Small businesses to be protected from unfair terms in contracts
The Competition and Consumer Act and the Australian Securities and Investment Commission Act have been amended to extend the protections that consumers had against unfair contracts to small businesses. What contracts do these amendments apply to? They apply to most standard form contracts for the supply of goods or services or the grant of an […]
Read MoreSamsung: an example of why a business needs an effective Compliance Program to manage its risks.
Washing machine fires and recall Samsung had a problem with several of their washing machines; they caught on fire! They issued a recall in 2013, however, 2 years later, many of the effected washing machines are still in the community and pose a dangerous fire and safety hazard. Samsung issued further recall notice in June […]
Read MoreDodging the Regulator’s bullet
3 unwanted letters I recently wrote about 3 unwanted types of letter a business could receive. To recap, these are letters from: -a Regulator, for example the ACCC, a State Fair Trading Office, the TGA or Workcover alleging that you or your company has broken the law that the relevant regulator enforces; – the lawyer acting […]
Read MoreWhat do you do when you get “The Letter”?
Four types of letters There are 3 important letters that your business cannot ignore if it receives one. Each one is serious and has enormous consequences for the business. Each one is avoidable and only one is welcome. There is a fourth letter that you won’t receive, but also has huge consequences. The 3 letters […]
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