by Keeli Cambourne | Jan 12, 2023 | News
The new laws include giving employees the right to share (or not share) information about their pay, banning pay secrecy terms in employment contracts and other workplace instruments, and prohibiting job ads with pay rates lower than the legal minimum entitlements...
by Shared from BDO | Jan 12, 2023 | Blog
On 23 November 2022, the ATO finalised Taxation Ruling TR 2022/3 (the ruling), detailing its guidance on the operation of the PSI and PSB rules. The ruling combines and replaces the ATO’s previous rulings, TR 2001/7 on the meaning of PSI, as well as TR 2001/8 defining...
by John Jeffreys, Shared from Accountants Daily | Jan 12, 2023 | Blog
In my view the implications of the ATO’s stance on the operation of s100A is more significant than the reach of Division 7A and the ATO’s changed views on unpaid present entitlements owed to private companies that were made known about 12 years ago. Unless the...
by Keeli Cambourne | Jan 11, 2023 | News
And with the Reserve Bank of Australia predicting inflation to peak at around 8 per cent in the December figures, the prospect of further rate rises seems inevitable. Goldman Sachs, National Australia Bank, ANZ, UBS and Capital Economics all reaffirmed their calls for...
by Keeli Cambourne | Jan 11, 2023 | News
Job vacancies fell 5 per cent in November, down 23,000 from August 2022, to 444,000. The 12-month previously, the job vacancy figure was 398,000, and in February 2020, the figure stood at just 228,000. Bjorn Jarvis, head of labour statistics at the ABS, said that...
