February 2020 Newsletter
Contents:
- AUSkey to be retired at the end of March 2020
- Assistance for retirees: 20 useful tips
- $230 million of superannuation to be paid under SG Amnesty
- Why the kids are coming home
- What are the different types of loans?
- What happens to super when a relationship breaks down?
- Announcements
AUSkey to be retired at the end of March 2020
The way you access government online services is changing. AUSkey and Manage ABN connections will retire at the end of March 2020 and are being replaced with: – myGovIDExternal link – an authentication service that allows you to prove who you are online. It is different to myGov and cannot be used to access myGov yet.
Assistance for retirees: 20 useful tips
$230 million of superannuation to be paid under SG Amnesty
14k employers, $230m in super: Financial Services Minister defends proposed SG amnesty Over 14,000 employers are set to come forward under the proposed SG amnesty, paying out a total of $230 million in unpaid superannuation to employees, according to the Financial Services Minister.Why the kids are coming home
What are the different types of loans?

What happens to super when a relationship breaks down?
Announcements:
This month we wish a Happy Birthday to Jenny and congratulate Richard and Laurie who both celebrate another work anniversary at Watts Price.![]() |
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Important Note for Employers
Fair Work Information Sheet Updated
Pursuant to the Fair Work Act, employers must provide all new employees with a copy of the Fair Work Information Statement prior to or upon commencement of their employment. Failure to provide the statement to a new employee is a breach of the Act, and could result in penalties of $63,000 for a business and $12,600 for an individual for each breach.
Recently, the Fair Work Ombudsman has updated the statement, with a view that the new version makes it easier to understand.
Employment experts, Workforce Guardian recommend employers provide a copy of the statement with an offer of employment and keep a record that the statement has been provided to a candidate or new employee. The statement can be provided in hardcopy or electronically.
Source: https://www.workforceguardian.com.au/resources/blog/updated-fair-work-information-statement-december-2019/