
Publication
Australia’s new mandatory merger control regime
Mergers or acquisitions that meet certain turnover thresholds will shortly be required to be notified to the ACCC.
Australia | Publication | June 2020
On 12 February 2020 the Fair Work Commission (Commission) amended the Miscellaneous Award 2010 with effect from 1 July 2020. The changes extend the coverage of this Award to traditionally award-free employees with potentially far reaching consequences for some employers.
The Miscellaneous Award is intended to be a safety net for lower paid or less senior employees who aren’t caught by the usual industry or occupational modern awards. Clause 4.1 states:
Subject to clauses 4.2, 4.3, 4.4, 4.5 and 4.6 this award covers employers throughout Australia and their employees in the classifications listed in clause 14 …. who are not covered by any other modern award.
The coverage of the Miscellaneous Award has always been somewhat limited (and difficult to fathom) because:
For example, a security guard employed by a construction company to perform security work would not be covered by any modern award because:
In its 4 year review of the Miscellaneous Award, the Commission determined that its coverage should be extended by striking out the following words in clause 4.2 and deleting clause 4.3 altogether:
4.2 The award does not cover those classes of employees who, because of the nature or seniority of their role, have not traditionally been covered by awards including managerial employees and professional employees such as accountants and finance, marketing, legal, human resources, public relations and information technology specialists.
The consequence of these changes is that the Miscellaneous Award may now apply to:
Employers with employees who have traditionally been considered to be ‘award free’ should assess whether the Miscellaneous Award might now apply and, if so, whether a review of their terms and conditions of employment is now warranted to ensure compliance with the Award, which contains provisions on overtime, penalty rates, meal breaks and consultation, for example.
The classifications in the Miscellaneous Award are set out below:
Level 1: An employee who has been employed for a period of less than three months and is not carrying out the duties of a level 3 or level 4 employee.
Level 2: an employee who has been employed for more than three months and is not carrying out the duties of a level 3 or level 4 employee.
Level 3: an employee who has a trade qualification or equivalent and is carrying out duties requiring such qualifications.
Level 4: an employee who has advanced trade qualifications and is carrying out duties requiring such qualifications or is a sub-professional employee.
Publication
Mergers or acquisitions that meet certain turnover thresholds will shortly be required to be notified to the ACCC.
Publication
March 2025 was a busy month in the financial services space with the release of the draft bill on the second tranche of the ‘Delivering Better Financial Outcomes’ reform concerning advice provided through superannuation and client advice records.
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