Employers are being warned that the days of expecting taxpayers to cover staff entitlements for failed businesses may soon be over, with company bosses potentially being held legally liable for the business’ unpaid dues.
Brisbane employment law expert Michael Coates says employers need to know that under proposed new laws, unpaid wages from a collapsed business could be recovered from related business entities that are not insolvent in circumstances where it is just and equitable (that is, “fair”) to do so. However what exactly is “fair” is yet to be determined.
Filed under:
Authors:
Location: