The major iron miner Fortescue Metals has called for the income tax exemption ceiling for employee share schemes to be lifted from $1000 to $5000, arguing the cap is too low to provide a "meaningful incentive".
Just days after the defeat of the Morrison Government's legislation to further regulate the conduct of employee organisations and their officials, IR Minister Christian Porter has released a discussion paper on cooperative IR that seeks feedback on the role unions can play in fostering harmonious workplace relationships.
Retiring industry super fund architect Garry Weaven has urged the ACTU to integrate its campaign for wage increases with plans to raise compulsory superannuation contributions to 12%, dismissing a recent think tank report arguing the two are incompatible.
