper ...

Minimum wage rises by 3%

HARRISON WORLEY  |  TUESDAY, 4 JUN 2019
Australia's minimum wage is set to rise by 3%. The Fair Work Commission has determined Australia's national minimum wage (NMW) will increase by 3% to $19.49 per hour. Effective from the first full pay period starting on or after July 1, the increase ...

Ten stories that defined the Royal Commission

HARRISON WORLEY  |  WEDNESDAY, 19 DEC 2018
... profile adviser under fire The Royal Commission claimed a high profile scalp early, when it heard evidence in April that Fair Work commissioner Donna McKenna received inappropriate financial advice from Sam Henderson, the chief executive of Henderson ...

Labor pledges tougher unpaid super penalties

KARREN VERGARA  |  MONDAY, 17 DEC 2018
... face fines equal to 100% of the unpaid super. Labor pledges to change the National Employment Standards (NES) in the Fair Work Act, which give employees the power to recoup unpaid superannuation from employers and possibly take the matter to the Federal ...

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

BENJAMIN ONG  |  THURSDAY, 15 NOV 2018
... agreement increases, modern awards and salary reviews timed to coincide with the financial year. Of note, the 2017-18 Fair Work Commission annual wage review increased the minimum wage and modern awards by 3.5%." In addition, the lead from the underemployment ...

FPA fines Henderson $50k

KARREN VERGARA  |  WEDNESDAY, 14 NOV 2018
... Code is an important aspect of that commitment." In April, the financial services Royal Commission heard former client, Fair Work commissioner Donna McKenna, a sought Henderson's advice after discovering he won the 2016 Association of Financial Advisers' ...

FPA finds Sam Henderson guilty

KANIKA SOOD  |  THURSDAY, 11 OCT 2018
... funds to gain access to their details. Also appearing at the Royal Commission was Henderson's former client and Fair Work commissioner Donna McKenna. She said he pushed her to her to roll over into an SMSF managed by his firm, deposit any extra cash ...