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Showing 721 - 730 of 1657 results for "Workers"

Government to close super salary sacrifice loophole

KARREN VERGARA  |  THURSDAY, 25 JUL 2019
New legislation will enforce stronger protections against dodgy employers who short change workers' superannuation savings via salary sacrifice contributions. Assistant Treasurer and Housing Minister Michael Sukkar introduced a raft of tax measures ...

Axe super for low-income earners: Senator

HARRISON WORLEY  |  THURSDAY, 25 JUL 2019
... said modelling he commissioned from research house Rice Warner shows the first year of voluntary super for low income workers would save the Government $1.8 billion. Australians don't exceed the super tax rate of 15% until they earn more than $44,000 ...

SG debate puts super in a spin

HARRISON WORLEY  |  TUESDAY, 23 JUL 2019
... MPs were urging the Government to stop the SG increase dead in its tracks, or consider winding it back for low-income workers. According to ISA, moves to wind back the increase would be akin to shifting the goal posts, and would "deny Australians the ...

First State Super, VicSuper merger talks progress

JAMIE WILLIAMSON  |  TUESDAY, 23 JUL 2019
... sense given the similarities between their memberships; largely comprised of education, community services and health workers. The similarities are also reflected in the numbers. As at May 31, the average accumulation balance at VicSuper is $97,618 while ...

ISA lays out $416bn super saving plan

HARRISON WORLEY  |  THURSDAY, 18 JUL 2019
The peak body for industry superannuation wants to see workers' retirement savings follow them from job to job by automatically rolling over into a single fund. Laying bare its plan to save $416 billion in retirement savings, Industry Super Australia ...

Grattan SG claims slammed by industry bodies

HARRISON WORLEY  |  THURSDAY, 11 JUL 2019
Peak superannuation bodies have forcefully rebuked the Grattan Institute's recent claim that middle-income workers would be worse off if the Superannuation Guarantee rose to 12%. Industry Super Australia and the Association of Superannuation Funds of ...

Increasing SG costly for middle Australia: Grattan

KARREN VERGARA  |  WEDNESDAY, 10 JUL 2019
... adding that with all things being equal the calculations take into account inflation only. An increase could also result in workers receiving lower wages. With workers' weak bargaining power and employers' unwillingness to give pay rises, Grattan is ...

ISA condemned by union

ELIZABETH MCARTHUR  |  FRIDAY, 5 JUL 2019
... stance on nuclear energy stems from the fact that the union views nuclear power and uranium mining as a deadly threat to workers. "With the Federal Liberal Government totally incapable of leading on energy policy, we think ISA should take a leading role ...

MLC Super updates TPD cover, premiums

KARREN VERGARA  |  TUESDAY, 2 JUL 2019
... preparation and laundry services, as well as looking after dependent children under the age of 16 years. Casual or contract workers; members who work less than 15 hours per week; those working in high risk occupations, and members aged 65 years or older ...

Super smashes best-performing salaries list

KARREN VERGARA  |  MONDAY, 1 JUL 2019
... that salary increases are being driven by the demand for specialised roles in the industry, the report said. Full-time workers in mathematics, statistics and information sciences were rewarded with a 44% salary increase over the period, earning $118,937 ...