Part one of the Federal Government’s Closing Loopholes Bill is now law, passed by the Senate on December 14.
Key dates for changes
Start date | Amendments |
December 15, 2023 |
|
July 1, 2024 |
|
November 1, 2024 |
|
January 1, 2025* |
* the later of January 1, 2025 and the day after the Minister declares a Voluntary Small Business Wage Compliance Code |
Part two of the Bill, including the changes to casual employment, is not expected to be finalised before February next year.
If you have any questions about the Bill or how it will affect your business, our Employee Relations Advice Centre is also available to respond to your questions on (08) 9365 7660, or via [email protected]