ACCC and ASIC to host small business webinar

‘The new business-to-business unfair contract terms law – what you need to know and do now’ will be held on Wednesday, March 16, 2016 at 7pm (AEDST).

The webinar will provide a general overview of the new business-to-business unfair contract terms protections and, if your business offers standard form contracts to other businesses, what you need to do before the law takes effect.

It will also explain:

  • Which contracts and terms are covered by the new law.
  • The types of terms that may be unfair.
  • How to determine if a contract term may be unfair.
  • What you can do if you receive a contract that you think includes an unfair term.

The Australian Competition and Consumer Commission this week released its latest biannual ‘Small business in focus’ report. The 11th in the series, the report highlights some of the ACCC’s key work in the small business and franchising sectors between July 1 and December 31, 2015. It also contains the latest small business and franchising complaints data.

ACCC Deputy Chair Dr Michael Schaper says the ACCC received almost 5,000 complaints from small businesses over the past six months. Concerns about misleading conduct remain the biggest issue for small businesses.

“Conduct resulting in substantial small business detriment has been a priority for the ACCC and we want to make it clear that this type of conduct is unacceptable,” he said.

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