Below are some news key alerts that have a significant impact on our small business clients.
The Fair Work Commission has announced a 3.75% increase to the National Minimum Wage and minimum award wages. The increase applies from the first full pay period starting on or after 1 July 2024.
The contribution caps are indexed to wage growth based on the prior year December quarter’s average weekly ordinary times earnings (AWOTE).
Find out more information at Fair Work Ombudsman.
The Australian Government's financial regulator, ASIC, maintains the Register of Financial Advisors here.
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Drew Browne - Senior Advisor @SapienceFinancial
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Drew Browne is an Authorised Representative and Sapience Corporation Pty Ltd. ABN 29 086 679 718 is a Corporate Authorised Representative of an Australian Financial Services Licensee AFSL, NSW Complete Financial Services Group Pty Ltd ABN: 791 284 037 98 AFSL: 457600. Any information provided is general advice only and we have not considered your personal circumstances. Before making any decision on the basis of this advice you should consider if the advice is appropriate for you based on your particular circumstance. Sapience Financial is a Trauma Informed Organisation (TIO) and affirms the Darlington Statement on Intersex Human Rights Australia.
Sapience Financial acknowledges the Traditional Custodians of Country throughout Australia and their continuing connection to land, waters and community. We pay our respect to them and their cultures, and Elders, past, present and future.
