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4-day work week in review
As reported in HR Leader, a hot topic in 2023 was a 4-day work week which many companies chose to trial. ESS Shipping introduced the 4-day week to eligible staff and followed the 100-80-100 model, effectively implementing a strategy in which workers receive 100 per cent of pay, for 80 per cent time at work...
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Funding for female-led and regional innovation programs
The WA Government has awarded $547,300 to six WA innovators, as part of the latest round of the X-TEND WA grants. X-TEND WA is a program within the New Industries Fund, that supports new and emerging innovative businesses across WA. Recipients in this round include organisations delivering five regionally based programs and a female-led company...
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Five generations in the workplace: Managing perceptions and challenges
A recent People at Work study by ADP has revealed that there are for the first time, five different generations in the workforce driving innovation and success at the workplace. The different characteristics of each generation are forcing HR leaders to examine and understand the differences between the generations while making use of their commonalities to ensure organisations...
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WA procurement reforms to deliver better outcomes in construction
The WA Government, through its Safe and Fair Reform Package, aims to reform procurement processes for non-residential government building projects thus promoting a more sustainable building and construction industry in WA. The reform package follows recommendations from stakeholders in the building and construction industry and aims to support industry navigate a challenging environment with labour...
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Unions call for workers to be at the core of AI regulation
HR Leader reports AI is present in nearly every industry with increasing adoption of AI in global workplaces. As a result, global workplaces need to consider the group most affected by the changes in AI regulation and adoption – the workers. The ACTU is calling for a “worker-centred approach” and recommends including workers in the...
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Pathways to post-secondary school success
The WA Government is inviting the public to comment on the Pathways to Post-School Success Report: Consultation Draft. The senior secondary school pathways review aims to ensure Western Australian students have training and study pathways to reach their full potential. The draft report reflects the extensive engagement undertaken with a broad range of stakeholders and...
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WA rent reforms to modernise tenancy laws
The WA Government has introduced tenancy reforms including a ban on rent bidding. As a result of the reforms, tenants or property agents will be banned from asking tenants to pay more money to secure an available rental property. The laws will give tenants the confidence to enforce their rights without retaliatory action such as...
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Funding to establish local government inspector
The WA Government will allocate $702,000 towards the establishment of the proposed new local government inspector and monitors. The initiative is part of the State’s local government reform agenda and aims to strengthen the oversight of local governments through the provision of early intervention and assistance to councils as problems arise. Legislation to establish the...
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Artificial Intelligence to dominate financial reporting in three years
Business leaders expect generative Artificial Intelligence (AI) to revolutionise financial reporting, predicting 99 per cent of organisations will use the technology in financial reporting in three years. Business leaders foresee that auditors will be at the forefront of the technology transformation, according to a survey by KPMG International. The study surveyed global financial reporting executives...
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Mortgage brokers dominate home loan market, transform banks’ profit
As reported on ABC News, home loans continue to dominate the profits for banks but recently, the profit margins have been decreasing due to customers preference for mortgage brokers when finding a loan for their homes. Approximately 75 per cent of new home loans are now negotiated through mortgage brokers, continuing to disrupt the historical...
