This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

New Australian laws will ban 'unfair' contract terms imposed on small businesses, consumers

( July 26, 2022, 01:01 GMT | Official Statement) -- MLex Summary: Unfair contract terms faced by small businesses and consumers will be banned by the incoming Australian government, which today announced new laws targeting unfair terms in standard-form contracts. In a statement from Australian junior ministers Andrew Leigh and Julie Collins, the center-left government said the new legislation, if adopted by parliament, would introduce civil penalty provisions for unfair contract terms to prevent small businesses being “pushed around by big clients.” The proposed legislation tackling the bargaining imbalance between big companies and small businesses was one of the Australian Labor Party’s campaign commitments, ahead of the country’s May 21 federal election.The joint press release from Andrew Leigh, assistant minister for competition, charities and treasury, and Julie Collins, minister for housing, homelessness and small business, follows:. ...

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Related Sections