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ARTICLE · 18 DECEMBER 2023

Closing loopholes as we close out 2023

Part 1 of the Closing Loopholes Bill is anticipated to come into effect gradually in 2024.

AustraliaEmployment and HR

On 7 September 2023, the Senate voted to approve Part One of the Fair Work Legislation Amendment (Closing Loopholes) Bill 2023, following a deal with the Greens and the crossbench to divide the Bill in two in order to pass certain measures. Part Two of the Bill will be considered early in the new year.

Sealed deals in Part One of the Closing Loopholes Bill

Part One of the Bill outlines the introduction of new laws, including those which:

  • prevent companies from underpaying labour hire workers who are performing the same job as employees;
  • criminalises intentional wage theft and superannuation theft;
  • prevents large businesses which are downsizing due to insolvency from avoiding redundancy payments by claiming the small business redundancy exemption;

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