Paid Parental Leave Changes from 1 July 2011

Understand your obligations From 1 July 2011, employers now act as ‚Äúpaymasters‚Äù whereby the Government provides the employer with funds which are to be distributed to the eligible employee for paid parental leave entitlements. Employers are required to make paid parental leave payments on each regular payday for that employee if they are paid on … Read more

Changes to the Superannuation Contribution Caps

The superannuation guarantee requires employers to contribute at least 9% of an employee‚Äôs ‚Äúordinary time earnings‚Äù per quarter to a maximum super contribution base of $42,220 per quarter. This is indexed. For the quarter starting 1 July the maximum super contribution base will be $43,820. Contributions for the quarter ending 30 June 2011 must be … Read more