Major Fair Trading Act changes in force today – Commission issues guidance

Contributors:
Joe Edwards, Troy Pilkington, Bradley Aburn, Brigette Shone
Published on:

Footnotes

  • The FTA provides for fines of up to $200,000 per offence per individual, and up to $600,000 per body corporate for breaches of the UCT and unconscionable conduct provisions.

  • These include using deceptive means to obtain entry to consumer homes for sales purposes, franchise relationships where the franchisor uses their superior position and intimidation to leverage unfair benefits from the franchisee, and enticing consumers into student loan contracts that they did not understand and were unlikely to be able to afford.

Subscribe to Insights

Subscribe