ISSUE 1 / march 2014
For Employers in the Victorian Construction Industry ww.coinvest.com.au
CEO WELCOME
Why do we take
compliance seriously?
amounts owing to
compensate the fund for
the interest forgone and
also as a penalty.
Remember if an employer
does not pay, then the
shortfall is ultimately
picked up by those
employers who do pay.
In various forums we are
often asked by employers
and their representatives
why we take compliance
with the scheme’s
requirements so seriously.
The answer is twofold:
• Firstly we have a responsibility to workers in
the industry to accurately record their
service to the industry so that they have an
opportunity to secure the long service leave
benefit that they are entitled to under the
law and that they may never achieve
otherwise;
We are always available to discuss obligations
with employers and legal action is always the
last resort for us.
John Hartley
Use BPAY
and win one
of five iPad
Minis
CoINVEST’s preferred method of
payment is via BPAY. If you’re already
using BPAY, we want to thank you. If
you aren’t, why not give it a try?
Simply jump onto your online
banking service, enter a few details
and you’re done – it’s that easy!
Employers who pay their March 2014
quarter contribution invoice by Friday
30th May 2014 using BPAY will go
into the draw to win one of five iPad
Minis.
• Secondly we have a responsibility to all
employers to ensure that there is a level
playing field in the industry and an employer
is not disadvantaged by meeting his
obligations to the fund. Employers must be
confident that their competitors do not have
an unfair advantage by not complying with
their obligations to register, submit worker
details and pay the contributions due.
For employers who do not meet their
obligations we charge statutory interest on
Reporting Periods for 2014
MONTH
PERIOD
PERIOD
PERIOD
PERIOD
PERIOD
14th
JAN
14th
FEB
MAR
APR
MAY
JUN
14th
JUL
AUG
SEP
OCT
14
14th
DEC
14
14th
Workers’ Days and Wages forms are due at CoINVEST by this date
NOV
site profile
Terminal 4 Build, Tullamarine
Leighton Contractors has been appointed to deliver the
build of a new domestic terminal and an integrated ground
transport hub at Melbourne Airport.
Workers on site
Covering 20,000
square metres, the
new terminal is
expected to handle 10
million passengers
per year.
Work commences on the Melbourne Airport upgrade
With a rapidly growing domestic tourism
market, Melbourne is Australia’s most visited
overnight destination. Located between
Terminal 3 (Virgin Australia & Rex) and the
existing Terminal 4 (Tigerair), the new Terminal
4 will assist in managing the increasing
number of domestic passengers using
Melbourne Airport.
consisting mostly of concreters, demolition
workers and steel erectors. This will increase
to an expected 250 workers with the build of
Terminal 4. 2,500 tonnes of steel is being
fabricated by the Samaras Group in South
Australia for the build.
Covering 20,000 square metres, the new
terminal is expected to handle 10 million
passengers per year. The scope of Leighton
Contractors’ works include baggage handling
and re-claim facilities, check-in kiosks and
associated infrastructure, staff amenities,
retail areas and connections to existing
concourses. The integrated ground transport
hub will provide parking for 3,000 cars as well
as managing the flow of private vehicles, buses
and taxis. The build also encompasses
elevated access roads and ramps, an
underground service tunnel, electrical
substation and an ancillary infrastructure.
Project Manager for Leighton Contractors John
Currenti faces the challenge of working in an
airport environment with heightened security
needs, as well as the logistics of maintaining
access for the public in an active site. ‘Staging
is such an important part of the planning
process when working on a live site as we
need to keep the area usable,’ said Currenti. In
a number of instances, this means building
temporary structures to maintain access for
passengers. ‘Another element to consider is
how we can best minimise the impact on
traffic conditions and pedestrian routes
between two fully functioning terminals,’ he
continued.
Approximately 60 workers are onsite daily
during the early stages of construction,
The expected completion date is mid to late
2015.
CoINVEST Limited
478 Albert Street
East Melbourne, Victoria 3002
T 03 9664 7677
T 1300 COINVEST
F 03 9663 7088
GPO Box 4368
Melbourne, Victoria 3001
[email protected]
www.coinvest.com.au
CoINVEST
to launch
new website
CoINVEST is currently upgrading our
website to feature a more modern look
and enhanced layout and more
importantly, improved navigation and
functionality. The new website will
enable users to find information and
answers to their questions online with
greater ease as well as offering a range
of online services in an effort to
eliminate paperwork. We look forward
to launching our new look website
with you.
Office Hours
8am to 5pm
CoINVEST Limited (ABN 35 078 004 985)
as Trustee for the Construction Industry
Long Service Leave Fund.