The Closing Loopholes Bill Explained (Part 2)

It’s a busy time for employment law, as the second part of the Closing Loopholes Bill has arrived, after Part 1 was enacted on 14 December 2023. Part 2 of the Bill contains the more controversial Government proposals and was passed by Parliament on 12 February 2024. Royal Assent is expected any day now. The changes detailed in Part 2 of the Bill (officially titled Fair Work Legislation Amendment (Closing Loopholes No.2) Bill 2023) are wide-ranging and complex, so it’s critical that business leaders are across them. In this factsheet we explain the changes included in Part 2 of the Bill and how they will affect all Australian businesses. Download the factsheet through the form on the right.   We will also be hosting a webinar on the changes on 21 February 2024 – you can sign up to attend here. For a refresher on Part 1 of the Closing Loopholes Bill, check out our first factsheet or view our recent Part 1 webinar here. To stay organised, download our Closing Loopholes Bill: Important Dates Calendar which outlines all the key dates you need to be aware of.

Disclaimer: The information in this factsheet is relevant as at 13 February 2024, and has been prepared by Employment Hero Pty Ltd ABN (11 160 047 709) (Employment Hero). The views expressed herein are general information only and are provided in good faith to assist employers and their employees. The Information is based on data supplied by third parties. While such data is believed to be accurate, it has not been independently verified and no warranties are given that it is complete, accurate, up to date or fit for the purpose for which it is required. Employment Hero does not accept responsibility for any inaccuracy in such data and is not liable for any loss or damages arising either directly or indirectly as a result of reliance on, use of or inability to use any information provided in this factsheet.

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