The new Unfair Contract Terms regime (introduced by the Treasury Laws Amendment (More Competition, Better Prices) Act 2022 (Amending Act), which amends the Competition and Consumer Act 2010 (Cth) [...]
The new unfair contract terms regime commences on 9 November 2023, which prohibits unfair contract terms in contracts and introduces significant pecuniary penalties. This article explores the new [...]
From 5 April 2022, a director must apply for a DIN prior to their appointment as a director. A DIN must be applied for personally by each director or alternate director of a company that is a [...]
Part 2 of Schedule 12 to the Coronavirus Economic Response Package Omnibus Act 2020 (Cth) temporarily amends the Corporations Act 2001 (Cth) and the Corporations Regulations 2001 (Cth) in order [...]
The Federal Court held that the terms in three Ashley & Martin standard form contracts with consumers were unfair within the meaning of section 24 of the Australia Consumer Law, and therefore [...]
LG Electronics Australia Pty Ltd has been penalised $160,000 for breaching sections 18 and 29(1)(m) of the Australian Consumer Law for making false representations to two consumers regarding [...]
On 13 February 2019 the Federal Court has ordered Cryosite Limited to pay penalties of $1.05 million for agreeing to refer customers, and actually referring customers, to a competitor before a [...]
This article sets out the prohibition on insolvent trading by company directors in section 588G of the Corporations Act 2001 (Cth), reviews the safe harbour defence, and provides a summary of the [...]
