The minimum wage is increasing by 3%

The minimum wage is increasing by 3%

The national minimum wage will be lifted by 3 per cent – or 50 cents an hour – as announced by the Fair Work Commission this week. This change will directly affect around 1.5 million Australians on award wages. From July 1 the minimum wage is increasing by $18.70 per week, taking it from about…

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Payroll Tax relief for Victorian Businesses

Payroll Tax relief for Victorian Businesses

From July 1 the payroll tax in Victoria will be cut to the second lowest rate in the nation.  As part of its 2014/15 budget the state government will reduce the taxation on the wages paid by employers by 0.05 percentage points to 4.85% It will become one of Australia’s lowest payroll tax rates, behind…

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Thank you …. Thankyou

Thank you …. Thankyou

I recently attended the CEO Institute’s annual summit at the home of cricket, the MCG. It was my first time at one of these summits’ and had heard mixed reviews about them over the years.  But I’m sure glad I went.  As after a series of different speakers, who were all very engaging and interesting…

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The Job Market is back and it’s time to get ready

The Job Market is back and it’s time to get ready

With the unemployment rate unexpectedly falling to 5.8% in March the job market is finally showing signs of stability. In fact we might have seen the worst when the jobless rate reached 6.1% in February earlier this year. According to ANZ Chief Economist Ivan Colhoun, “There is now clearer evidence that labour demand is strengthening….

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Should you be worried about Privacy Act changes?

If you think that Privacy Act changes that came into effect on 12 March 2014 do not apply to your business, you may be right. The Privacy Act protects personal information handled by large businesses and health service providers of any size. However the Act may also apply to a small business if it has an annual…

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How recent Fair Work Act changes affect Employment Relations

How recent Fair Work Act changes affect Employment Relations

As of January this year Modern Awards and new enterprise agreements are now required to consult with employees regarding changes to their working hours and/or regular roster.  These requirements have been added to what previously was applicable to ‘major workplace change’ as a result of the amendment laws to Fair Work Act 2009. For the…

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What is shaping Victorian workforce? Jobless rate highest in more than a decade

What is shaping Victorian workforce? Jobless rate highest in more than a decade

In line with the national rise Victorian unemployment rate increases by 0.1 percentage point to reach 6.4 %  as announced by ABS last week.  There are now 197,000  people without jobs in Victoria. It gets worse for seasonally adjusted numbers as the unemployment rate jumps up to the highest since January 2002. This hardly came as…

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Hire at your own risk. Recruitment Strategies for small business

Hire at your own risk. Recruitment Strategies for small business

If you think hiring professionals is expensive, try hiring amateurs This quote popular with recruitment agencies sums up the value of recruitment strategies to hire the right person for the right job in one short, snappy line.  BRW’s Fast 100 Survey cited the biggest frustration for business was staff recruitment and specifically finding the right people….

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