Reforms to the Australian Unfair Contract Terms Regime and consumer law penalties passed by Parliament
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We recently published an article summarising the proposed changes to the Australian Unfair Contract Terms regime and maximum penalties for breaches of Australia's Competition and Consumer Act 2010 (Cth) (CCA).
On 27 October 2022, the Australian Parliament passed the Treasury Laws Amendment (More Competition, Better Prices) Bill 2022 (Cth) (the Bill) without amendment.
The Bill received Royal Assent on 9 November 2022.
What happens next?
Competition and consumer law
The proposed increase in…
