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08.11.2020
Accessing salaries in advance: Australian fintech secures $4m of Series A
Australian fintech Beforepay has today announced the successful completion of its AU$4 million Series A capital raise. The round, which closed in nine days and was oversubscribed, brings the total amount raised this year to over AU$6 million. The AU$4m ...
08.11.2020
PayGroup reveals Payroll HQ buyout
Listed HCM company PayGroup (PYG) as announced a $2.5 million, full-scrip buyout of payroll specialist Payroll HQ PayGroup will pay the $2.5 million by issuing just over 4.1 million shares On top of this, the company may need to pay another $1.3 million ...
01.11.2020
Former Sydney restaurant operators penalised
The Fair Work Ombudsman has secured court penalties of $119,200 against the former operators of the Blue Moon Restaurant in western Sydney who underpaid an Indian employee more than $150,000. The Federal Circuit Court has ordered Rekha Thakadiyal Joseph ...
01.11.2020
Public servants caught in SG bungle
A government agency has botched superannuation benefit payments spanning a decade, affecting more than 56,000 employees who are owed tens and millions of dollars. The Northern Territory government owes about $39.5 million in superannuation contributions ...
01.11.2020
JobKeeper data matching flags 135,000 payment discrepancies
A data matching program between the Australian Taxation Office and Services Australia has flagged around 135,000 Australians who were receiving welfare payments when eligible for JobKeeper. The data matching program, which has existed since June, was ...
01.11.2020
7-Eleven repays $173m to employees, as stores improve payroll systems
More than 4,000 current and former franchisee employees at 7-Eleven franchises have been paid back $173m in underpaid wages, interest and superannuation between September 2015 and February 2020. The Fair Work Ombudsman (FWO) brought 11 litigations ...
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