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Fair Work Amendment Act 2012
Posted By David Jacobson On December 5, 2012 @ 5:31 am In Superannuation,Workplace | Comments Disabled
The Fair Work Amendment Bill 2012  has been passed by Parliament and received Royal Assent on 4 December 2012.
The Act renames Fair Work Australia as the Fair Work Commission.
Changes to the unfair dismissal application and hearing process
The unfair dismissal application and hearing process is changed by:
Default Superannuation Arrangements
The Act introduces new requirements in relation to modern award terms about default superannuation, and a process under which the FWC will review default fund terms every 4 years, at the same time as the 4 yearly review of modern awards (the first such review must be conducted as soon as practicable after 1 January 2014).
An Expert Panel has been created , which will subsume the functions of the Minimum Wage Panel (MWP) and will include members with relevant expertise to allow them to be appointed to the Expert Panel assessing default superannuation funds or to the Expert Panel responsible for the annual minimum wage review.
The Act implements several technical and clarifying recommendations made by the Fair Work Act Review related to modern awards, enterprise agreement making and industrial action.
Article printed from Australian Regulatory Compliance Review from Langes+ Lawyers: http://www.langes.com.au/australian_regulatory_compliance
URL to article: http://www.langes.com.au/australian_regulatory_compliance/2012/12/05/fair-work-amendment-act-2012/
URLs in this post:
 Fair Work Amendment Bill 2012: http://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/Bills_Search_Results/Result?bId=r4924
 Background: http://www.langes.com.au/australian_regulatory_compliance/2012/10/18/fair-work-changes/
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