Deceased workers’ dependents On 20 June 2018, amendments to the workers compensation act increased the lump sum for dependents of deceased workers from AUD 308,339 to AUD 570,768 (250 percent of the annually indexed Prescribed Amount), the weekly child allowance […]
The Australian Minister for revenue and financial services announced an amnesty period during which employers can self-correct past noncompliance with superannuation guarantee requirements. The amnesty agreement will be available for a 12-month period from 24 May 2018, to 23 May […]
The Treasury Laws Amendment (2018 Measures No. 4) Bill, which is currently before the House, states that from 1 July 2018, employers who underpay or fail to pay their employees’ superannuation will not only face financial penalties but also up […]