The compulsory employer superannuation rate will increase from the current 11.5% to 12% on 1 July 2025. This means from 1 July 2025 employers will be required to make superannuation contributions on behalf of employees at the rate of 12% of the employee’s “ordinary time earnings”.
Superannuation rate increases to 12% on 1 July 2025 Read More »
As an employer in Australia, few tasks are as crucial as correctly managing payroll. Employee payroll entitlements include salaries/wages, commissions/bonuses, allowances and other financial entitlements such as superannuation, loadings, overtime or penalty rates and the accrual and taking of leave. Paying employees their correct entitlements is not only essential but also a legal requirement. In
Real Estate Payroll Must Be a Priority Matter Read More »
