POWERED BY MOMENTUM MEDIA
‘Simpler super’ draws ATO into union flack
The Australian Taxation Office’s (ATO’s) efforts to get on top of the Government’s new ‘simpler super’ regime has drawn flack from a key trade union representing public servants.
The Community and Public Service Union said it is in dispute with the ATO over the classification of staff recruited to work within the new Super Simplification area.
In a newsletter to members, the union said that in early February the ATO had recruited staff to Super Simplification to work on outbound calls in the Lost (super) Members Register, but “since this time, not only have the ATO arbitrarily imposed rosters on staff, but members report that the frequency of rostering has increased from once a fortnight to up to four times in a single week”.
It claims this falls outside the agency agreement covering ATO employment, which does not allow for “hybrid arrangements”.
The union said it had notified the existence of a dispute challenging the ability of the ATO to even roster these staff in the first place.
It said it would be escalating the dispute if the issues were not resolved.
AUTHOR
Mike Taylor
Recommended for you
APRA’s latest data has revealed that superannuation funds spent $1.3 billion on advice fees, with the vast majority sent to external financial advisers.
Cbus Super has unveiled Advice Essentials Plus, a new service offering affordable financial advice to both members and their partners.
The fund has launched a new tool to help deliver personalised financial education and digital personal advice to eligible members.
The QAR lead reviewer has told a Senate committee that the government’s demands of super funds conflict with their original purpose.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI Second Close
61.07 3 y p.a(%)
2
Spire Oaktree Opportunities XI First Close USD
59.21 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.56 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
31.06 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
26.81 3 y p.a(%)
