Welcome to this week’s issue of the KHQ Super Alert. APRA has clarified the interaction of JobKeeper payments and the work test for personal contributions, and provided a reminder to trustees about SPS 515 compliance. ASIC has announced that Victorian-based financial advisers will obtain some small relief from non-compliance with certain obligations. APRA – work … Read more
The Full Bench of the Fair Work Commission upheld an appeal by the Transport Workers’ Union on Monday quashing an earlier decision of the Fair Work Commission that the employer Prosegur Australia Pty Limited’s Jobkeeper directions were reasonable. This decision provides the first Full Bench authority on the reasonableness test required by s. 789GK of … Read more
Last week Parliament passed the Jobkeeper legislation to give effect to the Federal Government’s new Jobkeeper payment scheme to deliver the flat rate wage subsidy of $1,500 per fortnight per eligible employee to qualifying employers, in addition to making a number of temporary changes to the Fair Work Act 2009 (FW Act) to address the … Read more
