Newsletter December 2024

May 26, 2025 | News

 

What Are Fair Work Requirements

New Resources About Pay & Conditions, Enterprise Agreements & Bargaining

The Fair Work system provides the legal framework for workplace relations, setting standards for employee rights, pay, and conditions. These standards, established by the Fair Work Act, are enforced by the Fair Work Commission (FWC) and the Fair Work Ombudsman (FWO). The FWC is responsible for setting minimum wages, resolving disputes, and approving enterprise agreements. The FWO, on the other hand, ensures compliance with workplace laws, investigates breaches, and offers education and guidance on workplace rights.

Compliance with Fair Work requirements is essential for fostering a fair, cooperative, and productive workplace. It also helps businesses avoid penalties, manage risks, and maintain legal compliance when handling critical aspects such as pay, entitlements, enterprise agreements, and bargaining processes.

Understanding these requirements enables businesses to build stronger relationships with their workforce while upholding their legal obligations.

To support employers and employees, the FWC, in partnership with the FWO, has launched new online resources to simplify the complexities of workplace laws. These tools provide clear insights into workplace rights and responsibilities, explain how bargaining influences these rights, and highlight the importance of enterprise agreements in shaping effective workplace practices.

For business owners and employers, these resources offer practical and accessible guidance to navigate workplace laws confidently. Covering crucial areas like pay, entitlements, and agreements, the tools are designed to help businesses manage their obligations efficiently.

By staying informed and leveraging these resources, employers can create fairer workplaces, mitigate risks, and ensure a compliant and productive environment.

FWC Online Learning Portal

The Online Learning Portal features clear and straightforward training videos that explain how the different parts of the Fair Work system connect. The National Employment Standards (NES) set the minimum rights for all employees, while the National Minimum Wage provides the lowest pay rate that must be met.

Awards set out industry-specific pay and conditions, and enterprise agreements are negotiated at the workplace level, offering tailored conditions that must meet or exceed the NES and awards. Employment contracts can provide additional terms but must align with these legal requirements, ensuring fair and consistent workplace conditions.

These videos offer practical insights into employee pay and entitlements, detailing where they come from and how awards, enterprise agreements, and contracts interact. They also cover what enterprise agreements are, how they’re created and when they apply, and include a small business case study.

Additionally, the videos outline the key steps in effective bargaining, including the roles and responsibilities of each party. These resources are helpful for anyone looking to understand workplace rules with ease.

Visit the Online Learning Portal to access supporting resources:

Further Resources

Who Can Help?

If you have any questions about Fair Work requirements, the Fair Work Commission (FWC) and the Fair Work Ombudsman (FWO) are the two key agencies to consult. Together, these agencies play a crucial role in maintaining fair and consistent workplace standards across Australia.

Source: New resources about pay and conditions, enterprise agreements and bargaining (pdf)

ATO Lodgement Dates

These dates are from the ATO website and do not take into account possible extensions.

You remain responsible for ensuring that the necessary information is with us in time.

See ATO Due dates by month to check monthly lodgment and payment dates.

BAS/IAS Monthly Lodgements
Final dates for lodgements and payments:

December Activity Statement:
21 January 2025

January Activity Statement:
21 February 2025


BAS Quarterly Lodgements
Final dates for lodgements and payments:

2nd Quarter 2025 Financial Year:
December Qtr (incl. PAYGI)

28 February 2025

3rd Quarter 2025 Financial Year:
March Qtr (incl. PAYGI)

28 April 2025

When a due date falls on a Saturday, Sunday or Public Holiday*, you can lodge or pay on the next business day.

*A day that is a public holiday for the whole of any state or territory in Australia.


Due date for super guarantee contributions:

2nd Quarter 2025 Financial Year:
October to December 2024 – contributions must be in the fund by 28 January 2025

3rd Quarter 2025 Financial Year:
January to March 2025 – contributions must be in the fund by 28 April 2025

Late payments of superannuation are not tax deductible. If your business has overdue superannuation guarantee payments and you are unsure of how to proceed, please contact us to discuss.

myGovID is Now myID

MyGovID Has Changed Its Name To MyID

MyGovID has officially transitioned to myID. While the app’s name and appearance have changed, the way users log in and its security features remain the same. Those already using the app for government services don’t need to take any action, as the update was simple and seamless.

Here’s what stayed the same:

  • Same account details: Users did not need to set up a new account. Login details, such as email addresses and identity verification levels, remain unchanged.
  • Automatic update: The app automatically updated to myID, or users could manually update it via the App Store or Google Play.
  • Continued access: Users can still securely access government services online without any changes to the app’s functionality.

For further details, visit the official myID information page.

Avoid Scams

Be aware of fraudulent websites, apps, and phishing scams, especially during the ATO transition when both myID and myGovID may be mentioned.

There is no need to set up a new myID account or reconfirm details. If prompted to do so on a website, it is a scam.

To protect yourself:

For more security tips, visit the official myID website.

Disclaimer: All or any advice contained in this newsletter is of a general nature only and may not apply to your individual business circumstances.

For specific advice relating to your specific situation, please contact your accountant or contact us for further discussion.

Symmetrii Pty Ltd
Tel: +61 (02) 4339 7870
Email: team@symmetrii.com
Address: Suite F 78 York St, East Gosford NSW 2250

Copyright © 2024, All rights reserved.

This newsletter is produced by the Institute of Certified Bookkeepers and distributed by members.