The government will move to address a key flaw in Australia's whistleblower protection framework in landmark changes unveiled by Minister for Revenue and Financial Services Kelly O'Dwyer that will take Australia close to world's best practice.

In recent years, the Commonwealth significantly strengthened protection for public service whistleblowers in a process led by Labor's Mark Dreyfus, but protection for private sector whistleblowers have been poor and fragmented, as a 2014 international survey showed. Now O'Dwyer has released for comment a new set of protections for corporate whistleblowers that represents a huge improvement on existing protections. The Treasury Laws Amendment (Whistleblowers) Bill 2017 will, if enacted in its current form, will