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Hobart Retains Australia’s 3rd Strongest Office Market

 Knight Frank Hobart’s Office Sales and Leasing specialists, Hayden Peck and Richard Steedman, give an update on the Hobart office sector in this month’s feature article. The recent release of the Property Council of Australia’s (PCA) Office Market Report 2020 indicates Hobart (4.1%) has remained the third strongest capital city office market in the country,…

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RACT Insurance recognised for fine service

 RACT Insurance has been recognised on the national stage for the fifth year in a row, taking out the General Insurer of the Year at the Roy Morgan Customer Satisfaction Awards. CEO Trent Sayers said winning the award was an exceptional reflection on the RACT Insurance brand and all the work the team put into reinforcing the member value. “It’s a privilege for a Tasmania company to be recognised for our excellence amongst such a strong field of Australia’s best-known insurance companies,” Mr Sayers said. “We pride ourselves on being Tasmania’s only local insurance company and being on the ground to support our customers when they need us most. “It…

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Women play super catchup

 By Wayne Davy CEO, Tasplan   Women are at a significant disadvantage when it comes to super, generally earning less than men, and taking more time out of the workforce to care for family. Statistics show that Australian women retire with 47% less super than men, only receive one third of the government’s super tax concessions and, as a result, 40% of single retired women live in poverty. These statistics are very confronting, but unfortunately this is the reality for a lot of women at retirement age. In May 2019, Tasmanian women earned $1,320.50 each week while in contrast, Tasmanian men earned an average of $1,473.10 each week, a difference…

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Annualised salaries

 By Cristina Serra Workplace Relations   Annualising salaries can be complicated business and new rules are going to make the red tape even redder. Currently, some modern awards allow a flexible agreement between employers and employees to annualise their salaries. This means, under certain parameters, the operational bureaucracy of calculating overtime, penalties, etc. can be avoided. An employer can provide a salary that incorporates these extra amounts by paying a higher than normal rate. In effect, it allows employers to ‘buy’ out various award entitlements – instead of having to calculate and pay actual hours each roster period. But here is the issue – if you are paying less than…

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First sod turns on Inveresk project

 Inveresk is finally being transformed with the first sod turned on the $260 milion University of Tasmania relocation project. Piling work has started to prepare the foundations and is due to be completed in early March, with full construction to commence in mid-2020. The first stage of the project, which includes a library, student services…

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Kicking goals for Tassie

 By Michael Bailey TCCI Chief Executive   The announcement that Tasmania could field an AFL team by 2025 was greeted with great excitement and overall enthusiasm around the State. From a TCCI perspective, I believe the AFL Taskforce Report which was released heralds the creation of enormous economic and social opportunities for the whole of…

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Labor’s focus 2020

 By Rebecca White Leader of the Opposition   As we begin a new year and a new decade, we need to ask ourselves whether people all around Tasmania are sharing equally in the benefits of relatively good economic conditions. The jobless rate is still well above the national average and the number of people in…

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