Tom28

One of our directors is like that. He said to me "we've given the poms a good battering" at the end of the ashes series. I said mate, you're from Wolverhampton! Even the aussies at work to be fair said they had no respect for him. Tosser...

Explaining myself badly. All our staff are on total fixed compensation packages (tfc) worded in the contracts so if super guarantee increases the cost to the business only goes up if we actually increase the staff packages not because the super percent changes

Ah I see why we are seeing this differently I think. So all our staff contracts have their pay rates stated inclusive of super. So if super guarantee changes we would not see an increase in staffing costs, we would be merely adjusting the percentages of that number as to what went to super and what went to employee as taxable gross. The award rises I think we can definitely agree is a cost.... I'm just looking forward to the day when all the states have the same pay rates

Ok Chris. So what are you going to do when super increases to 12 percent mandatory? Are you going to increase all your staffs packages or are you going to just contribute more from the same pot, that pot being their existing package, to their super fund. We as a business will not see additional cost as a result of an increase in the super guarantee it is the employee who will lose out in the short term but gain more super. Can you not understand what I am saying?

Ha I am not mistaken, you are looking at it from a different view to me and you can't see it that's all

I employ 100 people but never mind that. What I'm talking about is a question of perspective. When we offer people jobs We offer them a package based on market rate primarily which comes from supply and demand, adjusted up or down for experience. From this package we deduct the super element and pay it over to their chosen fund. So the way I look at it the cost to the business is the same whether super exists or not. If/when super guarantee changes to 12 percent we would adjust the proportion of that package we wouldn't pay them any more hence we do not view it as a cost. On the other hand as an employee I certainly felt it was a cost to me as I was seeing part of my package withheld and paid over to a super fund rather than the full package being paid to me now.

It is not a cost to the business, the employer is merely withholding part of the employee's pay and paying it over. If there was no super guarantee all our staff would be taking home more money, and that's precisely why I am a consultant, as I prefer not to be arbitrarily forced to hand over part of my earnings

Your first point is a given, I mean if we're even discussing it we can assume the person is already in aus and therefore it is mandatory. Also the full 9.25 percent comes from the EMPLOYEE the employer contributes diddly squat. It does benefit people who are rubbish with money though and ensures at least some sort of war chest for them to retire on. Just irks me because I'm not crap with money and I could have made better use of it now

Don't really agree with that. Yes the returns are very competitive when compared to most traditional investments but at the end of the day it's mandatory, people should have the right to choose what to do with their money

Hahaha this one! If they aren't Australians their opinions aren't as valid. 9 out of 10 Australians would recommend these wonderful beef sausages to a friend...Made by Australians, for Australians..

Haha or his pot den, but you're probably right I didn't realise he'd made a joke of that, we've all been telling that one since we got here! Going does imply travelling or movement of some sort. I somebody asked me how I "went" the other day. So all derivatives of "go" appear to be acceptable

I've only got PR, don't think I can get my super back unless I relinquish it (or it expires, as PR here isn't permanent...) plus they hammer you for tax on it, but still I would rather have it and use it while I'm young enough to do something with it. Yeah no point burning bridges in your situation, dual citizenship the world's your oyster. Well at least aus, nz, Europe!

No I haven't, to be honest it's only another month and I'm only due a few hundred dollars back. I can wait. It's the super I'm more keen on clawing off them :yes:

Hi Lou, I'm leaving on 2 weeks and just going to use my last payslip to do my tax return, the end of year summary will just say taxable income and tax deducted. Which you can get from your year to date figures. Yes your tax residency status will be unchanged for all that income. With luck you'll get a bit of a refund if you haven't worked the full financial year as you will have been taxed as though you have. Definitely keep the bank account open as they use it to ID you for the tax return and also much easier for them to refund you

No, but I used to love the daily telegraph fantasy football. Being actual football