by David | Feb 17, 2025 | Business
From 1 January 2025, employers who intentionally underpay employees (wage theft) could face criminal charges, with severe penalties including fines up to $7.825 million and 10 years’ imprisonment for individuals. These new laws reinforce the need for strict payroll...
by David | Jun 6, 2024 | Business
On Monday, 3 June 2024, the Fair Work Commission announced its decision on the annual wage review. Effective 1 July 2024, the National Minimum Wage will increase by 3.75%, rising to $24.10 per hour and $915.84 per week for a 38-hour week. This increase will also apply...
by David | May 15, 2024 | Business
Overview of Annualised Salaries and Set-off Clauses Annualised salaries may offer a streamlined way to cover all minimum entitlements, such as penalties and overtime. This method reduces the short-term administrative burden of fortnightly payroll but requires careful...
by David | Mar 26, 2024 | Business
The Federal Government’s “Closing the Loopholes” legislation has taken a significant step by criminalising employers’ intentional underpayment of wages. Starting from January 2025, employers will be committing an offence if they intentionally...
by David | Jan 23, 2024 | Business
As we enter the new year, it’s evident that significant shifts in Australian employment law have set the stage for a dynamic landscape in 2024, with no signs of slowing down. The “Closing the Loopholes” legislation, currently before parliament, adds an extra layer of...
