The Australian Competition and Consumer Commission has released its six-monthly Small Business In Focus, providing an update on key developments in the small business, franchising, and agriculture sectors. The report is available on the ACCC website.
In the second half of 2016 the ACCC received over 7000 complaints and enquiries from small businesses. Over 60 per cent of these contacts came from micro-businesses with less than four employees.
The report also covers other key developments over the last six months:
- Unfair contract terms laws now apply to standard form small business contracts;
- The federal government has introduced legislation into Parliament to amend the misuse of market power provisions in the Competition and Consumer Act;
- Reported small business scam losses fell by over $200,000 compared to the previous six months;
- Recent updates to small business and tertiary online education programs, which have helped over 64,000 users to date;
- Draft findings of the market study into the new car retailing industry will be released mid-year. Businesses will have an opportunity to make a submission on the draft findings when it becomes available; and
- The ACCC has taken its first court action under the new Franchising Code
More information on business rights and obligations can be found here.