Career breaks hit women hardest, reducing average superannuation savings by nearly $160k Media Release: REST Industry Super Women are 30 per cent less likely than men to make any superannuation plans for their career break, despite taking 13 per cent more career breaks by choice After a career break, women returning to work earn 29 […]
Things you need to know when employing young workers this Christmas
With consumers gearing up to spend big over the Christmas period and summer holidays, retailers are busy preparing themselves and employing young workers to assist over the coming weeks. But are you aware of the laws around young workers? It is certainly not the case that you can pay your young employees at trainee rates, […]
2016 Budget – superannuation update
The Government announced a number of changes to super as part of the 2016/17 Federal Budget. Treasurer Scott Morrison said the objective of the changes is to have a more equitable system and to encourage Australians to save for retirement and not be dependent on the Age Pension. Some of the announcements include: • A […]