26 April 2025
SUPER SHOULD BE PAID ON PAYDAY
THE Super Members Council is urging all political parties to prioritise passing payday super laws within the first 100 days of the new Parliament. The reforms will require super to be paid on payday, reducing $5B in annual unpaid super losses affecting 2.8 million Australians. CEO Misha Schubert stressed swift action is needed to ensure workers receive their legal entitlements. Proposed changes aim to ease implementation and support employers during the transition, ensuring a fairer super system.
26 April 2025
HEMP PUSHED AS MAINSTREAM CROP
THE NSW Government has released a draft Hemp Industry Development Plan for public comment, aiming to establish hemp as a mainstream, sustainable crop. The plan sets out a vision supported by four strategic objectives to guide industry growth and collaboration. Developed by the NSW Hemp Industry Taskforce, it identifies key opportunities to strengthen the sector. Public feedback is open until 19 May 2025 via the Have Your Say website.
26 April 2025
NEW HOMES BUILD AT LOWEST LEVELS
IN 2024, just 168,050 new homes began construction in Australia, the lowest level in over a decade, according to HIA Chief Economist Tim Reardon. He warned that the loss of skilled workers to other sectors threatens future building capacity. Australia must build over 250,000 homes annually to meet housing targets. Reardon urged immediate government action to reduce taxes and fees, alongside long-term reforms in land supply, infrastructure, planning, and taxation.