The Victorian Transport Association (VTA) is reminding transport operators to prepare for a series of workplace relations and payroll changes that come into effect on 1 July.
Among the most significant changes is the introduction of Payday Super, requiring employers to pay superannuation contributions within seven calendar days of each employee pay cycle. While the Superannuation Guarantee rate remains unchanged at 12 per cent, the VTA is encouraging operators to review payroll and accounting systems to ensure they are capable of meeting the tighter compliance timeframe.
The association warned that businesses failing to meet the new payment deadlines could face increased compliance obligations and financial penalties.
The Fair Work Commission’s Annual Wage Review also takes effect from 1 July, increasing the National Minimum Wage by six per cent to $1,004.90 per week, or $26.44 per hour. Minimum rates under Modern Awards will increase by 4.75 per cent, requiring employers to update payroll systems and applicable award classifications from the first full pay period on or after 1 July.
Changes to the Fair Work Act’s high-income threshold will also come into force, rising from $183,100 to $190,100 per annum. The increase affects eligibility for unfair dismissal claims by employees who are not covered by a modern award or enterprise agreement. At the same time, the maximum compensation available for successful unfair dismissal claims will increase to $95,050.
The VTA said employers should review the remuneration of award-free managers, professionals and contractors when assessing potential unfair dismissal exposure.
Application fees for a range of Fair Work Commission matters, including unfair dismissal and general protections claims, will also increase from $89.70 to $92.70.
VTA CEO, Peter Anderson, urged members to ensure payroll systems, wage rates and superannuation processes are updated before the changes commence.
“Members should review their payroll systems and wage rates ahead of 1 July, confirm modern award classifications have been updated and ensure payroll and superannuation processes meet the new Payday Super requirements,” said Anderson.
He also encouraged operators to brief HR personnel and management teams on the revised unfair dismissal thresholds and compensation limits to help minimise compliance risks.
The VTA said it will continue providing guidance to members on workplace relations and regulatory changes affecting the transport industry.
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