From www.aicd.com.au: Recent Federal Court decisions clarify whistleblower protections under the Corporations Act, emphasising the need for disclosures to meet specific eligibility criteria to qualify for protection.
Key rulings highlight that only formal disclosures may be protected, and businesses must carefully manage and document their processes regarding whistleblowing to mitigate legal risks.
Proposed legislative reforms aim to establish an independent Whistleblower Protection Authority to support and guide whistleblowers, warranting close monitoring by organizations.