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Salary Packaging Procedure

Section 7. Salary Packaging Administration Fee

A flat rate administration fee of $3.95 (deducted from gross pay each fortnight) is payable in order to salary package an unlimited number of benefits. This fee will change to $4.35 per fortnight effective from 23 May 2009.

Campus Parking Permits

Where a staff member only packages the cost of a parking permit, a fee of $5 per fortnight is deducted from pre-tax salary as follows:

Permit colour Permit Location Total Fee Payable
Blue Clayton / Caulfield $30 $5 x 6 fortnights
Blue Peninsula / Berwick $15 $5 x 3 fortnights
Red Peninsula / Berwick $25 $5 x 5 fortnights
All other All $50 $5 x 10 fortnights

Performance Bonuses and Lump Sum Payments

An administration fee equal to 1% of the payment amount, capped to the maximum of $200 will be charged where a staff member who decides to salary package their bonus or additional lump sum payment into Accumulation Super. This will be in addition to any fee deducted for packaging annual remuneration.

Novated Leasing of a Motor Vehicle

If staff member enters into a novated leasing arrangement a handling fee of $10 per fortnight applies; this fee is in addition to the administration charges applied by the novated leasing company.