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2016-17 Budget Summary

2016-17 Budget Summary

  TARGET PRACTICE The 2016-17 Federal Budget is a budget of targets – broad targets to boost business and innovation and the narrow revenue targets of the wealthy and multi-nationals. It’s a big, long-term crafted budget designed to give enough pre-election glow...

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Casual employees and dismissal

  All AFA Members who employ staff on a casual basis should know that their entitlements including their dismissal rights, change over time. Casual employment is becoming increasingly popular in Australian business with a whopping one in five employees classified...

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Xenophon on VET Reform and Jobs

  Senator Nick Xenophon will open the 2016 Furnishing Futures Conference where the hot topic will be the impact of VET Reform to Industry. The annual event features a number of high profile industry experts, both local and international, who will present across a...

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Urgent Injunctions

  Commercial operators recognise that legal advisors are one of the tools in the box that assist in problem prevention or problem solving. When an operator is backed into a corner, either by the intentional or unintentional acts of an employee, competitor,...

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Penalty rates talk out of this world for Labor

  Opposition Leader Bill Shorten has suggested that the Fair Work Commission is unlikely to recommend a reduction in weekend penalty rates. The FWC were tipped to make a decision last Sunday on penalty rates in the retail and hospitality sectors soon after the...

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Senate Threat to Company Tax Cuts

  The Australian Financial Review - Page 1/4 : 2 June 2016 Original article by Phillip Coorey Roy Morgan Summary The Parliamentary Budget Office estimates that the Federal Government's proposal to progressively reduce the company tax rate to 25 per cent will cost...

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Australian Economy Growth

  National accounts data show that the Australian economy expanded by 1.1 per cent in the March 2016 quarter, and by 3.1 per cent year-on-year. However, wages grew by just 0.4 per cent and 1.2 per cent respectively, while there was a 2.6 per cent decline in...

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