October 2024 Newsletter
Contents:
- New Energy Efficiency Standards for Victorian Rentals
- More super for mums, dads as parental leave laws pass
- Jury Duty: Employers ‘must respect the judicial process’
- Government releases details on luxury car tax changes
- Safe Work report highlights alarming statistics
- ATO urges workers to claim $17.8bn in lost super
- Why an internal audit can set your business up for success
- Opportunities for skilled migrants on short-term visas
- Announcements
New Energy Efficiency Standards for Victorian Rentals
The Victorian Government recently wrapped up public consultations on proposed energy efficiency standards aimed at improving the comfort and living costs for renters while reducing the state’s carbon footprint. From October 2025, landlords in Victoria could be required to implement a range of energy-saving measures, including: ceiling insulation, improved door sealing, replacement of old hot water
More super for mums, dads as parental leave laws pass
Jury Duty: Employers ‘must respect the judicial process’
Government releases details on luxury car tax changes
ATO urges workers to claim $17.8bn in lost super
Tax Office data shows the pool of lost and unclaimed funds has grown by $4 billion since 2021.
The ATO is calling on workers to check if they are missing superannuation savings after the latest data showed it was holding $17.8 billion in lost and unclaimed funds.
The billions in lost and unclaimed super is spread across 7.1 million accounts and has grown by around $2 billion since last year and $4 billion since 2021.
Why an internal audit can set your business up for success
An internal audit can help safeguard the future of the business by identifying red flags early.
When a business gets busy, the risk of fraud and financial error rises.
You might have an employee who has forgotten to remove the corporate credit card from their online account.
Opportunities for skilled migrants on short-term visas
Does your business employ skilled migrants on a short-term visa? Victoria’s 2024-25 skilled visa nomination program is now open.
The Victorian Government offers visa pathways that can benefit both your business and your skilled migrant employees.
Visa nomination for skilled professionals living in Victoria or overseas are available for:
Announcements:
This month we congratulate Tony (19) and Kelly (1) on achieving a work anniversary with Watts Price!|
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Important ATO Dates
| Lodgement Program | Date |
| September monthly activity statements | 21/10/2024 |
| Quarter 1 (July–September) PAYG instalment activity statement | 21/10/2024 |
| Annual PAYG instalment notice | 21/10/2024 |
| Quarter 1 (July–September) activity statements | 28/10/2024 |
| Quarter 1 (July–September) instalment notices (forms S and T) | 28/10/2024 |
| Final date for electing to pay GST by instalments | 28/10/2024 |
| Quarter 1 (July–September) instalment notices (forms R and T) | 28/10/2024 |
| Quarter 1 (July–September) – super guarantee contributions | 28/10/2024 |
Other News
myGovID is changing it’s name to myID
Soon, myGovID will be changing to myID. The app will have a new name and new look, but you’ll continue to use it in the same way.
The change from myGovID to myID aims to reduce the ongoing confusion between the myGovID app and myGov.
Find out more
Grants to boost business events in Victoria
The State Government’s Regional Business Events Program is open to attract new business events throughout Victoria.