The primary objective of superannuation is to provide retirement income to "substitute or supplement" the age pension, according to a Government proposal in a new discussion paper.
An appeal court has reduced the $3m severance and bonus payout awarded to an investment bank chief executive dislodged after a global takeover, while it has granted the bank's head of global markets an exit payment of almost $400,000.
The Government is increasing its target for female representation on federal government boards from 40% to 50%, according to Employment Minister Michaelia Cash.
A long-serving GM Holden employee sacked for working on his investment property while dishonestly claiming workers' compensation has lost his entitlement to retraining and a redundancy payment of up to $180,000 when the company closes its manufacturing operations next year.
The Federal Circuit Court has warned compliance order recipients that they should have "no misapprehension about their obligations to comply" after fining an employer that underpaid workers $9,000 on top of the original penalty. Meanwhile, the regulator is pursuing an accountancy firm that was allegedly involved in an employer's underpayments
A court has taken an employer to task for making false representations to interns who were told their terms and conditions complied with minimum standards.
An employee who suffered a venomous spider bite that required her to be hospitalised has failed to secure extended sick leave after the FWC ruled her medical condition wasn't "prolonged" or "serious" enough.
The Turnbull Government has played down a report that it plans to freeze employer superannuation contributions at the current 9.5%, scrapping the plan to increase the SGC to 12%.
An electrical contracting company on the Ichthys LNG project failed to comply with its agreement when it gave its FIFO employees notice of retrenchment immediately before a rest and recreation period, the FWC has ruled, in a decision with implications for employers of non-residential workforces.