Penalties Under Commonwealth Laws Increase From 1 January 2023

February 2023
Region: Asia Pacific

Committing some offences has become more expensive following an increase to the Commonwealth penalty in Australia. As of 1 January 2023, the base amount of the Commonwealth penalty unit increased from AU$222 to AU$275 and will apply to offences committed after the amending legislation came into force.

In this article, we set out some of the common penalties that businesses operating in Australia ought to be aware of, which should serve as a useful reminder to businesses and individuals involved in decision making to ensure that their practices are compliant with the laws that govern their operations.