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The Australian Salary Packaging Industry Association [7] is the professional body for outsourced salary packaging service providers. The Australian Taxation Office [ 8 ] administers Fringe Benefits Tax and the FBT Exemptions that facilitate salary packaging for employees of not-for-profit healthcare organisations and public benevolent institutions.
A fringe benefit is an extra benefit supplementing an employee's monetary wage or salary. For example: A company car, private health care, fitness club membership, phone or internet service reimbursement, etc. In Australia, a fringe benefit is a payment to an employee that is not considered part of the employee's income.
[21] [22] Accordingly, in 2019, international students represented on average 26.7% of the student bodies of Australian universities. International education, therefore, represents one of the country's largest exports and has a pronounced influence on the country's demographics, with a significant proportion of international students remaining ...
The Bureau of Labor Statistics, [3] like the International Accounting Standards Board, [4] defines employee benefits as forms of indirect expenses. Managers tend to view compensation and benefits in terms of their ability to attract and retain employees, as well as in terms of their ability to motivate them.
In 2019, international students represented an average 26.7% of the student body population in Australian universities. International education therefore represents one of the country's largest exports and has a pronounced influence on the country's demographics, with a significant proportion of international students remaining in Australia ...
The educational system [1] generally refers to the structure of all institutions and the opportunities for obtaining education within a country. It includes all pre-school institutions, starting from family education, and/or early childhood education, through kindergarten, primary, secondary, and tertiary schools, then lyceums, colleges, and faculties also known as Higher education (University ...
The Australian Fair Pay and Conditions Standard was a set of five minimum statutory entitlements for wages and conditions introduced as part of the Howard government's WorkChoices amendments to Australian labour law in 2006 and then abolished by the Fair Work Act 2009 in 2010. The five statutory entitlements the Standard dealt with were:
The Passenger Movement Charge (PMC) is a fee levied by the Australian government on all passengers departing on international flights or maritime transport. [17] The PMC replaced the departure tax in 1995 and was initially described as a charge to partially offset the cost to government of the provision of passenger facilitation at airports ...