Most employers pay you either on a fortnightly or monthly basis, which has become a standard. This could mean high interest short term loans, overdraft fees, late credit card fees – resulting in anxiety in just surviving between pay days. In fact, a recent report revealed that more than 50 per cent of Australians are stressed about their finances, with nearly 85 per cent saying it impacts their well being. This is likely to affect your productivity at work and in turn your earning capacity. Read more →
Victoria is following suit of Queensland in adopting the labour hire licencing scheme.
Labour hire businesses must now apply for a licence to operate in Victoria. The scheme commenced on 29th April 2019 giving labour hire providers 6-months (until 29th October) to apply for the licence. From 30 October 2019, substantial penalties will apply to labour hire providers who don’t have a licence or a licence application pending and businesses that use unlicensed providers. Read more →