How is my business affected?

A Modern Award will most likely apply to you if your business:

• is an incorporated entity (generally this includes “Pty Ltds” or “Limited” companies) and some, or all of your staff have a guarantee of annual earnings (not including superannuation, commissions, variable incentives or the like) of less than $108,300 per year
• operates as a sole trader or partnership in Victoria, the Northern Territory or the Australian Capital Territory^, or
• from 1 January 2011, if you are a sole trader or partnership in New South Wales, Tasmania, Queensland or South Australia^.

 A Modern Award will generally not apply if:

• Your business operates as a sole trader or partnership in Western Australia. This is because Western Australia’s employment arrangements are covered by State legislation^, or
• Your employees’ entitlements are determined by a registered Workplace Agreement. 

 If you are unsure whether you need to comply with the Award Modernisation changes, GuildSuper recommends that you check the AIRC website or seek advice from your employer association or industrial adviser.

Changes to super will limit the choice that most businesses currently have to select the default super fund for their award employees.

As GuildSuper has been named in the Pharmacy Industry Award and the Animal Care and Veterinary Services Award ,
you can continue to use, or start using the Fund as your default fund."

 ^ Sole traders and partnership arrangements are treated differently in each State depending on whether the State has employment legislation in place.