Accounting & Tax Audit Finance Financial Planning Self Managed Super

Fixed-term employment contracts limited to 2 years

From 6 December 2023, employers can no longer employ an employee on a fixed-term contract that:

  • is for 2 or more years (including extensions)
  • may be extended more than once, or
  • is a new contract:
    • that is for the same or a substantially similar role as previous contracts
    • with substantial continuity of the employment relationship between the end of the previous contract and the new contract, and either
    • the total period of the contracts is 2 or more years,
      • the new contract can be renewed or extended, or
      • a previous contract was extended. The changes were introduced as part of the Pay secrecy, job ads and flexible work amendments. See the Fair Work Ombudsman’s website for more details.

Latest

News

SMSF year end reminder — what to check before 30 June

The end of the financial year is fast approaching. For SMSF members and trustees, a few timely chec ... read more

Government to wind back electric vehicle FBT exemption in three stages

The Government has announced a staged wind-back of the current Fringe Benefits Tax (FBT) exemption ... read more

Ending card surcharges: What you need to know before 1 October 2026

The Reserve Bank of Australia (RBA) has confirmed that all surcharges on credit and debit card paym ... read more