Your EOFY Compliance Updates

Hello and welcome to Episode 276 of the People Powered Business Podcast.

This week we are looking at your critical end of financial year compliance updates.

We start by taking a look at what happens on the 1st July 2025 including the National Minimum Wage increasing by 3.5% to $24.95 per hour or $948 per week. in addition the Modern Award minimum rates increasing by 3.5% from the first pay period on or after 1 July.

This is the time to be checking those Individual Flexibility Agreements and Annualised Wage Agreements to ensure you’re still passing the better off overall test.

Finally we have the Super Guarantee increasing to 12% on 1 July as well.

Then we look at some of the key changes you may have missed in the last 1-2 years including wage theft criminalisation which came into effect 1 January 2025, the changes to the definition of Casual Employment and the new casual conversion pathway. Of course there is the ongoing contractor debate – but do your contractors meet the new definition? We touch on the Respect at Work Act and your positive duty obligations and of course the right to disconnect.

We sum up by looking at what’s coming in terms of further changes. This includes the final piece of the right to disconnect laws, the current Gender Undervaluation decisions, the likely ban in non compete clauses and what else might be in store.

If you’d like to connect with other businesses who are also juggling the challenges of teams, I’d love you to join us inside our free Facebook Group, The People Powered Community, so I can learn more about what’s working for you and any challenges you might be having.

Join Here.

https://www.facebook.com/groups/hrsupportaustralia

Mentioned in this episode:

Fair Work and Modern Awards Compliance Essentials Webinar

It's that time of year again. Award rates are going up. The Fair Work Act is changing (again). And if you're not across the updates, your business could be at risk - without you even realising it. That’s why I’m hosting a live webinar this June: Fair Work and Modern Awards Compliance Essentials. We’ll cover what’s changing, what it means for you, the simple steps to stay on the right side of Fair Work and the common mistakes that can land you in hot water - and how to avoid them. It will be practical and jargon free. Get your place by clicking here: https://www.peoplepoweredbusiness.com.au/fairwork