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NT Build annual report 2008-2009



NT Build annual report 2008-2009


NT Build reports; Reports; PublicationNT




Made available via the Publications (Legal Deposit) Act 2004 (NT).


Date:2009; Inlcudes NT Build : year four at a glance 2008-2009




Northern Territory. Office of the Commissioner for Public Employment. NT Build. -- Periodicals; Long service leave -- Northern Territory -- Periodicals; Construction industry -- Northern Territory -- Periodicals; Construction industry -- Northern Territory -- Employees -- Periodicals

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NT Build

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Annual Report 2008 - 200920 These factors include: as a relatively new scheme, the limited extent of established historical data available to enable an accurate assessment of the schemes liability; work exempt from payment of the levy; expenses estimated in administering the scheme; level of worker registrations and service turnover; and Notwithstanding the above, the schemes consulting actuary Cumpston Sarjeant Pty Ltd million be adopted for accounting purposes as at 30 June 2009, an increase of $6 million from the million provision has been disclosed on the balance sheet As required by the , the Minister for Public Employment requested an extensive actuarial review of the scheme be undertaken the actuarys advice was also sought on options for adopting a variable threshold levy rate The Actuarys report on his review of the scheme was completed and submitted to the Treasurer requested the actuary provide additional advice, based on revised estimates of NT construction industry employees and updated assumptions of relevant economic indicators, Both the original report and the supplementary report were tabled in the Northern Territory Actuarial advice