On 26 August 2024, stage two of changes to the Fair Work Act, called “Closing Loopholes” reform come into effect. 

“Closing the Loopholes” makes expansive changes to Australia's industrial relations. The reforms will have a substantial impact on employers, employees, principals, and contractors. It is clear that Australian businesses will need to give these reforms significant attention.

What changes on 26 August and how can you prepare?

• Changes to casual employment including how casual work is defined, pathways to permanent employment, and employee and employer responsibilities.
• Changes to independent contractor rules including a change to the definition of employment.
• A new right to disconnect for employees which gives eligible employees the right to refuse contact outside their working hours unless that refusal is unreasonable. This doesn’t apply to small businesses until 26 August 2025. 
• New minimum standards and protections for ‘employee-like workers’ in the gig economy and certain industries.

If you have any further questions, contact your Aspen Corp advisor, and keep an eye out in our newsletter for information about future changes.