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- CPA Australia Budget Proposals: CPA Australia submitted its 2026-27 Budget recommendations yesterday. Key proposals include measures to "Power Hong Kong's Growth," focusing on digital trade and connecting China with global markets. HR professionals should watch for potential tax incentives or training subsidies for Digital Trade and Fintechsectors in the upcoming official Budget release.
- Digital Platform Worker Update: Discussion is heating up regarding the 2025 Policy Address promise to improve work injury compensation for the gig economy. With several court rulings recently fluctuating on the "employee vs. independent contractor" status, new legislative guidelines are expected later this year to stabilize this segment of the workforce.
- Medical Expense Reimbursement Hike: As of late last month, the maximum daily rates for medical expenses reimbursable under the Employees' Compensation Ordinance have officially increased to $500 for out-patienttreatment. HR teams should audit their insurance coverage to ensure it aligns with these new caps.
- Construction Safety Operation: The Labour Department’s "special enforcement operation" targeting new construction sites is now in full swing following a series of fatal accidents in January. Penalties for violations are being strictly enforced, with one company recently fined over $100,000 for Employment Ordinance contraventions.