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06 Feb
Superannuation – $450 weekly wage threshold removed
The federal government recently passed a legislation in respect of the $450 a month wages threshold before an employer is required to pay superannuation. Formerly, employers were only required to pay superannuation for employee wages if the employee earns more than $450 a month. The Treasury Laws Amendment (Enhancing Superannuation Outcomes For Australians and Helping […]
Read more 09 Dec
Interest Rate Hikes Causes Highest Mortgage Stress in Decades
The Australian inflation rate has been soaring as a result of the pandemic, supply chain disruptions and the war in Ukraine. Economists are predicting continued increase in inflation rates and the Reserve Bank of Australia has been quick to act. The RBA has so far increased the cash rate (at September 2022) to 4.35% meaning […]
Read more 08 Nov
What happens to your builder’s license if your company goes into liquidation?
If you are in the building industry in Queensland, chances are you or your company holds a license issued by the Queensland Building and Construction Commission (“QBCC”). The QBCC is a statutory body set up to regulate the construction or building industry. The QBCC Act (Qld) 1991 contains provisions that allow the QBCC to exclude […]
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