Super impact, prod centre, Homeworkers Code

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Super impact, prod centre, Homeworkers Code

Super increase: examples of impact | New workplace productivity centre | ACCC will authorise revised Homeworkers Code

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Super increase: examples of impact | New workplace productivity centre | ACCC will authorise revised Homeworkers Code


Super increase: examples of impact
 
The Federal Government has released new analysis showing how much typical occupations will gain in lifetime superannuation savings through raising the Superannuation Guarantee (SG) rate.

The figures are based on employees earning average wages in over 70 occupations.
The government says that the increase in super savings for a 30-year-old employee who retires at age 67 and earns average full-time wages for their occupation is:
    • around $75,000 for child care employees
    • around $124,000 for construction and mining labourers
    • around $124,000 for electricians
    • around $66,000 for hairdressers
    • around $82,000 for hospitality workers
    • around $79,000 for receptionists.
Online calculator

An online Super Calculator is available on the MORE SUPER webpage. Individuals can enter their basic details into the calculator and see a projection of their expected savings from the new super measures.
 
Source: Joint Media Release, Wayne Swan, Deputy Prime Minister and Treasurer and Bill Shorten, Minister for Employment and Workplace Relations, Minister for Financial Services and Superannuation
 


New workplace productivity centre


The Federal Government will invest $17 million in a new independent centre at the University of Melbourne, aimed at increasing workplace productivity.

The new Centre for Workplace Leadership will use business partnerships to collaborate on productivity initiatives such as:
    • conducting cutting-edge research into the state of leadership and management in Australian workplaces
    • leading a national dialogue on workplace reform and what is required to improve management capability and workplace leadership
    • leading training to build management capabilities and workplace leadership in Australian businesses.
The Minister for Workplace Relations, Bill Shorten, mentioned businesses like Cisco, Bendigo Bank, McDonalds Australia, Sussans Group, Rio Tinto, Corrs Chambers Westgarth, Santos and Federation Centres as collaborators on productivity initiatives.

Cisco will be working with the new Centre on a foundation project to investigate how telework can enhance productivity, including how managers can respond and adapt to telework technology.

The Centre will also focus strongly on creating and making available tools and resources to help workplaces gauge their own performance and benchmark against other similar businesses.

Further information about the Centre during its setup phase can be accessed from the DEEWR website. 
 
Source: Minister for Employment and Workplace Relations, Financial Services and Superannuation, Bill Shorten, Media Release, 21 June 2013
 

 
ACCC will authorise revised Homeworkers Code
 
The Australian Competition and Consumer Commission (ACCC) has announced its intention to authorise a revised version of the Homeworkers Code of Practice for five years. The ACCC acknowledges that increased costs are a likely outcome, but considers the public benefits outweigh these costs.

The Code is designed to assist businesses in the textile, clothing and footwear industry to ensure they and their supply chains comply with relevant Awards and workplace laws.

‘Businesses which are accredited under the Code, are able to use the accompanying certified trademark to demonstrate this to their customers,’ ACCC Chairman Rod Sims said.

The ACCC accepts that the Code is likely to result in increased businesses costs due to increased auditing and the need for all businesses in an audited supply chain to provide yearly statutory declarations.

However, the ACCC considers that these detriments are limited by the following factors:
    • the Code is a voluntary Code, although the ACCC acknowledges that businesses in the supply chains of retail signatories and accredited manufacturers or which are seeking accreditation to meet the Commonwealth Procurement Rules may regard it as involuntary
    • retail signatories and accredited manufacturers are only able to agree to boycott other businesses who are not compliant with their legal obligations
    • the Code contains safeguards against inappropriate accreditation or boycott decisions.
On balance, the ACCC considers the Code is likely to result in net public benefits. The benefits of efficiencies in supply chain risk management and of compliance with legal obligations to workers are likely to outweigh the detriments.

By authorising the Code, the ACCC ensures that conduct (such as boycotts) which may otherwise be considered to anti-competitive is given legal protection because it considers the public benefit outweighs the public detriment.

Submissions sought
 
The ACCC is seeking submissions from interested parties in relation to the draft determination. In particular, it is seeking submissions regarding the feasibility of broadening the existing dispute resolution procedures and providing businesses with the option of an alternative auditor to the TCFUA (at the audited business’s expense).

Parties wishing to make submissions should do so by 8 July 2013. Interested parties who wish to request a conference in relation to the draft determination should do so by 4 July 2013.
 
More information about the application for authorisation and the ACCC’s draft determination decision is available at the Authorisation Register.
 
Source: ACCC media release 21 June 2013
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