Wage theft now a crime in Queensland
September 9, 2020
Employers deliberately underpaying staff now face criminal prosecution
Employers found to be deliberately stealing from their workers will now face jail time under new laws passed in Parliament today.
Under the new laws, the maximum penalty for stealing by an employer will be the same as the current maximum penalty for ‘stealing as a clerk or servant’, which is 10 years’ imprisonment.
The laws follow a parliamentary inquiry which found that wage theft affects as many as one in four Queenslanders and costs workers $2.2b per year in unpaid wages and super.
If you belieive your employer is underpaying you, you can contact us
for assistance.
If you have employees and want to make sure your pay rates are right, check out our Payroll Review
service.
What can your business do to overcome the cashflow, profitability and compliance worries?
With so many customer interactions taking place online, your online customer service has to be first-rate.
A cash flow forecast will give you business intelligence to help you scenario-plan, search for cost-savings and look for strategies that will preserve your cashflow.
Research from MYOB shows nearly half of Baby Boomer business owners are planning to exit in the next 1 to 5 years. But do you have a succession plan in place?
Are you undercharging for your fees? We’ve got the five warning signs that can help you diagnose whether your prices are too low.
The Reserve Bank of Australia has lowered interest rates. What does a drop in interest rates mean for you, your business and your financial opportunities?
Proposed legislation from the Victorian Labor Government could offer your employees the right to work from home 2 days per week. We’ve outlined how to make the most of WFH.
Should you buy or lease your new equipment? Here are some pros and cons of each. We also can review your financial position, cashflow and cost base to decide whether buying or leasing is the right thing for your business.
The ATO’s updated Tax Time toolkit is your 101 guide to business taxes. We’ve summarised the key resources you can find in this toolkit, with links to the ATO site.
You’ve sold your business! But what happens now!? We’ve outlined five potential pathways your post-sale life could take, and how they help you find new goals and lifestyles.
