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Remember to pay the new super guarantee rate
Ahead of the first quarterly superannuation payment under the new rate, a reminder of the increase to the compulsory minimum super payments from 9.25 per cent to 9.5 per cent as of 1 July this year.
Employers must pay super guarantee contributions for each eligible employee at least four times a year and the first quarterly contributions need to be paid by 28 October.
Keep a look out for an AFEI email explaining your new obligations under SuperStream and the role of clearing houses.
Daylight savings starts at 2am on Sunday 5 October in NSW, ACT,Victoria, South Australia and Tasmania and with clocks to be moved forward one hour.
Western Australia, the Northern Territory or Queensland do not have daylight savings.
The NSW Government has announced that the WorkCover Industry Classification (WIC) rates will, for the period from 1 July 2014 to 31 December 2014, stay the same as the January to June 2014 policy period.
Employers with a NSW workers compensation policy are allocated to a WIC based on the nature of their business. An employer's basic tariff premium is calculated by multiplying their wages by the WIC rate for the applicable industry.
The Fair Work Commission (the Commission) is conducting the four yearly review of modern awards as required by the Fair Work Act 2009. The review is to be conducted in stages and the initial stage, concerning the legal framework for the review, has already commenced.
The Commission has announced its decision concerning the legal framework. In summary the decision concludes:
Applications for Equal Remuneration Orders have made by United Voice (UV), the Australian Education Union – Victorian Branch, and the Independent Education Union. The applications affect all directors, teachers, educators and support workers in long day care centres or preschools covered by the Children’s Services Award 2010; Educational Services (Teachers) Award 2010; Local Government Industry Award 2010; or Educational Services (Schools) General Staff Award 2010.