New Whistleblower Laws: Are You Prepared?

The federal government has recently introduced broader protection for whistleblowers who report misconduct in the corporate, tax and financial sectors. All public companies and large proprietary companies should now be updating their Whistleblower Policy and providing training for employees in relation to the new regime. Status of the Bill On 19 February 2019, the federal government passed the Treasury Laws Amendment (Enhancing Whistleblower Protections) Bill 2018 (the Bill). The reforms are expected to come into effect (pending Royal Assent) by 1 July 2019. Overview of the Changes The major aims of the Bill include: Extending the corporate whistleblower protection regime by making changes

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