this post was submitted on 11 Sep 2023
25 points (96.3% liked)

Australia

3595 readers
106 users here now

A place to discuss Australia and important Australian issues.

Before you post:

If you're posting anything related to:

If you're posting Australian News (not opinion or discussion pieces) post it to Australian News

Rules

This community is run under the rules of aussie.zone. In addition to those rules:

Banner Photo

Congratulations to @Tau@aussie.zone who had the most upvoted submission to our banner photo competition

Recommended and Related Communities

Be sure to check out and subscribe to our related communities on aussie.zone:

Plus other communities for sport and major cities.

https://aussie.zone/communities

Moderation

Since Kbin doesn't show Lemmy Moderators, I'll list them here. Also note that Kbin does not distinguish moderator comments.

Additionally, we have our instance admins: @lodion@aussie.zone and @Nath@aussie.zone

founded 1 year ago
MODERATORS
lodion@aussie.zone
Fluid@aussie.zone
bestusername@aussie.zone
eatham@aussie.zone
25
The unpaid super swindle: Labor’s industrial relations bill leaves biggest loophole open (www.theguardian.com)
submitted 1 year ago by Wiggles@aussie.zone to c/australia@aussie.zone
1 comments fedilink hide all child comments
 

Labor says non-payment of super should be in the same category as wage theft, but [they have not included it as a criminal offence in their industrial relations bill and] the ATO has never used existing criminal powers [as far as I could tell from the article the only powers the ATO has is fines, and fines mean next to nothing when a business has already declared bankruptcy]

you are viewing a single comment's thread
view the rest of the comments
[–] autotldr@lemmings.world 2 points 1 year ago

This is the best summary I could come up with:

Last week Labor introduced its closing loopholes bill, which could see dodgy bosses fined millions of dollars or face prison terms for wage theft.

Back in April the assistant treasurer, Stephen Jones, said the failure to pay super should be treated “in the same way as wage theft”.

The Albanese government also agreed with a Senate inquiry that recommended the new offence should apply to all forms of remuneration, including superannuation.

On Wednesday the ATO commissioner, Chris Jordan, noted “a growing number of profitable businesses who have the capacity to pay their bills but are choosing not to”.

Curiously, the draft platform circulated ahead of the 2023 conference removed super but left the promise to “develop further mechanisms to protect workers’ superannuation in the event of corporate collapse”.

Labor’s industrial relations bill aims to fix loopholes in the gig economy, labour hire, and insecure employment.

The original article contains 935 words, the summary contains 145 words. Saved 84%. I'm a bot and I'm open source!