Protecting Workers’ Entitlements Package

The package protects employees’ entitlements through three strong measures:

• The Fair Entitlements Guarantee.
• Securing Super.
• Strengthening Corporate and Taxation Law.

1. The Fair Entitlements Guarantee will protect workers’ entitlements including: redundancy pay (up to a maximum of four weeks for each year of service), all annual leave, all long service leave and up to three months of unpaid wages. The Fair Entitlements Guarantee will be enshrined in legislation.

2. Securing Super will strengthen compliance measures to ensure employees receive their superannuation entitlements.

3. Strengthening Corporate and Taxation Law will give the Australian Securities and Investments Commission (ASIC) increased powers and strengthen penalties to take action against companies that do the wrong thing. Reforms will be introduced that target ‘phoenix’ company arrangements.

This package stands in contrast to the Coalition, who will rip workers’ entitlements away. Australian employees work hard and deserve to know that their wages, superannuation and other entitlements are safe. The biggest risk to these entitlements is Tony Abbott.

Protecting Workers' Entitlments - Package Fact Sheet