EmployersFIRST
The JobKeeper payment is changing
September 25th, 2020
From Monday 28 September, JobKeeper wage subsidies will be reduced from the current rate of $1500 per fortnight to either $1200 or $750 per fortnight depending on how many hours an employee works. Businesses must also meet new turnover tests. Here’s what you need to know. Payment rates On 28 September, a two-tier payment system will be introduced for JobKeeper, with Tier 1 and Tier […]
Important changes to your First Super clearing house
September 25th, 2020
The way many of you pay and manage your employees’ super is about to change. A number of our employers currently utilise what is referred to as Gen 1, an older version of our clearing house service. This version is to be replaced by Gen 2, which is more intuitive, modern and gives you more features […]
Changes to super choice laws
September 25th, 2020
Following recent changes to legislation, from 1 January 2021 workers cannot be forced into an employer’s chosen super fund under new enterprise bargaining agreements (EBAs) and workplace determinations. All employees must be provided with a Standard Choice form and allowed to choose their own super fund. Below, we have answered some common questions about the changes. What is the new legislation? The Federal Government […]
New $3 billion support package for business
September 14th, 2020
One week after extending coronavirus restrictions across the state, the Victorian Government has announced a new support package for businesses, which includes cash grants, tax relief and cashflow support. The $3 billion Business Survival and Adaptation Package is designed to help businesses survive the continued lockdown and prepare for reopening under ‘COVID-normal’ conditions when restrictions ease. So, what’s included? SURVIVAL MEASURES third round of the Business Support Fund, providing up to $20,000 for small and […]
The Super Guarantee Amnesty window is closing
August 24th, 2020
The Super Guarantee (SG) Amnesty is a one-off opportunity for employers to catch up on past unpaid super amounts without risk of fines. But if you plan to apply, you need to do so now as the six-month amnesty window is closing soon. Time is running out The SG amnesty ends on 11.59pm on 7 September 2020. If you’re concerned about your ability to make payments due to the financial impacts of coronavirus, the […]
Forestry funding boost to Gippsland and Central West NSW
July 24th, 2020
The Federal Government has announced the creation of two new Regional Forestry Hubs to be created in Gippsland and Central West New South Wales. The $2.2 million funding of the hubs is central to the implementation of the National Forest Industries Plan. Assistant Minister for Forestry and Fisheries Senator Jonno Duniam said the investment would […]
Mental health resources for businesses
May 22nd, 2020
Over the past few months the impact of coronavirus has created challenges that employers may never have experienced before. Depending on your business, you and your workers may now be working staggered rosters, performing modified duties on site, or working remotely. Recent surveys have revealed that isolation, changing circumstances, financial uncertainty, new rules, and alarming […]
Your employees may not be aware, but they likely received a ‘default’ level of insurance cover for death and total and permanent disablement (TPD) when they joined their super fund. This provision was introduced as part of the Federal Government’s “Stronger Super” reforms in October 2012. Seven years later on, Protecting Your Super Package (PYSP) legislation introduced on 1 July 2019 mean that super members whose accounts have not received […]