Ombudsman, ACCC push for financial penalties for unfair contracts

SmartCompany, September 3, 2018

Australian Small Business Ombudsman Kate Carnell has backed calls for a furthered strengthening of unfair contract protections for businesses, amid concern that SMEs continue to be ripped off by unfair contracts.

The small business and competition watchdogs are preparing to lobby government for the changes, which include the addition of financial penalties, having expressed concern that the current rules aren’t doing enough to deter larger businesses from including potentially unfair terms in their business contracts. READ MORE: