The FWC is inviting final comment on proposed variations to 147 awards to reflect the elevation of superannuation to a guaranteed NES right under last year's Protecting Worker Entitlements legislation.
The High Court has this afternoon declined to hear DEWR's challenge to a ruling that limits funds available to pay employee entitlements when a company goes under.
A security company has been ordered to pay $80,000 to a former employee assaulted by current All-Australian AFL captain Toby Greene nearly a decade ago, a court finding that he could have claimed insurance for "permanent disablement" but for the employer failing to pay his superannuation on time.
A judge has declined to bundle together an employer's various workplace breaches in ordering it to pay $163,000 in fines to a former worker for stripping his severance pay of more than 500 accumulated annual leave hours.
Federal Treasury is consulting on draft legislation that will enshrine an objective for super of preserving savings "to deliver income for a dignified retirement, alongside government support, in an equitable and sustainable way", partly to prevent a repeat of the Coalition's coronavirus early release policy.
Employer organisations have generally welcomed the Albanese Government's plan to require businesses to pay superannuation on paydays rather than quarterly from 2026, but the small business lobby is seeking lower costs and possible exemptions.
Two veteran truck drivers held by the High Court to be contractors rather than employees have today lost a cross-appeal seeking to establish an entitlement to decades of superannuation on the basis that they fell within the wider meaning of employee in the Super Guarantee Act.
The one in every six workers who took up the Morrison Government's invitation to withdraw their super during the pandemic mostly took the maximum $20,000 or their whole account balance, tended to spend the windfall on gambling and consumer items, and cut their retirement income by $120,000 in today's dollars, according to a new academic study.
