EmployersFIRST
Supporting super decision-making
September 25th, 2020
First Super members in your workplace will soon receive their annual member statements. As their employer, how can you help your staff make the right decisions around managing their super? Get on top of workplace super With the coronavirus pandemic having an ongoing impact on businesses, you may be finding your superannuation requirements challenging to prioritise or time consuming. Don’t let it get on top of you. […]
The JobKeeper Payment is changing
September 25th, 2020
From Monday 28 September, JobKeeper wage subsidies will be reduced from the current rate of $1500 per fortnight to either $1200 or $750 per fortnight depending on how many hours an employee works. Businesses must also meet new turnover tests. Here’s what you need to know. Payment rates On 28 September, a two-tier payment system will be introduced for JobKeeper, with Tier 1 and Tier […]
Important changes to your First Super clearing house
September 25th, 2020
The way many of you pay and manage your employees’ super is about to change. A number of our employers currently utilise what is referred to as Gen 1, an older version of our clearing house service. This version is to be replaced by Gen 2, which is more intuitive, modern and gives you more features […]
Changes to super choice laws
September 25th, 2020
Following recent changes to legislation, from 1 January 2021 workers cannot be forced into an employer’s chosen super fund under new enterprise bargaining agreements (EBAs) and workplace determinations. All employees must be provided with a Standard Choice form and allowed to choose their own super fund. Below, we have answered some common questions about the changes. What is the new legislation? The Federal Government […]
Taking care of well-being in a pandemic
September 14th, 2020
At the best of times, it can be difficult to put your emotional and personal well-being first. And now, as we all know, is not the best of times. Add to that, you may be managing workers remotely, or even scaling down your workforce, which makes it important to take care of your employees’ well-being […]
Workplace restrictions and ongoing support
September 14th, 2020
The Victorian Government recently extended the current coronavirus restrictions and released a roadmap for reopening under COVID Normal settings, subject to health advice. To help ensure you’re fully across the existing restrictions for your workplace, and any opportunities for government assistance, we have recapped some key resources below: Victorian Government. Stay across the workplace restrictions […]
New $3 billion support package for business
September 14th, 2020
One week after extending coronavirus restrictions across the state, the Victorian Government has announced a new support package for businesses, which includes cash grants, tax relief and cashflow support. The $3 billion Business Survival and Adaptation Package is designed to help businesses survive the continued lockdown and prepare for reopening under ‘COVID-normal’ conditions when restrictions ease. So, what’s included? SURVIVAL MEASURES third round of the Business Support Fund, providing up to $20,000 for small and […]
Stay alert to super scammers
August 24th, 2020
Corporate regulator ASIC is reporting that fraudsters posing as its representatives are contacting super fund members and offering to help them consolidate super accounts. ASIC is urging Australians to be wary and to never provide personal or banking details in response to unsolicited calls and emails. How to know it’s a scam ASIC will never […]