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Showing 1 - 10 of 595 results for "Salary"

Coalition urges super funds to push for QAR reforms

ELIZA BAVIN  |  THURSDAY, 21 NOV 2024
... created an incentive for young Australians to engage with their super contributions and build good habits by making voluntary salary sacrifice contributions," he said. "When we first introduced the First Home Super Saver Scheme, Labor voted against it ...

ATO recovers $900m in unpaid super

JAMIE WILLIAMSON  |  WEDNESDAY, 20 NOV 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. In September, the government ...

CFS, Viridian Advisory launch low-cost advice deal

KARREN VERGARA  |  MONDAY, 4 NOV 2024
... platform can now guide CFS members in choosing the right investments, maximising contributions including lump sum payments and salary sacrifice to grow their super and selecting the appropriate insurance cover that fits their life stage," Otivo chief ...

Aussies struggle with financial goals: Generation Life

ANDREW MCKEAN  |  WEDNESDAY, 16 OCT 2024
... they're related to government policy issues, legislative changes, using the right tools and knowledge to impact tax as salary or income increases, or how to invest a lump sum received as an inheritance," he said. "It's almost impossible to do this without ...

Trust in advisers reaches new high: Survey

KARREN VERGARA  |  WEDNESDAY, 2 OCT 2024
... own practice, Globe Financial Planning, FAAA chair David Sharpe sees a variety of mum and dad clients who earn a median salary of $100,000. "Those who aren't on super high incomes or don't have super high wealth are still getting benefit. We ...

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 ...
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