Insolvent employers page 5 of 5

42 articles are classified in All Articles > Compliance > Insolvent employers

Government moves to reinstate Fair Entitlements cap

The Abbott Government this morning introduced a Bill in the House of Representatives to cap redundancy payments under the Fair Entitlements Guarantee scheme at a maximum of 16 weeks, describing the current benefits for employees of insolvent companies as "overly generous" and as creating a "moral hazard".

Abetz complains to ASIC over employer's "contrivance"

The Department of Employment has referred to the corporate watchdog allegations that a textile company entered into “contrived arrangements” to avoid paying redundancy entitlements to 60 workers.