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Showing 61 - 70 of 650 results for "salary"

ATO revises advice fee tax deductibility rules

JAMIE WILLIAMSON  |  THURSDAY, 26 SEP 2024
... that the payment was for advice to assist them in managing their tax affairs. For example, fees for advice in relation to salary sacrifice arrangements will be advice that assists an individual in managing their tax affairs. If all the other requirements ...

Lack of talent challenging DDO compliance

JAMIE WILLIAMSON  |  MONDAY, 23 SEP 2024
... whereas six years ago it would have been closer to $65,000. The kinds of roles employers are looking to fill command a salary package of $150,000 - $180,000. "At $150,000, if someone has stayed in the same vertical, they're probably a senior associate ...

Payday Super penalties ramped up ahead of legislation

JAMIE WILLIAMSON  |  WEDNESDAY, 18 SEP 2024
... individual's Superannuation Guarantee (SG) contribution must be received by their super fund within seven days of their wage or salary being paid. If an employer fails to pay on time, they will be liable to pay an SG charge. Currently the SG charge ...

FSU steps up calls for reproductive leave policies

JAMIE WILLIAMSON  |  MONDAY, 16 SEP 2024
... additional 7.4 years of income and superannuation which, based on average earnings of $70,626.40 a year, amounts to lost salary and wages of more than $522,635 and foregone superannuation of more than $54,880," AIST's modelling showed. More broadly ...

APRA alleges First Super co-chair breached director duties

JAMIE WILLIAMSON  |  FRIDAY, 6 SEP 2024
... the work for the CFMEU and was aware that First Super was paying fees under the MESC contract equivalent to a full-time salary for the employee. It's also alleged he didn't seek approval from First Super for the employee to work for the CFMEU ...

Heightened costs push young Aussies to plan ahead: HESTA

MATTHEW WAI  |  TUESDAY, 27 AUG 2024
... action for their retirement in light of heightened cost-of-living pressures, a HESTA study reveals. These actions include salary sacrificing and using online calculators to keep track of their superannuation. The study surveyed 1000 Australians on what ...

Sequoia chief reappointed, hunt for successor kicks off

ANDREW MCKEAN  |  WEDNESDAY, 24 JUL 2024
... identifying a successor to take over during the next two years. Under the terms of his contract, Crole will retain his current salary for the next two years and is eligible for a short-term incentive capped at 30% of total remuneration, to be taken as ...

Remediation professionals told to temper expectations

ELIZA BAVIN  |  WEDNESDAY, 24 JUL 2024
... compliance and risk candidates into the market at tandem," the report said. "These candidates initially landed with inflated salary expectations having just collected contract rates for the better part of two years." The report said those candidates ...

Clime names acting managing director

ELIZA BAVIN  |  WEDNESDAY, 17 JUL 2024
... serving as responsible manager for several financial services licensees. Clime said Baragwanath will be on a fixed base salary of $210,000 plus superannuation and a pro-rata basis for a period of six months. Clime added that a permanent contract will ...

MetLife refreshes two products

KARREN VERGARA  |  WEDNESDAY, 10 JUL 2024
... income protection benefit calculation now includes bonuses, meaning policyholders are insured for their bonuses and not just salary. The Own Business option, which is for business owners and covers customers' loss of ability to ever work again in their ...