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Showing 1 - 10 of 16 results for "Fair Work Australia"

Fair Work ruling, ASIC put offshoring arrangements on notice

KARREN VERGARA | THURSDAY, 14 NOV 2024

Fair Work Australia's (FWA) recent ruling in favour of a Philippines-based worker to bring an unfair dismissal case against the former employer could serve as a warning for financial services firms who rely on offshoring, as the corporate regulator ...

An industry fund vision for retirement comfort

JAMIE WILLIAMSON | WEDNESDAY, 10 JAN 2018

... Alexander Shire Council was the first to have an enterprise agreement that included the program approved by Fair Work Australia in October. "We knew this would help our employees to save more for their retirements. And we knew it was a positive step ...

Government targets super in awards, board independence

JAMES FERNYHOUGH | THURSDAY, 28 NOV 2013

... The Government is considering removing a merit-based filter undertaken by an independent expert panel within Fair Work Australia to require employers to select from any of an estimated 100 MySuper funds. "Few employers will have the time or expertise ...

CSSA calls out default fund selection

BEN COLLINS | WEDNESDAY, 21 NOV 2012

... Selection Panel (DSP) to select which MySuper funds make it through to each Modern Award. Finally, the Bench of Fair Work Australia (FWA) would vet the selections from the DSP. "The amount of time and cost involved in this process is considerable," said ...

AFA: Productivity Commission caves in to Shorten's pressure

LINDA HAUSKEN | FRIDAY, 19 OCT 2012

... expectations only to let everyone, especially Australian workers, down," he added. The PC has recommended that a Fair Work Australia (FWA) panel be put in place to decide the appointment of default funds and it argues that this option would be cheaper ...

PC hands down final default super report

ALEX DUNNIN | MONDAY, 15 OCT 2012

... with improvements to the selection process and competition between funds. Its core recommendation is that a Fair Work Australia (FWA) panel be put in place to decide the appointment of default funds, albeit it's a step that could add a layer of bureaucracy. ...

Shorten reins in employer involvement in default super

MELANIE TIMBRELL | THURSDAY, 23 AUG 2012

... the selection of default funds for inclusion in modern awards to be undertaken by the expert panel within Fair Work Australia (FWA) and rejects the right to unilateral employer choice of fund outside an award. The submission affirms this option for employer ...

Legal challenges face default super inquiry

MELANIE TIMBRELL | WEDNESDAY, 8 AUG 2012

... requirements for a MySuper product in order to be considered as a default fund in modern awards. Under option three, Fair Work Australia would apply the criteria, where option four would see this done by an expert panel, whose recommendations would then ...

No role for FWA in choosing default funds: CSSA

MELANIE TIMBRELL | WEDNESDAY, 1 AUG 2012

... the Productivity Commission's default super fund inquiry, namely that an independent expert panel and not Fair Work Australia should make default fund listing decisions. Gareth Hall, CSSA treasurer, said that if option 1 of the Productivity Commission's ...

Default fund listings unnecessary: FSC

MELANIE TIMBRELL | TUESDAY, 31 JUL 2012

... product would be eligible for selection under a Modern Award which, the FSC said, would remove the need for a Fair Work Australia selection process. "This approach, although not the preferred option for the Commission in its draft report, would remove ...

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Ausfood Super appoints chief executive

ELIZABETH FRY

Australian Food Super, the superannuation fund set up for employees in the meat industry, has named Michael Sykes as its new CEO.

mFunds sparked ASX outage, $1m credit issued

KARREN VERGARA

The ASX said the outage from last month largely stemmed from the now-defunct mFunds and will subsequently credit participants $1 million to make amends.

Aussie shares cost 8% more on rebalance days: Dimensional

KARREN VERGARA

Investing in the S&P/ASX 300 on a day it rebalances puts an 8% premium on share prices, a phenomenon that follows major global indices, new research from Dimensional Fund Advisors finds.

Rest appoints first-ever chief of staff

ANDREW MCKEAN

Rest has appointed a senior wealth management leader and superannuation expert from Insignia Financial to take the reins as chief of staff.

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