Australia’s Employee Benefits News Summer 2024
Australia’s employee benefits news for summer 2024 is based on the country’s latest Fiscal Budget, which was released in May 2024. The budget focuses on…
Subjects: Australia
Australia Increases Superannuation Guarantee Contribution Rate
In Australia, employers are required to pay a percentage of an employee’s earnings into superannuation to help save for retirement. This is referred to as…
Australia expands unpaid parent leave benefits
Beginning July 1, 2023, Australia will expand unpaid parent leave benefits. The current entitlement of 18 weeks paid parental leave pay will be combined with…
Parental Leave in Australia Extending to 26 weeks
The Federal government, in a bid to boost the gender pay gap, improve women’s workforce participation and lift productivity, announced that paid parental leave in…
Benchmarking Employee Benefits in Australia 2022
Start benchmarking employee benefits in Australia with this . Asinta’s Australian Partner CA Financial compiled the information so it is easy to understand and helps…
Australia
Mandatory employee benefits in Australia include retirement or ‘superannuation’ and PTO, as well as holiday pay, long service leave, maternity/paternity leave, and sick pay. Supplementary…
Australia COVID-19 Employer Resources
Coronavirus Update for Employers in Australia
Cases of the coronavirus are mounting in Australia, and according to CA Financial, global workforce managers should know that if employees think they are infected…
Benchmarking Employee Benefits in Australia for 2020
Request Asinta’s and get the essential information you need to move forward in your decisions about employee benefits in the country. The report reviews statutory…
Australia: Retirement: Redundant Retirees Get Tax Break
Recently the Australian government amended benefit language to align the official retirement age and taxation levels for the superannuation system (also known as ‘super’) to…