Termination payment changes from 1 July

23 June 2009

Termination of employment—new remuneration and compensation limits and lodgment (application) fee.

The Australian Industrial Relations Commission has advised that new remuneration and compensation limits take effect for termination of employment applications from 1 July 2009.

The AIRC stated the changes are expected to be as follows:

• A High income threshold remuneration limit (indexed from $106,400) - From 1 July 2009, an employee not employed under award conditions whose remuneration exceeds $108,300 per year is excluded from making application.
• Compensation limit (indexed from $53,200) - From 1 July 2009, the limit of compensation that may be awarded in lieu of reinstatement in unfair dismissal applications made under the Fair Work Act 2009 is $54,150. For applications made under the Workplace Relations Act 1996 - From 1 July 2009 is $55,700.
• Application fee - From 1 July 2009, the new application fee for Termination of Employment applications will be $59.50.