Preparing for Payday Super: What Small and Medium Enterprises Need to Know
Introduction Starting July 1, 2026, Australian businesses will face a significant shift in superannuation obligations with the introduction of Payday Super. For small and medium-sized enterprises (SMEs), this change means moving from quarterly to more frequent superannuation payments, aiming to align contributions with each payroll cycle. In this article, we’ll explore what Payday Super entails, […]
Don’t Get Caught Out: What Employers Need to Know About the ATO’s Expanded Use of STP Phase 2 Data
The Australian Taxation Office (ATO) is using data from Single Touch Payroll (STP) Phase 2 to scrutinise superannuation guarantee (SG) contributions more closely than ever before. This increased visibility allows the ATO to monitor SG payments in real-time and identify non-compliance with greater precision. Key Takeaways: The expanded use of STP Phase 2 data means […]
Personal Leave vs. Annual Leave in Australia
When managing employees, understanding the difference between personal leave and annual leave is crucial for both employers and employees. In Australia, these two types of leave serve different purposes and are governed by specific regulations under the Fair Work Act 2009. This article will explore personal leave vs. annual leave, their distinct features, entitlements, and […]
Superannuation Rate in 2024: What Australian Employers and Employees Need to Know
As we move into 2024, understanding the current superannuation rate and its implications is crucial for both employers and employees in Australia. Superannuation, or “super,” is a mandatory retirement savings scheme aimed at providing financial security for Australians post-retirement. This article covers the superannuation rate in 2024, upcoming changes, and how they affect both employers […]
Understanding the Recent Changes to Fixed-Term Contracts
Fixed term contracts, as opposed to permanent contracts, are those which expire after or at a specific time. An example of a fixed term contract includes where an employee is hired in a full-time position for 6 months to cover a permanent employee on parental leave, after which their employment with the organisation will cease. […]
FWO Urges Compliance with Closing Loopholes Bill
On 15 January 2024, the Fair Work Ombudsman Anna Booth stressed the need for employers and employees to educate themselves on the new Closing Loopholes laws to ensure they are compliant. Most of the changes introduced started on 15 December 2023, while others will commence between now and 2025, giving employers time to get their […]
STP Phase 2: What Australian Employers Need to Know in 2022
Single Touch Payroll (STP) Phase 2 represents a significant shift in payroll reporting for Australian employers. Building on the foundations of Phase 1, STP Phase 2 introduces expanded reporting requirements aimed at streamlining tax and superannuation reporting processes. As of 2022, all Australian employers must comply with STP Phase 2 regulations. This article outlines the […]
Casual Conversion
On 26 March 2021, sections of the Fair Work Act relating to the rights of casual employees were amended. These amendments will impose several new obligations on employers in respect of casual employees, including the obligation to make a casual conversion offer. Casual Employment Information Statement As set out in these amendments, employers are now […]
COVID-19 Vaccinations and the Workplace
As the COVID-19 vaccine rollout begins in Australia, many employers and employees have questions regarding their legal rights and obligations when it comes to the vaccine and the workplace. Are employee’s legally required to get the vaccine? Can employers make it mandatory for their workers to get the vaccine? What happens if an employee refuses […]
Single Touch Payroll (STP) Phase 2 Delayed to 1 January 2022
Start of Single Touch Payroll (STP) Phase 2 Delayed to 1 January 2022 The ATO announced in a legislative instrument that the start of Single Touch Payroll (STP) Phase 2 – originally intended to begin on 1 July 2021, a date established before the Covid-19 pandemic – would be delayed to 1 January 2022. The announcement […]
