UPDATE: From 1 July 2024, government-paid combined gender-neutral parental leave will increase from 20 weeks to 22 weeks. Parental leave entitlements will increase again to 24 weeks from July 2025 and 26 weeks from July 2026.
On 12 February 2024, the Australian Federal Parliament passed the Fair Work Legislation Amendment (Closing Loopholes No. 2) Bill 2023, which introduces, among other changes, a right for all employees to disconnect outside of working hours.
The right to disconnect will enter into effect 6 months after the legislation receives royal assent (expected soon) for businesses with at least 15 employees and 18 months after royal assent for businesses with fewer than 15 employees.
On 22 June 2023, the Australian government passed the Fair Work Legislation Amendment (Protecting Worker Entitlements) Bill 2023 expanding unpaid parental leave entitlements to ease leave restrictions on employee couples.
On 1 July 2023, the Australian government increased the Superannuation Guarantee (SG) contribution rate by 0.5% to 11% of employees’ earnings. The SG rate is scheduled to increase by 0.5% each year until it reaches 12% of employees’ earnings on 1 July 2025.
The Australian government recently passed an amendment bill to provide employees with 10 days of employer-paid family and domestic violence leave. The Fair Work Amendment Bill 2022 was introduced on 28 July 2022, by the Australian Labor Party following the May 2022 federal election.
The Australian government recently announced an additional employer-paid public holiday on Thursday, 22 September 2022, for the mourning of the passing of Her Majesty Queen Elizabeth II of England.
The Australian Fair Work Commission (FWC) has increased the national minimum wage by 5.2%, effective 1 July 2022. Modern Award minimum wages also increased by 4.6% per week, effective from the first full pay period starting on or after 1 July 2022, or 1 October 2022, based on industry.
On 1 July 2021, the Australian government increased the superannuation guarantee contribution rate by 0.5% to 10% on earnings up to the new maximum contribution base of AUD 58,920 per quarter. The concessional contribution cap has also increased to AUD 27,500. The increases will help stimulate Australia’s post-pandemic economy and support a better retirement for eligible workers.
When no choice of a superannuation fund is made by a newly hired employee, employers or their tax agents are now mandated to source the name of their new employee’s existing superannuation fund from the Australian Taxation Office (ATO). The […]
The Australian Fair Work Commission (FWC) increased the national minimum wage by 2.5%, effective 1 July 2021. Modern award minimum wages also increased by 2.5% in three different stages depending on the industry. Modern award minimum wage increases will be […]
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