Recommendations for addressing phoenix activities, Business Law and Ethics

Assignment Help:

Recommendations for addressing phoenix activities

Over the past two decades there have been a significant range of proposals for addressing phoenix activity. Most of these options have focused on legislative change and reform.

In the late 1990s Minister Reith, then Minister for Employment, Workplace Relations and Small Business, proposed the introduction of a national insurance scheme to protect employee entitlements.

It was argued that the scheme could be funded by a levy on business, with the levy amount dependent on the businesses wages costs. Companies would be excluded if they provided evidence that they were protecting employee entitlements.

An insurance scheme again received attention in 2004 when the Stockdale Report recommended that "the Government explore the various measures proposed for safeguarding employee entitlements such as insurance schemes or trust funds, giving particular attention to the costs and benefits involved in the schemes".

However, the Stockdale Report also warned "the proposals for the establishment of insurance schemes or trust funds are a major departure from the current system and would require thorough examination and extensive consultation before even a preliminary model could be produced".


Related Discussions:- Recommendations for addressing phoenix activities

Legal rights - winding up, Legal rights - Winding up: In substance the...

Legal rights - Winding up: In substance these two people are really partners" and by analogy with the law of partnership (which permits dissolution if the partners are really

Explain the term recognition, Explain the term RECOGNITION RECOGNITION...

Explain the term RECOGNITION RECOGNITION The term Recognition under international law means and involves the acceptance or acknowledgment of the existence by a State of an

Undischarged bankrupts, Undischarged Bankrupts: S.188 provides that if...

Undischarged Bankrupts: S.188 provides that if an undischarged bankrupt acts as director of any company without leave of the court he shall be liable to imprisonment for a ter

Requisites in form - negotiable instruments, Requisites in Form - Negotiabl...

Requisites in Form - Negotiable Instruments  To satisfy to the statutory definition the document alleged such to be a bill of exchange must be: like  (a) Unconditional. Example

The acts of non-state actor, The acts of non-state actor More important...

The acts of non-state actor More importantly, the concept of non-state actor needs be discussed by the concept of state responsibility, that is to say how and to what extent a

State article 2 of international law, State article 2 of International law ...

State article 2 of International law Article 2 states that there is no right of a State under international law to diplomatic relations; these exist by mutual consent. However

Spill over effects of monetary policy, Spill over Effects of Monetary Polic...

Spill over Effects of Monetary Policy There are three broad ways in which aggregate demand policies in one country can spillover to affect another country. These are the real i

Who can apply for registration with sehda, QUESTION a) How is the term ...

QUESTION a) How is the term "investor" defined in the Investment Promotion Act? b) In what ways can the Board of Investment (BOI) assist in business facilitation and Public-Pr

Regulations regarding experiments on animals, REGULATIONS REGARDING EXPERIM...

REGULATIONS REGARDING EXPERIMENTS ON ANIMALS : You may be aware that experiments on animals are performed in the laboratories of educational and research institutions. You should k

Elements of a contract - offer, Elements of a Contract - Offer Further...

Elements of a Contract - Offer Further this is an unequivocal manifestation through one party of its intention to contract into another. So well it is a clear intimation for i

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd