March 2022.

Did you know…?
March 2022

Tech Talk
Salary Packaging / Novated Leasing

Exempt – FBT Status

Concessional Superannuation Cap from 1 July 2021.

The concessional superannuation contributions cap changed from 1 July 2021 to $27,500 for all individuals regardless of age. If you wish to make further concessional superannuation contributions toward that cap, you will need to do so by 30 June 2022.

FBT Exempt Caps.

If you work in a Public Benevolent Institution (PBI) or health promotion charity (HPC) and have not maximised your FBT exempt
cap of $15,900 or if you work in an organisation that is a PBI and a public or not-for-profit hospital (including government-run hospitals and most not-for-profit privately run hospitals) and have not maximised your FBT exempt cap of $9,010, you will need to do so by 31 March 2022.

Meal Entertainment allowance – Cap of $2,650.

If you have not maximised your cap of $2,650 for Meal Entertainment, you will need to do so by 31 March 2022.

Product Developments

Carbon Offset with Greenfleet

Greenfleet is a not-for-profit organisation and Australia’s first carbon offset provider, committed to protecting our climate by restoring native biodiverse forests. This helps to restore critical ecosystems and capture carbon emissions on behalf of their supporters, like Paywise and our members.

Paywise members who choose our novated lease product, can contribute to Greenfleet to help protect our planet. Their contribution goes directly to Greenfleet. Paywise members have been able to contribute to that pursuit.

The impact from this partnership has been:

2021 calendar year

  • 2,447 tonnes of carbon offset.
  • $40,382 donated.


  • 12,886 tonnes of carbon offset.
  • $212,797 donated.

Cars New and Used?

A new report from Automotive News online suggests that the current used vehicle price boom will recede in late 2022 and early 2023, using data and analysis from consulting firm KPMG. stated that price increases in new cars is due to a multitude of factors. Demand will continue to be high in 2022, even if inventories remain low. That means fewer dealer discounts and manufacturer incentives.

If you’re looking to buy a new car in Australia but struggling to find one with a reasonable delivery wait time, you’re not alone. As pandemic-related delays have gripped the automotive industry for the better part of two years, we now have a better idea of exactly how patient we have to be.

According to data published by local car pricing advice website Price My Car, typical waiting time for a new car in Australia increased by 250 per cent since the start of the pandemic, with the average time for many models extending beyond six months. The following delivery wait times are skewed by particular variants, so contact Paywise if you’re after a specific quote:

Brand wise:

  • Jaguar (218 days), Volvo (199), Isuzu (184), Toyota (180), Kia (173), Volkswagen (164), Audi (157) and Nissan (131) had the longest average delivery wait times in January 2022, while Peugeot (42), MG (60), Jeep (63), LDV
    (65), Haval (68), Mazda (75), BMW (84) and Lexus (95) had the shortest.


  • The Kia Sorento large SUV (274 days) had the longest average delivery wait time in January 2022, ahead
    of the Toyota RAV4 mid-size SUV (258), Kia Carnival people mover (255), Ford Mustang sports car (236),
    Kia Seltos small SUV (225), Nissan Patrol upper-large SUV (224), Volkswagen Tiguan mid-size SUV (221) and
    Volvo XC40 small SUV (221).
  • The Toyota Kluger large SUV (46 days) had the shortest delivery wait time in January 2022, outpacing the
    Mazda CX-3 light SUV (56), Mazda CX-30 small SUV (56), Mazda CX-9 large SUV (67), Kia Picanto micro
    hatchback (73), Ford Ranger Ute (74), Mazda CX-5 mid-size SUV (76) and Nissan X-Trail mid-size SUV (79).

Tips and Hints

The Paywise Fuel Card is accepted by over 6,000 service stations in Australia, making it one of the most widely accepted cards across the country. Sites include:

  • Liberty
  • Caltex
  • Ampol
  • Puma
  • BP
  • Shell
  • 7-Eleven
  • Coles Express
  • KWIK Fuel
  • Felix Energy
  • EG Fuel Co
  • Better Choice
  • Woolworths
  • Mobil

Additionally, you can use your Paywise fuel card to pay for:

  • Servicing
  • Tyres
  • Carwash
  • Windscreen Repairs

We recommend using the site location tool on the WEX motorpass website at: before you visit a service centre to ensure they accept the card.

Did you know that your Paywise Fuel Card has transaction limits which may vary from your available funds? Make sure you obtain a price guide or quote to determine if you will need to request an increase to these limits. If you do require an increase, please do so 48 hours prior to your service as the update takes 24 hours. Therefore, if we increase the limit at 3pm the limit will refresh at 3.01pm the next business day

Staff Spotlight

Meet Richard Hemerik

Richard is the Professional Services Manager who is responsible for the timely processing of all the salary packaging contributions and corresponding payments to our members.

When did you commence with Paywise?

September 2006

Why did you want to work with Paywise?

Paywise was a good opportunity to commence my career in financial services after graduating from university. Paywise has provided a lot of opportunity for growth in my career.

What are your hobbies?

Badminton and watching YouTube – Badminton is a great way to get active and have a friendly competition with friends. I spend too much time on YouTube, much more than I am willing to admit. There is just so much content there to consume. Currently
been watching Doobydobap for all those Korean recipes and entertaining vlogs.

Do you have any pets? If not, if you were to come back to this life as an animal, insect or bird,
what would you come back as and why?

I would come back as a Philippine Tarsier as they are such a unique tiny creature who get to be lazing
around in the trees during the day.

Favourite band and why?

G.E.M. (Get Everybody Moving) – After her appearance in I Am Singer Season 2 she became one of my favourite artists. Good music to listen to while reviewing FBT reports especially her collaborations with Namewee and JJ Lin.

Favourite movie or series and why?

The Conjuring Universe – I only ever watch movies on airplanes and its best to watch this series on a red eye
flight after they have dimmed the lights. It just adds to the experience.

Member Spotlight

Member Spotlight – Michael,

from a leading health service provider, took possession of a brand new HYUNDAI PD.V4 MY21 I30 N LINE D-CT HATCH and said:

“I’m very happy to continue with the amazing team at Paywise as you have all been so consistent, prompt and professional with the previous car I purchased many years ago.”

Commendation and praise to Judi and Scott from the Paywise team who assisted Michael with this Novated Lease

Member Spotlight – Catherine and Craig,

from Curtin University, took possession of a brand-new TOYOTA
GDJ150R LANDCRUISER PRADO GXL WAG and passed on this message:

“I would like to take this opportunity to provide feedback about the excellent service provided by Paywise. We have been fortunate enough to have you guide us through the leasing process. Your patience, knowledge and care is exemplary.

I have a tendency to get frustrated by processes that seem redundant and you managed to address any issues quickly and clearly. I cannot thank you enough. Your service has exceeded my expectations.”

Commendation and praise to Stephen from Paywise who assisted Catherine and Craig with their new car.

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