🇦🇺Australia

Fair Work Act Penalty for Payroll Data Non-Compliance

1 verified sources

Definition

Data source connectors in BI must accurately feed STP-compliant payroll data; failures result in wage compliance breaches.

Key Findings

  • Financial Impact: AUD 63,000 maximum penalty per breach for serious contraventions; average underpayment claim AUD 10,000+
  • Frequency: Per payroll cycle error detected
  • Root Cause: Inaccurate data flows from uncertified connectors to STP reporting

Why This Matters

The Pitch: Business Intelligence platforms in Australia 🇦🇺 face AUD 63,000+ fines per breach. Automation of certification prevents Fair Work penalties.

Affected Stakeholders

HR Manager, Payroll Officer, Platform Vendor

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Financial Impact

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Current Workarounds

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Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

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