Fair Work Amendment (Protecting Penalty and Overtime Rates) Bill 2025

Senator WATT (Queensland—Minister for the Environment and Water) (17:48): Again, this is not a bill about the structure of IFAs. I am simply making the point. I accept what you've said—that there have been reservations expressed about IFAs.

Perhaps people might like to choose other mechanisms, such as enterprise bargaining agreements. God forbid—maybe they'll even make an agreement with a union, as well as individual workers. It's simply an example.

The other point that should be made is that after this bill is passed it will remain possible for exemption rates to be included in awards. The point is that the awards will not allow for penalty rates to be cut.