A term of a fair work instrument or a contract of employment has no effect to the extent that the term would be inconsistent with subsection 333B(1) or (2) (about employee rights relating to pay secrecy).
333D
An employer contravenes this section if:
(a) the employer enters into a contract of employment or other written agreement with an employee; and
(b) the contract or agreement includes a term that is inconsistent with subsection 333B(1) or (2) (about employee rights relating to pay secrecy).
The term in the contract that says you may not disclose payment information “has no effect”. The only thing about December 2022 that’s relevant is that the employer hasn’t contravened the law by having a contract older than that with such a term in it; the term still has no effect (i.e., it would be illegal to enforce).
Yeah that text seems very misleading based on my reading of the legislation (PDF link).
The term in the contract that says you may not disclose payment information “has no effect”. The only thing about December 2022 that’s relevant is that the employer hasn’t contravened the law by having a contract older than that with such a term in it; the term still has no effect (i.e., it would be illegal to enforce).