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June 2016

 

Upcoming Events

 

Human Resources Masterclass
Friday 4 November 2016

Following on from last year’s successful inaugural Human Resources Masterclass, the Norman Waterhouse Employment and Industrial Relations Team is pleased to announce that this year’s Human Resources Masterclass will be held on Friday, 4 November 2016.

 
 

Latest Legal Updates

 

Employment - Election promises in light of 7-Eleven litigation

This Saturday, Australia votes. The long election campaign has covered a number of issues, including healthcare, schools, retirement, the arts, housing, marriage, broadband, the environment, and migration.

Reliably, industrial relations has also proved to be a hot-topic.

In a February article, we foreshadowed the possibility – which later came to pass – of a double dissolution election based upon proposed workplace relations legislation.

Employment - Down Down Wages are Down

When the Fair Work Commission (the Commission) considers whether to approve a proposed enterprise agreement, one of the most important considerations is that the proposed agreement satisfies the ‘better off over all test’ (BOOT).

To pass the BOOT, pursuant to s 193(1) of the Fair Work Act 2009 (Cth) (the Act), the Commission must be satisfied that each award covered employee and each prospective award covered employee would be better off overall under the agreement than if the relevant modern award applied. This test is similarly applicable to the public sector under the Fair Work Act 1994 (SA).

Corporate and Commercial – Critical asset sales caught under new FIRB purview

Earlier this year, Treasurer Scott Morrison announced the new foreign investment framework for the purpose of increasing the scrutiny surrounding foreign acquisitions and ensuring any potential security risks are addressed.

On 31 March 2016, the Foreign Acquisitions and Takeovers Amendment (Government Infrastructure) Regulation 2016 came into effect.

 

Employment - Increased national minimum wage and modern award rates, effective 1 July 2016

On 1 July 2016, the national minimum wage will increase by 2.4%, to $672.70 per week (or $17.70 per hour). This is slightly less than the adjustment made in the last financial year. The national minimum wage applies to Federal system employees who are covered neither by an award not an enterprise agreement.

Minimum wage rates set out in all modern awards will also increase by 2.4% on 1 July 2016.

 
 

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