A top broker has said changes to the Fair Work Act could be troublesome for brokers, and aren't tailored to the needs of small business owners.
Minister for employment and workplace relations, Bill Shorten, has confirmed the government’s next set of changes to the Act, saying it will largely focus on ‘flexibility for modern families’.
“Helping families with work and family balance, changes to parental leave to provide more flexibility to new parents and a requirement for employers to consider the impact of major change on employees’ family and care responsibilities – these are the signature changes we will soon bring before the Parliament.”
However, Acuity Funding managing director, Ranjit Thambyrajah, told Australian Broker that while, for the most part, he’s happy with the ideologies behind the new regulations, he’s concerned they may not be realistic for brokers and other small business-owners.
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