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Published on 18 Oct 12
by TASMANIAN DIVISION, THE TAX INSTITUTE
The Fair Work Act 2009 has resulted in a major change to industrial relations in Australia and the full impact on businesses, both large and small, is still uncertain. The Fair Work Ombudsman is very active in auditing and monitoring employers and Fair Work Australia has issued some creative interpretations of the Act.
In this paper, the author looks at the impact of the legalisation when buying or selling a business, the crackdown on sham contracting, and other matters of concern that may affect how you advise your clients.
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