On 24 June, ASIC released the Consultation Paper 384: Employee Redundancy Funds (Consultation Paper) which considers the ongoing operation of an exemption for employee redundancy funds, also known as Woker Entitlement Funds (WEFs) from a range of obligations under the Corporations Act 2001 (Cth) (Corporations Act).
Master Builders Australia takes this opportunity to respond to the Consultation Paper.