A major minimum wage hike and impending super increase will hammer small businesses, industry representatives fear
The federal government has maintained its call for the national minimum wage to move in line with inflation, heralding the possibility of significant back-to-back increases flowing through to small business employers.
Future Super pays $13,000 ASIC fine over Facebook post that ‘overstated’ its green impact
Sustainability focused superannuation fund Future Super has become the latest Australian company to be handed a fine by the corporate regulator for so-called 'greenwashing'.
Explained: Payday superannuation reforms and what small businesses need to know
Employers will need to pay their workers' superannuation every time they pay their regular wage, thanks to a significant change to retirement saving rules introduced by the Albanese government.
Australian employers to pay super on payday by 2026 under government plan
A government change requiring super to be paid on payday could mean employees will be several thousand dollars better off by retirement.
Littleproud says new super tax rules will hit “mum and dad” businesses. Is he right?
Raising the tax rate on superannuation balances above $3 million will affect "many mum-and-dad businesses" which hoped to sell up for retirement, National Party leader David Littleproud says, as accountants warn of significant tax implications for successful entrepreneurs nearing the end of their professional lives.
Australia-first as watchdog ASIC takes Mercer Super to court over greenwashing
ASIC alleged Mercer's sustainable superannuation products invested in no fewer than 15 fossil fuel companies including AGL Energy, BHP Group, Glencore, and Whitehaven Coal.
“Unnecessary overreach”: Accountants challenge rules which level extra tax on accountants, tradies who work on their own superannuation assets
Australia's top accounting groups are calling for urgent changes to the way regulators crack down on shady superannuation income.
Hiring for Christmas? Make sure you’re across the latest superannuation changes, the ATO says
Thinking of hiring staff to cover the Christmas rush? Make sure to pay your new employees their superannuation guarantee, no matter how few hours they work, the ATO says.
“Taxpayer-funded inheritance scheme”: Australia now has 32 SMSFs worth more than $100 million
Australia's wealthiest people are taking advantage of the superannuation system's favourable tax concessions.
Gig economy player Mable to boost superannuation options as Tony Burke lashes the entire sector
Care work platform Mable will "simplify" opt-in superannuation deductions for gig workers as the government readies its own reform agenda.
Why is Labor trying to wind back superannuation reforms, and what could be the outcome?
Assistant Treasurer Stephen Jones has asked the Treasury to consider concerns relating to the “regulatory complexity” of a requirement that super funds act in their members' best financial interests.
Eight out of 10 people in favour of the government paying super on parental leave: Survey
An overwhelming majority of people are supportive of the push to have superannuation paid on parental leave, according to a new survey from CPA Australia.