Insight,

Closing Loopholes reforms – A timeline

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The Fair Work Legislation Amendment (Closing Loopholes) Act 2023 (Cth) was passed and received Royal Assent late last year, and the Fair Work Legislation Amendment (Closing Loopholes No. 2) Act 2024 (Cth) was passed on 12 February 2024 and received Royal Assent on 26 February 2024.

As a result all of the Closing Loopholes reforms have now become law, or soon will be.

Below are the key effective dates for all of those changes.

For more on the incoming industrial relations changes, visit 'The New Workplace: People, Law and Culture'.

Latest Thinking
Insight
In July 2026 an Expert Panel of the Fair Work Commission (the Expert Panel) determined that given the then drop in national diesel prices, and despite the obligations imposed on primary and secondary parties under the Road Transport Contractual Chain Order – Fuel Cost Recovery – 2026 (RTCCO) having already ceased as a result, the RTCCO itself would nonetheless live on.

22 October 2026

Insight
ASIC has announced its sector-specific supervisory priorities for 2026-27, signalling its focus areas, expectations of industry and the potential targets of future enforcement action.

21 October 2026

Insight
The duty to act with utmost good faith is a foundational principle of insurance in Australia. An insurer’s failure to comply with that duty is a contravention of s 13(2A) of the Insurance Contracts Act 1984 (Cth) (ICA) and can attract civil penalties.

21 October 2026