The Federal Budget delivered on 25 October 2022 included an announcement that the Government will increase the base amount of the Commonwealth penalty unit from $222 to $275, from 1 January 2023. The increase will apply to offences committed after the relevant legislative amendment comes into force.
UPDATE: the Crimes Amendment (Penalty Unit) Bill 2022 was introduced into the House of Representatives on 9 November 2022.
UPDATE: the Bill was passed by both houses of Parliament on 28 November 2022.
UPDATE: the Bill received Royal Assent on 12 December 2022.
The amount will also be increased in accordance with the CPI increase on 1 July 2023 and then every 3 years.
If you found this article helpful, then subscribe to our news emails to keep up to date and look at our video courses for in-depth training. Use the search box at the top right of this page or the categories list on the right hand side of this page to check for other articles on the same or related matters.
Author: David Jacobson
Principal, Bright Corporate Law
Email:
About David Jacobson
The information contained in this article is not legal advice. It is not to be relied upon as a full statement of the law. You should seek professional advice for your specific needs and circumstances before acting or relying on any of the content.
