June 2025 Newsletter
- CVC and RTR
- Jun 26
- 4 min read
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It is the EOFY!
As we approach the end of the 2024–25 financial year, it’s a timely reminder for all businesses to review their compliance, record-keeping, and reporting obligations.
The end of the financial year is more than just a date on the calendar—it’s a crucial period for ensuring your business meets all regulatory requirements. Staying on top of your obligations helps you avoid penalties, maintain good standing with regulatory bodies, and set your business up for success in the new financial year.
With ongoing changes to tax, superannuation, and workplace laws, it’s important to stay informed and proactive. EOFY is the perfect time to review your processes and ensure everything is in order for a smooth transition into the new financial year.
What have we been up to?
🎉 We’re Celebrating Our Superstars! 🎉
A massive round of applause for our incredible team members, Holly, Kelly and Felicity, who have just completed their NDIS Quality Auditor Training!
This is a huge achievement, and we couldn’t be prouder!
But that’s not all—we’re stepping up our game!
We will soon begin auditing NDIS providers seeking registration and we will continue to deliver external ISO audits too!
This means we’re expanding our horizons and making a real difference in the sector.
SWMS Workshops
We are pleased to share that another council (Hepburn Shire Councils Depot teams) have recently completed our popular interactive SWMS workshop.
In addition to local government, we have successfully delivered this training to a variety of private construction companies.
If you would like us to bring this valuable training to your business, please do not hesitate to contact us.
CHW Board
This week, Central Highlands Water’s Board of Directors including our very own Director, played a key role in advancing the region’s water future by formally marking the commencement of the final part of the Daylesford Water Supply upgrade during an on-site visit to the Daylesford Water Treatment Plant.
This $25 million investment that enables a connection to the Goldfields Superpipe will boost drought resilience, support regional growth, and ensure a reliable water supply for the next 50+ years. Read more>>
Swinburne Student Association
We are pleased to be supporting the newly established Swinburne Student Association by assisting with their corporate governance and providing guidance to their board.
Synod Audit and Risk Committee Member
We have been appointed as an Independent Member of the Synod of Victoria and Tasmania’s Audit and Risk Committee at the Uniting Church in Australia. In this role, we are supporting the Church’s governance by participating in oversight of risk management, internal audit, and compliance processes. Our work helps ensure that the Church maintains strong accountability and transparency across its congregations and operations.
Melbourne's Biggest Boardroom Lunch- We attended this fantastic event!
The Australian Institute of Company Directors (AICD) in Victoria hosts an event called "Melbourne's Biggest Boardroom Lunch," which is a mock boardroom meeting designed to simulate a real board meeting of an ASX-listed company. This event is a key learning opportunity for directors and those aspiring to be directors, focusing on contemporary governance issues and providing practical insights into boardroom dynamics. Events>
News
Psychosocial hazards contributing to work-related stress
Guidance to help employers identify features in work design or management that may increase risks of work-related stress and psychological or physical harm. Read more>>
In the wake of a Melbourne law firm being fined more than $50,000 for subjecting a junior solicitor to extreme and excessive working hours, workplace compliance is now under heightened scrutiny. The court’s decision—which also included compensation for unpaid wages—stands as a critical warning for all industries, highlighting the urgent need for employers to adhere to fair work standard. This landmark case underscores the essential importance of workplace compliance. What does this development mean for your business? Read more>>
Long service leave non-compliance
Miscalculating long service leave is more than an administrative oversight—it can result in non-compliance and expose your business to substantial risks. A recent Fair Work Commission case highlights the costly consequences of relying on outdated or inaccurate systems. Learn more about long service leave here>>
Kilmore trench collapse
A man was killed in a trench collapse on Quinns Road, Kilmore, near a power substation. Emergency services responded to the scene after the incident occurred around 11:30am. Police are preparing a report for the coroner, and WorkSafe Victoria has launched an investigation into the circumstances of the fatal workplace accident.
The incident highlights the ongoing risks associated with construction and earthworks, with this being one of several recent workplace fatalities in Victoria.
Toy company fined $100,000 over sexual harassment risk
A children's toy wholesaler in Reservoir has been convicted and fined $100,000 for placing workers at risk of psychological injury from sexual harassment. More here>>
Staying up-to-date
Connect with the leading minds in governance.
AICD events will put you shoulder to shoulder with leading Australian and international directors while providing you with the latest strategies and best practices in governance and directorship.
Meet with fellow leaders, broaden your professional networks and learn from those at the apex of their industry. Events>>
The ATO and Superannuation
This year, the ATO is ramping up enforcement efforts around superannuation compliance, highlighting the significant issue of unpaid superannuation—currently affecting Australian workers to the tune of $3.4 billion annually. Businesses are reminded to ensure all superannuation obligations are met, including timely payments and accurate reporting, to avoid penalties and protect employee entitlement.
From 1 July 2025, reduced tax concessions will apply to superannuation balances above $3 million, and further reforms are scheduled for the near future. Additionally, new sustainability reporting requirements may soon impact your business’s compliance and reporting obligations.
Staying up to date with these changes is essential for maintaining compliance and preparing your business for a smooth transition into the new financial year. Learn more>>
WorkSafe
Public consultations
WorkSafe regularly consults with the Victorian community on changes to compliance codes and regulations through the Engage Victoria website. Public consultations ensure WorkSafe understands the current state of knowledge and Victorian work practices. Get involved>>
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