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Financial services: The tussle for compliance and contingent talent

Australia’s financial services industry, including banks, superannuation and insurance organisations, has been undergoing a major transformation in recent years. Although usually at the forefront of innovation, there is greater emphasis on digitalisation of internal processes as well as those associated with the customer experience. This combined with heightened attention on compliance has made it evident that the financial services industry, operating in an evolving global marketplace, needs to continue the relentless pursuit to advance their workforce strategies.

The Freelancer’s Guide To Melbourne

Melbourne is a city that’s easy to get comfortable in – topping The Economist’s Global Liveability Ranking for the fifth year running in 2015. A city with sublime living standards, great infrastructure and brimming with culture. A city that’s thriving, and is fast becoming one of the world’s hotspots for freelancers.

2016 visa reforms focus on business and innovation

Connecting people to jobs compliantly and with administrative ease is the reason why Entity Solutions help so many businesses and individuals with their immigration requirements. In a potentially exciting year for businesses, 2016 promises much for business and innovators. The visa reform is set to promote these initiatives even further.

Will the May Budget deliver on promises of innovation focus?

The upcoming release of the 2016/2017 Australian Federal Budget has the nation abuzz with speculation of many changes, including possible tax concessions to businesses. However, one policy focus getting particular attention is “the Ideas Boom”– the government’s proposal of investment in innovation across all sectors. One of the key areas in discussion is to provide easier pathways to funding for Universities and businesses to collaborate in industry based research. So what does this mean for the economy?

Benefit from changes to the Accredited Sponsorship Status

How your business can benefit from changes to the Accredited Sponsorship Status? Does your business sponsor employees from overseas? If you are looking for a way to make employee sponsorship a more viable option for your organisation, then the newly updated Accredited Sponsorship status is worth considering. An Accredited Sponsor is a standard business sponsor who has been assessed as meeting additional criteria* enabling benefits that help bring in international talent more readily.

Government announces reform to provide greater flexibility for employers accessing the 457 visa program

The Assistant Minister for Immigration and Border Protection, Senator the Hon. Michaelia Cash, announced yesterday the government’s response to the independent review of the 457 visa program. In a statement that was largely supportive of the recommendations made in the review, the government will act to remove unnecessary burdens and red tape on employers doing the right thing, while ensuring that they are compliant with their obligations as sponsors.

Subclass 457 quarterly report: increase applications, decrease visas granted

While the number of 457 primary visa applications lodged in the last 12 months increased by 18.1% from the previous financial year, the number of visas granted has fallen by 6.6%, according to the Department of Immigration and Border Protection’s latest Subclass 457 quarterly report for the quarter ending December 2014.

Things you should know before committing to life as a contractor (Part 1 of 2)

The Australian Bureau of Statistics estimates that there are now 1 million Independent Contractors[1], representing 10 percent of the total workforce in Australia. It’s a significant, growing sector and one in which the IT profession figures strongly. The decision to become a white collar contractor (referred to as Independent Professional or IPro by Entity Solutions) can be exciting and scary. Exciting because of the appeal of becoming your own boss – work for a living and do not live to work, work when you want, where you want and for whom you want. Scary because there is no financial safety net or guaranteed monthly pay packet.

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