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10.05.2024
New preservation age alignment
From 1 July, the preservation age will be aligned for all Australians, rendering some of the current superannuation system rules obsolete. The SMSF Association has confirmed the low-rate cap and a number of other superannuation framework elements will no ...
05.05.2024
Xero buys US$25m stake in Aussie app Deputy
Xero will spend US$25 million to buy a minority stake in Deputy and integrate the local HR app’s workforce management tools into its platform after confirming it will retire its Planday product in Australia. CEO Sukhinder Singh Cassidy said the decision ...
05.05.2024
Elevating payroll leadership
In an era where payroll complexities are at an all time high, the importance of skilled leadership within this sector cannot be overstated. The Payroll Leadership Academy, set to commence this September, offers a golden opportunity for payroll leaders to ...
02.05.2024
Lessons in Payroll Fraud Prevention
The recent conviction of Maree Wilson for payroll fraud serves as a stark reminder of the vulnerabilities within payroll systems and the devastating impact that such deceit can have on an organisation. Wilson, a trusted payroll manager, exploited her ...
28.04.2024
Woolworths fined $1.2 million for underpaying Victorian long service leave
Supermarket giant Woolworths has been fined more than $1.2 million for underpaying hundreds of staff more than $1 million in long service leave entitlements. Woolworths admitted in a Melbourne court last week it had short-changed at least 1,227 Victorian ...
28.04.2024
NSW Health settles underpayment class action
A class action alleging NSW Health underpaid junior doctors has settled after the department agreed to a payout of nearly a quarter of a billion dollars. More than 20,000 medicos may be eligible to claim a share of almost $230 million for the alleged ...
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