Wage Increases, BP and Drink Driving Reform

Wage Increases, BP and Drink Driving Reform

On behalf of our members who keep this state moving and shops open, Road Freight NSW congratulates Prime Minister Scott Morrison and the Liberal party on their election win. We also look forward to working with our local member, Anthony Albanese, as Opposition Leader of the Australian Labor Party.

Jeff Johnston from Johnstons talking to Hon Anthony Albanese about business concerns.

BP OFFER

Annual Wage Review – Update

Final consultations in this year’s Annual Wage Review took place on 14 and 15 May.

Ai Group’s main submission and reply submission propose a two per cent minimum wage increase which equates to an increase of about $14.40 per week in the National Minimum Wage and about $16.75 per week at the base trade level.

The ACTU has proposed a wage increase of six per cent. In its public comments, Ai Group described the ACTU claim as obviously unsustainable and a sure-fire way of destroying jobs, harming businesses, and threatening Australia’s long period of economic growth.

The decision in the case is likely to be handed down in early June, with the minimum wage increases operative from 1 July 2019.

Last year, the FWC awarded an increase of 3.5 per cent and the previous year it awarded a 3.3 per cent increase.

Road Freight NSW members will be advised of the outcome of the case and its impact on rates of pay contained in awards.

Wage Outcomes Under Enterprise Agreements

On 29 March 2019, the Department of Employment released its report on Trends in Federal Enterprise Bargaining for the December 2018 quarter. Average annualised wage increases (AAWI) for enterprise agreements approved in the December 2018 quarter are summarised in the following table.

Industry Sector or Type of Agreement AAWI (%) for agreements approved in December 2018 Change from September 2018(%)
All sectors 2.8 Down 0.4
Private sector 3.0 Same
Public sector 2.7 Down 0.6
Manufacturing 2.8 Up 0.1
Metals manufacturing 2.6 Down 0.4
Non-metals manufacturing 2.9 Up 0.5
Construction 6.0 Up 0.1
Transport, postal & warehousing 2.7 Up 0.1
Mining 2.7 Up 0.5
Information media and telecommunications 2.1 Up 0.2
Retail 3.3 Up 0.3
Single enterprise non-greenfields 2.8 Down 0.4
Single enterprise greenfields 3.8 Up 0.4
Union/s covered 2.8 Down 0.4
No Union/s covered 2.5 Up 0.3

Ai Group regularly helps employers in the road transport sector faced with enterprise bargaining. Road Freight NSW members looking for any advice or assistance in this regard can contact Brent.Ferguson@Aigroup.com.au

Drink and drug driving reforms

As part of the Road Safety Plan 2021, the NSW Government is introducing a range of reforms to strengthen the drink and drug driving penalties applied to offenders. The legislative reforms are outlined in the Road Transport Legislation Amendment (Penalties and Other Sanctions) Act 2018.

On 20 May 2019 new penalties and licence sanctions came into force for lower range drink driving offences, and for the offence of driving with the presence of an illicit drug.

The issue

Website content and FAQs

A range of web content and FAQs will be published online. Visit:

$30,000 instant asset write-off

21 May 2019

Thinking of purchasing assets for your business?

The instant asset write-off threshold has been increased to $30,000 and extended to 30 June 2020.

If you purchase an asset (new or second hand) costing less than $30,000 and it is used or installed ready for use from 7:30pm AEDT on 2 April 2019, you can claim a deduction for the business portion

Different thresholds apply for assets purchased before that date:

from 29 January 2019 until before 7.30pm AEDT on 2 April 2019, the threshold is $25,000· before 29 January 2019, the threshold is $20,000.

You may purchase and claim a deduction for multiple assets provided each asset is under the relevant threshold.

Assets that cost $30,000 each or more can't be immediately deducted. You can continue to deduct them over time using the small business pool.

The instant asset write-off has also been expanded to include businesses with a turnover from $10 million to less than $50 million.

Remember, registered tax agents can help you with your tax.

Road Reports

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Road Freight NSW contact details

56 Fitzroy Street Marrickville NSW 2204

Tel: (02) 9557 1205

info@rfnsw.com.au

www.roadfreightnsw.com.au

The information in this publication is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavour to provide accurate and timely information, we do not guarantee that the information in this newsletter is accurate at the date it is received or that it will continue to be accurate in the future.

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