March 2015 Issue 102

Creation of an Icon
Features
Under the direction of leading Canberra development group, Crafted, the 1962 office building at 8-10 Hobart Place, Canberra City, has been transformed into one of Canberra's newest icons. Featuring a striking LED fa ade which is computer controlled, is capable of up to 16 million different colours, and runs multiple programs throughout the night, changing with the seasons and for...
Payroll, Get SuperStream ready
Features
The SuperStream standard is part of the government's Super Reform package. It will provide a consistent, reliable electronic method of transacting linked data and payments for superannuation. Background The ATO is seeking to achieve the following: * Employer compliance in paying their employees' superannuation obligations. * A reduction in the number of lost super accounts and unclaimed monies. * Improve...
Superannuation revolving door on death benefits
Features
According to data published by the Australian Taxation Office ("ATO") the growth in the use of Self Managed Superannuation Funds ("SMSF") continues. However, a recent publication stated that in the 2012/2013 financial year for the first time in the SMSF sector's history the amount paid out by SMSF's was greater than the amount contributed to them. Money can only, generally,...
Focus on talent….. before it’s too late!
Features
While privatisation of Commonwealth Government functions continues to cause some uncertainty in Canberra, a big increase in new contract-based opportunities plus growth in the private sector are giving many employees in the nation's capital itchy feet. As the shift back towards a more typical candidate-driven market continues, Canberra organisations will need to be on their toes if they want to...
MTAA Super: On track to a super future
Cover Story
When you're the head of the superannuation fund for workers in the motor trades industry, it helps if you have an interest in cars. And Leeanne Turner - the Chief Executive Officer of the Motor Trades Association of Australia Superannuation Fund (MTAA Super) - isn't just interested in cars, she loves them. She grew up racing her brother's go-cart and...
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