Payroll Blog

Increase in the Minimum Wage 2014

Applicable from the first full pay period in July 2014, the minimum wages will increase to $640.90 per week, which equates to $16.87 per hour. This is the rate that Parental Leave Payments are based on. The minimum wages rates for any Modern Award will also increase...

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Increase in the Minimum Wage 2013

The new Minimum Wage Rates are to start from the first full pay period after 1st July 2013. The new National Minimum Wage Rate is $622.20 per week or $16.37 per hour.  This applies to employees who are not covered by an award or agreement.  This is also the current...

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Dad and Partner Pay

On 1st January 2013 the Federally Funded Dad and Partner pay came into effect.  This allows for up to two weeks pay based on the National Minimum wage (currently $606.40 per week).

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Employee Versus Contractor

According to the ATO, a significant number of businesses they visited last year had workers incorrectly engaged as contractors instead of employees. If allocated correctly this can save money, however, can be a costly mistake costing businesses in penalties for...

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Changes to Tax Rates 2012/13

From July 2012 the following changes will apply: The Flood levy imposed to help pay for damages caused by the Queensland floods will cease. The 2012/13 Tax rates will vary considerably with the Tax free threshold increasing from $6000 to $18200 and all subsequent...

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