Australian Payroll Association | News and Resources (23)

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23.02.2025 AustralianSuper 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 ... News

14.02.2025 Hairdressing 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 ... News

14.02.2025 Why 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 ... News

06.02.2025 Understanding 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 ... News

06.02.2025 The 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 ... News

31.01.2025 Securing 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 ... News

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