On 12 March 2019, the Australian Taxation Office (ATO) issued a note clarifying its view as to whether annual leave loading attracts Superannuation Guarantee (SG) contributions. This depends on whether leave loading is ordinary time earnings (OTE). Annual leave loading will be OTE unless it is referable to a lost opportunity to work overtime.
The commonly held view is that annual leave... MORE
NECA policy briefing paper
Executive summary
The National Electrical and Communications Association (NECA) has welcomed the Federal Budget, which includes several measures advocated for, that will benefit the electrical contracting industry.
In a win for small and medium-sized businesses, the government announced an immediate expansion to instant asset write-off rules, with the threshold lifting from $25,000 to $30,000, and... MORE
The National Electrical and Communications Association (NECA) launched the ‘Women in Electrical Trades Roadmap’ on Friday 14 December 2018 with Senator the Honourable Michaelia Cash, (Minister for Small and Family Business, Minister for... MORE
Australian business requires certainty from government to underpin effective commercial decisions and to invest in new projects that will reduce power bills and create employment opportunities.
Consistency in decision-making and continuity in government policy are key factors that boost business confidence and deliver jobs growth.
“We are disappointed that recent instability in... MORE
Innovation and excellence across the electrotechnology sector was recognised at the NECA Tasmania Excellence Awards held on 18 August.
“This year’s entries demonstrate the quality of the work our members deliver to a range of high-profile and critical projects across Tasmania,” said Suresh Manickam, Chapter Secretary Tasmania and CEO NECA.
“The entries ranged from electrical... MORE
A new Phoenixing Hotline, introduced by the Federal Government this week, is an important step in protecting the incomes of NECA members.
Phoenixing is a term for companies that are liquidated in order to avoid paying their bills – to for example sub-contractors – but which then reinvent themselves and start operating as another company.
... MORE
Increased funding for vocational education and training (VET) and a reduction in the burden of payroll tax on businesses, both measures announced in the NSW Budget 2018/19, are welcomed by the National Electrical and Communications Association (NECA). They were both advocated for in NECA’s 2018/19 NSW Pre-budget submission.
“This Budget provides a very welcome boost to skills... MORE
Although there are no big ticket items for the electrotechnology sector in the 2018/19 Federal Budget, the ongoing investment in major infrastructure projects, company tax cuts and the extension of small business concessions will benefit electrical contractors.
Infrastructure
“The prioritisation of major infrastructure projects including the Melbourne airport rail... MORE
The National Electrical and Communications Association (NECA) has welcomed the news that five states and territories will participate in the Federal Government’s apprentice-focused,
National Partnership Agreement (NPA), as part of the Skilling Australians Fund (SAF).
The SAF is a $1.5 Billion matched funding initiative that is designed to support the delivery of 300,000... MORE
