The Corporations Law Amendment (Employee Entitlements) Act 2000 (Cth): To What Extent Will it Save Employee Entitlements?

Abstract

Over recent years, the issue of what to do when employees have not only lost their jobs but their accrued employee entitlements as well has been hotly debated by various groups and interested parties around Australia. These debates would heat up every time a large company became insolvent and it is discovered that the accrued employee entitlements were either lost or threatened. Once it was established that the employee entitlements were either lost or threatened, fervent calls would ring out from these various groups and interested parties for the governments to do something to help these employees and to prevent the same thing happening again.