The Labour Hire Authority (LHA) of Victoria has released updated guidance for the security industry for the 2024-25 financial year. This guidance helps security businesses understand the minimum contract prices required to meet legal obligations, thereby ensuring compliance. It also highlights risks in complex supply chains where multiple subcontractors are involved, increasing the potential for non-compliance.
LHA’s updated guidance aims to protect workers from exploitation by ensuring transparency and integrity within the security sector. Principal contractors may face licence conditions to address non-compliance risks in their supply chains. Failure to comply can lead to warnings, licence suspensions, or cancellations, affecting business operations.
The LHA is actively working with hosts, contractors, and providers to promote transparency and compliance. The authority will take stringent actions against those unwilling to meet their obligations. Additionally, LHA will host a Security Industry Forum later in 2024 to discuss industry challenges and solutions further.
Key Points of the Updated Guidance:
- Compliance Monitoring: Emphasis on contract pricing as a benchmark for legal compliance.
- Supply Chain Risks: Addressing non-compliance in multi-tier supply chains.
- Protecting Workers: Focus on preventing worker exploitation through stringent measures.
- Industry Collaboration: Ongoing efforts with industry stakeholders to ensure transparency.
For more details on the updated guidance, you can read the full announcement on the Labour Hire Authority’s website.
