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Australia's unfair-trading practices bans to be extended to small businesses

( March 14, 2025, 07:08 GMT | Official Statement) -- MLex Summary: Australian small businesses will be brought under the provisions of laws on unfair-trading practices, if changes put forward by the government today are adopted. In a joint statement, Competition Minister Andrew Leigh said the proposed changes would see the safeguards against power imbalances in business dealings and prohibitions on dealings that cause substantial harm extended to small businesses. Leigh said the Treasury Department would consult on the design of protections for businesses under the Australian Consumer Law, including on whether a principles-based prohibition should apply and whether specific unfair-trading practices should be targeted to protect small businesses. The center-left Australian Labor Party government is set to call an election before May.  The full statement from Competition Minister Andrew Leigh follows: ...

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