Payroll errors are often seen as minor administrative issues—until they escalate into costly, time-consuming problems. A single mistake in payroll can result in financial penalties, reputational damage, and even legal consequences. Yet, many organisations still underestimate the importance of proactive payroll governance. By the time an error is identified and corrected, the cost is often […]
READ MOREAustralianSuper fined $27 million after ASIC investigation into failing to merge multiple superannuation accounts
AustralianSuper, the trustee of Australia’s largest superannuation fund, will pay a $27 million penalty after the Federal Court today found that it failed to merge multiple member accounts. The Court held this to be a breach of the fundamental duties and obligations AustralianSuper owed to its members, and that it was inexcusable for Australian Super […]
READ MOREHairdressing salon operators face court for alleged failure to pay unfair dismissal compensation
The Fair Work Ombudsman has commenced legal action against the operators of two hair dressing salons in western Sydney for allegedly failing to comply with a Fair Work Commission order to pay compensation to an unfairly dismissed teenage worker. Facing court are Hair & Co Pty Ltd, which operates the ‘Hair & Co’ salons at […]
READ MOREWhy data privacy should be a priority for payroll professionals
Payroll data is among the most sensitive information an organisation holds, containing everything from personal details to salary information, tax records, and bank account numbers. For payroll managers, safeguarding this data is not just a matter of compliance but a fundamental responsibility to both employees and the organisation. With open plan offices and hybrid working […]
READ MOREUnderstanding payroll calculations: 52 vs. 52.14 weeks
Payroll professionals frequently encounter confusion when calculating pay and leave accruals due to the difference between a 52-week year and a 52.14-week year. While it may seem like a minor distinction, using the wrong figure can result in miscalculations that affect salary payments, leave entitlements, and overall payroll compliance. This article explains when to use […]
READ MOREThe importance of accurate employee information in payroll
Maintaining accurate employee address information in payroll systems is more than just an administrative task—it is essential for compliance, correct payroll tax calculations, and Single Touch Payroll (STP) reporting to the Australian Taxation Office (ATO). Errors in address details can lead to incorrect tax obligations, compliance risks, and administrative burdens for payroll teams. Beyond local […]
READ MORESecuring a training budget for your payroll team: how to make your case
Payroll is one of the most complex and high risk functions in any organisation. Yet, despite the ever changing compliance landscape, many payroll teams struggle to secure the necessary budget for ongoing training. Without regular professional development, organisations risk payroll errors, non-compliance penalties, and inefficiencies that could be avoided with the right investment in training. […]
READ MOREHamilton Island operators sign Enforceable Undertaking
The companies responsible for the operation of Hamilton Island in Queensland have back-paid staff more than $28.1 million and have signed an Enforceable Undertaking (EU) with the Fair Work Ombudsman. Hamilton Island Enterprises Limited (HIE) operates a range of accommodation businesses on Hamilton Island, as well as ancillary businesses including the marina, airport, retail stores, […]
READ MOREDetermining an employee vs a contractor: key considerations for payroll professionals
The distinction between an employee and a contractor is a critical determination for payroll professionals. Misclassification can lead to severe legal and financial repercussions, including back payment of wages, superannuation, penalties, and reputational damage. While the distinction may seem straightforward, the reality is far more nuanced. Here’s a guide to help you navigate this often […]
READ MOREPayroll Manager pleads guilty to two counts of fraud by an employee
A gambling addict has been jailed after taking hundreds of thousands from his Brisbane employers, punted away more than half a million of it as “the bright lights of the casino and poker machines” mitigated his anxiety, a court has heard. Former payroll manager Brendan Wayne Dodd on Wednesday pleaded guilty to two counts of […]
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