Closing Loopholes Important Dates Calendar

The Closing Loopholes Acts, comprising the Fair Work Amendment (Closing Loopholes) Act 2023 and the Fair Work Amendment (Closing Loopholes No 2) Act 2024 represents significant reform to the country’s workplace laws. The original Closing Loopholes Bill was split into two parts, and addressed various aspects of Australian employment law. These changes, once implemented, are expected to significantly impact the employment landscape in Australia, with implications for employers, employees and unions. In late 2023, the Australian Federal Government passed Part 1 of the Closing Loopholes Bill, sounding alarms through the local business community. With a slew of new measures introduced, it’s no surprise that questions were raised. For a detailed overview of Part 1, download our Closing Loopholes Bill Part 1 Factsheet to understand the important employment law changes for your business. In early 2024, Part 2 was passed. Part 2 of the Bill contains the more controversial Government proposals and was passed by Parliament on 12 February 2024, with Royal Assent given on 26 February 2024. For more insights on Part 2, download our Closing Loopholes Bill Part 2 Factsheet to stay informed on these critical updates. With so many changes coming our way over the next few years, it’s critical you’re prepared. This calendar outlines the important dates you need to be across so you can stay compliant. To delve deeper into the implications of these changes, join our Employment Law Update: The Closing Loopholes Bill Explained webinar.