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.
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