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Showing 61 - 70 of 89 results for "Unpaid super"

Unpaid super penalties too light: ISA

DARREN SNYDER  |  THURSDAY, 25 OCT 2018
... Linden said the revelations suggest there is a basic failure to enforce the law which is likely contributing to the unpaid super problem. "The wholesale waiver of statutory penalties prescribed under the law for failing to pay super on time is a green ...

Unpaid super reaches $6bn

DARREN SNYDER  |  MONDAY, 4 JUN 2018
Industry Super Australia is lobbying the Federal Government to improve proposed laws that further address unpaid superannuation, a figure estimated to be about $5.9 billion as at 2015-16. Speaking to a Senate committee hearing in Canberra on Friday ...

Amnesty granted to employers with unpaid SG

KANIKA SOOD  |  THURSDAY, 24 MAY 2018
... history of underpaying the superannuation guarantee will have a chance to "wipe the slate clean" and clear any pile of unpaid super without copping late payment penalties from the Government, according to legislation introduced in the Parliament today. ...

New law tightens unpaid SG penalties

KARREN VERGARA  |  THURSDAY, 29 MAR 2018
... entitlements could face court-ordered penalties and even jail time under a new law designed to combat the $2.85 billion unpaid super problem. Minister for Revenue and Financial Services Kelly O'Dwyer introduced legislation in Parliament overnight in ...

O'Dwyer proposes compulsory unpaid super law

KARREN VERGARA  |  THURSDAY, 25 JAN 2018
The Federal Government is proposing all employers transition to the Single Touch Payroll (STP) system from 1 July 2019 under its superannuation guarantee reform package. What previously applied to employers with 20 employees or more is now being extended ...

Industry association targets super gaps

EMMA RAPAPORT  |  MONDAY, 8 JAN 2018
... rectify the superannuation system. The industry association said urgent solutions must be found to address the issue of unpaid super and the gaps in superannuation coverage. "Our submission presents a solution aimed at reducing the gender gap, with a ...

Xenophon team introduce unpaid super Bill

KARREN VERGARA  |  MONDAY, 11 SEP 2017
... the wage cycle, abolishing the monthly $450 threshold, and granting the Fair Work Ombudsman greater power to recoup unpaid super has been introduced in Parliament. Rebekha Sharkie, federal member for Mayo, South Australia and a member of the Nick Xenophon ...

Intervention from trustees can address unpaid super: IFS

EMMA RAPAPORT  |  WEDNESDAY, 6 SEP 2017
Early intervention from superannuation fund trustees is critical to addressing the unpaid super gap according to Industry Fund Services. The service provider has called out employers for underpaying Australian workers $17.1 billion in compulsory super ...

Government funds ATO superannuation taskforce

DARREN SNYDER  |  TUESDAY, 29 AUG 2017
... that requiring small employers to adopt STP for super payments was a critical element in addressing the issue of unpaid super. "The problem of non-compliance with super payments is most acute among small business so requiring all employers to take up ...

Cbus chief executive wins FEAL award

EMMA RAPAPORT  |  FRIDAY, 4 AUG 2017
... contribution in areas such as environmental, social and governance (ESG); diversity; the indigenous community; and unpaid super as well as his steerage of Cbus. "David's outstanding leadership of Cbus and industry advocacy of best practice in sustainability ...