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Published by Nicola Martin
Aug 10, 2020 in Employment

ASIC calls employers to provide for ‘casual’ employee entitlements in reporting

In a move that has garnered concern from the employer groups and legal commentators alike, the Australian Securities and Investments Commission (ASIC) has recently released guidance that companies should now calculate how much may be owed in employee entitlements for past and present 'casual' employees and make provision for it in their next financial statement. WorkPac Pty Ltd v Rossato [2020] FCAFC 84ASIC's guidance comes in the form of...
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