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New Governor of the Reserve Bank of Australia Appointed
The RBA have appointed Michelle Bullock as the new Governor commencing her 7 year term on the 18th September 2023. Read the media statement here.
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New Finance, Technology and Business Jobs and Skills Council Established
The Future Skills Organisation (FSO) is one of the new Jobs and Skills Councils that the Australian Government has created to ensure the country’s Finance, Technology and Business industries skills or labour shortages are addressed. Find out more on their website here
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Mandatory CPD for Real Estate Agents set to stay in 2024
After a review into mandatory CPD in the Real Estate sector was launched earlier in the year, REIWA has reported that CPD for Real Estate Agents will continue in its current format in 2024. It is further reported that should any changes be announced, they will take effect in 2025. In an interview with REIWA,...
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Review of Western Australia’s youth justice system
The Department of Justice, the Department of Premier and Cabinet, and Treasury are set to evaluate infrastructure and staffing requirements of the State’s Custodial system as an effort to improve safety and welfare at Banksia Hill Detention Centre. The Western Australian Government has announced that additional Prison Officers will be trained and employed to provide...
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Post Secondary School Pathways in Review
The Department of Education is reviewing post-school pathways for secondary students in WA to ensure they have the right information to further their study, training and employment options. Read about it here
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Are you ready? Pay & Super changes effective 1 July 2023
There are certain changes about to take place that employers need to be prepared for, most significantly the National Minimum Wage and minimum Award wages will increase as of 1 July 2023. Of particular note for employers, is the Super Guarantee that will increase from 10.5% to 11% on 1 July 2023. The increases will...
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Industry Super Austraila Chair Resigns
Chair Greg Combet from ISA has released a statement stating his resignation following the Prime Minister electing him as full-time Chair of the new Net Zero Economy Agency. Read the statement here
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Western Australian Treasury Corporation Issues Green Bond
In recognition of the growing interest in initiatives with Environmental, Social and Governance (ESG) standpoints and in an effort to advance projects which positively impact climate change and the environment, the Western Australian Treasury Corporation has launched the State’s first green bond. It has successfully raised $1.9 billion and will be a “use of proceeds...
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An Update on National Skills and Industry Engagement Reforms
According to the joint media release of Ministers of Employment and Workplace Relations, the Hon Brendan O’Connor MP and Senator the Hon Murray Watt, four Jobs and Skills Councils have been established. In June, three JSCs were established to focus on skills and workforce matters in manufacturing, transport and logistics, and mining and automotive. June...
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Enactment of WHS Legislation in WA
WorkSafe Western Australia has published a Statement of Regulatory intent that outlines its regulatory framework for the second year of the work health and safety (WHS) laws in WA. In the statement, WorkSafe indicates that as a regulator, the health and safety of all workers in WA is paramount and the legislation aims to prevents...
