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The Treasurer has recently announced that the threshold amounts for any foreign purchaser transaction made on or after 10:30pm Sunday, 29 March 2020 will be $0.
We recently brought to your attention the unprecedented interim changes to the Hospitality Industry (General) Award 2010 and warned that more would likely follow, as Australian businesses struggle to maintain employment levels and survive the COVID-19 crisis.
In his submissions to the Fair Work Commission (FWC), Christian Porter, Minister for Industrial Relations, noted that as at February 2020 approximately 14.3% of all employees (around 1.56 million people) were employed in positions governed, or supported, by the Clerks Private Sector Award 2010 (Award). This makes it unsurprising that this Award would be next in line for the FWC to consider the insertion of urgent interim measures.