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The high income threshold for those claiming unfair dismissal will increase to $136,700 from 1 July 2015. When the Fair Work Act was introduced in 2009 the cap was $108, 300. Employees who earn more than the threshold are not entitled to compensation or reinstatement under the Fair Work Act 2009 unfair dismissal provisions unless that employee is covered by a modern award or an enterprise agreement.
Medium to large employers (those with 20 or more employees) must complete their SuperStream implementation by no later than 30 June 2015. This deadline has now been extended by the ATO to 31 October 2015.
For small employers with 19 or less employees, SuperStream implementation starts on 1 July this year and implementation must be completed by 30 June 2016.
WorkCover has announced changes to the way in which premiums paid by medium and large (basic tariff premium greater than $30,000) employers in NSW are to be calculated.
On 2 June 2015 the Fair Work Commission awarded a 2.5% increase in the national minimum wage, an increase of $16 per week.
The national minimum wage rises to $656.90 per week or $17.29 per hour.
The increase is operative from 1 July 2015.
For details see AFEI All Member Circular 17/2015 emailed to Members on 2 June 2015.
For a summary of the key Budget 2015-16 measures affecting employers click here to see The Adviser.