How Long to Read Administration of the Waterfront Redundancy Scheme

How Long Does it Take to Read Administration of the Waterfront Redundancy Scheme?

It takes the average reader 1 hour and 15 minutes to read Administration of the Waterfront Redundancy Scheme by Australian National Audit Office

Assuming a reading speed of 250 words per minute. Learn more

Description

The audit reviewed the administration of the waterfront redundancy scheme by the Department of Transport and Regional Services (DoTRS) and the payment of redundancies to eligible stevedoring companies by the Maritime Industry Finance Company Limited (MIFCo). The waterfront redundancy scheme was announced in April 1998 as a key component of the Government's waterfront reforms. MIFCo, a wholly owned Commonwealth company limited by guarantee, was formed to manage a loan facility and ensure that employees made redundant were paid the full value of their benefits by any stevedoring company that undertook to commit to the Governmen's Seven Benchmark Objectives for waterfront reform. The waterfront redundancy scheme has funded around 1530 redundancies, involving a total outlay of about $181 million paid between August 1998 and December 1999. The objectives of the audit were to: assess compliance with the Stevedoring Levy (Collection) Act 1998 and Stevedoring Levy (Imposition) Act 1998 and other relevant legislation; assess the effectiveness of the administrative and financial controls regarding the collection of the Stevedoring Levy by DoTRS and the provision of redundancy payments to eligible employees of stevedoring companies and the management of the funding of those payments by way of borrowings by MIFCo; and review the administrative efficiency of the redundancy payment and Stevedoring Levy collection aspects of the waterfront redundancy scheme.

How long is Administration of the Waterfront Redundancy Scheme?

Administration of the Waterfront Redundancy Scheme by Australian National Audit Office is 74 pages long, and a total of 18,796 words.

This makes it 25% the length of the average book. It also has 23% more words than the average book.

How Long Does it Take to Read Administration of the Waterfront Redundancy Scheme Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 42 minutes to read Administration of the Waterfront Redundancy Scheme aloud.

What Reading Level is Administration of the Waterfront Redundancy Scheme?

Administration of the Waterfront Redundancy Scheme is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

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