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13.09.2020
IBM repays Aussie staff $12M
IBM has repaid 1,647 Australia staff $12.3 million after admitting to underpaying them for almost a decade. The global tech giant has entered into an enforceable undertaking (EU) with the Fair Work Ombudsman (FWO) to back-pay the employees, many of whom ...
13.09.2020
ATO settles JobKeeper ordinary income debate
The ATO has clarified that JobKeeper payments are considered ordinary income but will not count towards the calculation of an entity’s aggregated turnover. The Tax Office has now updated its web guidance to confirm that while JobKeeper payments are ...
13.09.2020
JobKeeper recipients paying millions in bonuses to their executives, research reveals
At least 25 companies have paid bonuses worth a combined $24.3 million to their executives after claiming JobKeeper subsidies, an analysis of the financial reports of 290 entities on the ASX 300 has found. Key points: Not all the bonuses were paid in ...
06.09.2020
Tambla snaps up Datacom Business Services
Australian workforce management and optimisation solutions provider Tambla has acquired Datacom Business Services, part of Datacom’s enterprise payroll service business in Australia, in a move aimed at building out the company’s national customer base. ...
06.09.2020
JobKeeper extension announcement
This information is a summary of the announced extension to the JobKeeper Payment to run from 28 September until 28 March 2021. The JobKeeper extension will become law when amendments to the JobKeeper Rules are registered. We will regularly update ...
06.09.2020
Industry fund underpaid SG to staff
There’s an unlikely user of the government’s current amnesty for employers who underpaid SG – a Sydney superannuation fund, which is currently reimbursing shortfalls to staff. Australian Catholic Superannuation and Retirement Fund underpaid SG to staff ...
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