Salary Packaging Procedure

Standard benefits

A flat rate administration fee of $4.35 (deducted from gross pay each fortnight) is payable in order to salary package the following standard benefits:

• Superannuation
• Campus parking permits
• Portable computers, portable printers & business computer software
• Gym /aerobics membership fees, 'gold passes' (as applicable) at Caulfield, Clayton and Peninsula campuses
• Qantas Club membership
• Child care fees

Campus Parking Permits

Where a staff member only packages the cost of a parking permit, the administration fee is $4.35 per fortnight for the duration of the parking permit deduction. The administration fee and the parking permit fee are both pre-tax deductions.

Non Standard Benefits

Fees charged for salary packaging of non standard benefits are additional to the flat rate administration fee charged for salary packaging the items listed above.

Living Away From Home Allowance (LAFHA)

An administration fee of $20 per fortnight is charged for the salary packaging of a LAFHA to cover the administration and compliance costs of providing this benefit.

Novated Leasing of a Motor Vehicle

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

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.