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  1. Payroll tax here to stay, says ex-ATO official

    step in to remove the much-maligned payroll tax, despite Treasury recently weighing in on its impact on employment growth. Last month, Treasury released an analysis of payroll tax data which it claimed proved that the tax is no disincentive on...

  2. Payroll staff on wanted list over holiday period

    recruiter said January was the peak month for annual leave, holidays, flex time or long service leave. ABS data showed that last January, 43 per cent of employees worked fewer hours than usual – the highest proportion since 2018. “With 60 per cent of...

  3. Payroll software suspicions central to FWO’s latest swoop

    a Five Dock outlet in Sydney’s inner west. Further, record-keeping practices have been high on the regulator's hit list. Last financial year, about two-thirds of the FWO's court cases involved alleged poor record-keeping or pay slip contraventions. “We...

  4. Payroll provider hit with breach notice over SA government hack

    provider Frontier Software has been hit with a breach notice from the South Australian government over a cyber attack last month that saw private and financial records of nearly 80,000 South Australian government employees accessed. Department of...

  5. Payroll operators to fortify security after 60% hit by attacks 

    cyber security systems after approximately 60 per cent of global firms were impacted by a data breach at least once in the last 24 months. Automatic Data Processing (ADP) managing director of ANZ, Kylie Baullo, said research by the firm revealed that 44...

  6. Payroll errors more likely under Closing Loopholes reforms

    as a ‘direct result’ of the recent industrial relations reforms, research finds. Having committed no payroll error over the last 12 months would place an Australian business in the minority. Wage theft is now a criminal offence across the country,...

  7. PayPal used unfair contract term with small business, court rules

    allowed it to keep overcharged fees if customers failed to dispute them, a Federal Court has found. The ruling, delivered last week, affects PayPal’s user agreements with small businesses that opened a business account between September 2021 to November...

  8. PayPal undergoes AI-driven ‘revolution’

    and merchants and today marks the next revolution.” Mr Chriss, an ex-Intuit executive, took charge of the payments giant last year to oversee growth after it lost over $U290 billion in market capitalisation from 2021 to 2023. In his first public...

  9. Payments provider names new CEO

    Clipp is at the forefront of the industry in Australia, proven by the rapid uptake of their proprietary technology in the last six months alone. “I’m absolutely thrilled to be appointed the CEO of Clipp. I look forward to working with Greg and the rest...

    • Type: Article
    • Author: Staff Reporter
    • Category: Business

  10. Payment times transparency will not solve small-business woes, says Labor

    the whole economy benefits.” The bill is likely to pass this week, after a Senate committee gave it the green light late last month.

  11. Payment Times Reporting Bill enters the Senate

    to delay paying the invoice.” The changes to the Payments Times Reporting Act follow a review undertaken by Dr Craig Emerson last year into the effectiveness of the current Act which made several recommendations to improve the operation of the scheme....

  12. Payment times improve despite COVID-19 threat

    but new data suggests business failures will continue to trend upwards over the next 12 months. CreditorWatch’s data for the last month of 2020 found that over three quarters of industry groups had reported a reduction in payment times. The transport,...

    • Type: Article
    • Author: Reporter
    • Category: Business

  13. Payment Times bill introduced into Parliament

    yesterday and overhauls the existing Payment Times Reporting Act 2020. It follows a review undertaken by Dr Craig Emerson last year into the effectiveness of the current Act and made several recommendations to improve the operation of the scheme....

  14. Payment redirection scams cost SMEs $7m, warns ASIC

    of payment redirection scams after the ACCC revealed micro and small businesses had been affected by them the most in the last year. In 2021 ACCC’s Scamwatch received 3,624 reports from businesses regarding payment redirection scams with $13.4 million...

  15. PAYG variation check-up ‘a good idea’ in light of extended ATO flexibility

    the ATO has recognised that.” Mr Croker also urged business owners not to leave PAYG instalment variation discussions to the last minute and to seek out early advice from accountants who are best placed to understand their current situation. “For the...

  16. Payday super part 2: not quite ‘all systems go’

    series that shares the author’s insights on the new Payday Super (PDS) law and implementation of the reforms. Part 1 last week highlighted the problem PDS is designed to solve, recapped the current law, and explained the operation of the new law. In...

  17. Payday Super first year ATO compliance activities locked in

    Please note well that there is no access to the SBSCH from midnight on 30 June 2026. This means that 30 June 2026 is the last time employers can download reports or make any superannuation contributions to the SBSCH. Further guidance material to be...

  18. Payday super ‘couldn’t come soon enough’, says Cbus

    The fund has reported a record recovery of almost $200 million in unpaid super over the last financial year. Cbus Super collected a total of $198.2 million in unpaid super during the 2023–24 financial year that will directly impact superannuation...

  19. Pay slips, record keeping top FY16/17 contraventions list

    Last financial year, two-thirds of the Fair Work Ombudsman’s court cases involved alleged record-keeping or pay slip contraventions, and the regulator notes a significant spike in penalties received. According to its annual report for 2016-17, the FWO...

  20. Pay secrecy law reform a ‘positive first step’, says KeyPay co-founder

    or not to share information regarding their pay and employment terms with colleagues is a “positive first step” but not the last word, according to KeyPay. Co-founder of the cloud-based workforce management and payroll platform Phil Bernie said the...

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