The unveiling of Australia’s largest tax fraud scheme in history has recently come to light, with the release of compelling evidence that had been kept confidential until now. This evidence, consisting of incriminating text messages, covertly recorded phone conversations, and discreetly placed hidden cameras, proved crucial in exposing a sophisticated tax fraud operation worth $105 […]
READ MORESuper increase from 1 July 2023
As of July 1, 2023, Australian employers will be required by law to contribute a minimum of 11 percent of a worker’s salary to their superannuation fund, up from the previous rate of 10.5 percent. This rate will continue to rise by 0.5 percent each year until it reaches 12 percent by July 2025. Industry […]
READ MORENew insights into employee earnings from STP data
The Australian Bureau of Statistics (ABS) has today released a new set of statistics on employee earnings, based on Single Touch Payroll (STP) data. Bjorn Jarvis, ABS head of labour statistics, said: “We have been producing statistics from Single Touch Payroll data for more than three years, however this is the first time we’ve produced […]
READ MORECrown to backpay staff AU$1.2m after wages error
Casino operator Crown Resorts has agreed to backpay staff $1.2 million. Crown reported the error to the Fair Work Ombudsman (FWO) in March 2020 after a letter about prioritising payroll compliance. The underpayments impacted approximately 200 employees at the Crown Melbourne and Crown Perth casinos between July 2014 and June 2020. This, Crown said, was […]
READ MOREAPA gold member Access Group
Meet Access Group, a Gold Partner of the Australian Payroll Association The Access Group is the first Australian Payroll Association Gold Partner. The gold partnership is APA’s new initiative to recognise key payroll businesses for aligning values, outcomes, and commitment to the sector. The Access Group provides customers with quality and compliant payroll products and […]
READ MOREDisclosure of criminal charges during employment
We often speak about the importance of honesty and candour in an employment relationship, particularly when it comes to matters that may be personal to an employee but which may also affect their ability to perform their role, such as their health, family or living status or their criminal record. These values are so important […]
READ MORENavigating Payroll : Unveiling the top five payroll risks
When it comes to payroll in Australia, employers face a complex landscape of rules, regulations, and compliance requirements. Ensuring accurate and timely payroll processing is crucial, not only to keep employees satisfied but also to avoid costly penalties and legal consequences. In this article, we delve into the biggest risks associated with doing payroll in […]
READ MORERedundancies and the skills matrix
When implementing redundancies, it is critical that the process for selecting employees for redundancy is a transparent and objective one. A skills matrix can assist employers in this regard by creating clear and objective criteria against which employees are to be assessed . A recent decision of the Federal Circuit and Family Court of Australia […]
READ MOREDreyfus backflip ends court limbo for Plutus architect
Attorney-General Mark Dreyfus has been commended for reconsidering his withdrawal of legal aid funding to Adam Cranston who awaits sentencing for masterminding the $105 million Plutus Payroll conspiracy. On Friday, Mr Dreyfus approved funding for Cranston’s legal costs ending a six- week hiatus in the case as the fraudster was left hanging, unable to pay […]
READ MOREHumanforce completes acquisition of SaaS company, intelliHR
Humanforce has recently announced the successful acquisition of intelliHR in a deal valued at over AUD $77 million. Humanforce, the Sydney-based global provider of workforce management (WFM) and payroll solutions, recently announced the completion of acquiring a fellow Australian-born HR tech SaaS company, intelliHR. The deal, worth over AUD $77 million, is Humanforce’s third acquisition […]
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