News

Have your say on unfair contract terms

- December 5, 2018 < 1 MIN READ

In November 2016, changes were made under Australian Consumer Law to protect small business owners from unfair contract terms. Yet despite the Business to Business Unfair Contract Terms being in place, several corporations have been taken to federal court by the ACCC for providing unfair contracts. So how effective have they been? Now the Treasury… Read more »

Finance

Remove unfair contract terms or face ASIC says ombudsman

- September 10, 2018 < 1 MIN READ

In a survey carried out by the Australian Small Business and Family Enterprise Ombudsman (ASBFEO) earlier this year, only 50 per cent of the fintech companies surveyed considered their contracts compliant with existing Unfair Contract Term (UCT) legislation. The finding prompted Small Business and Family Enterprise Ombudsman Kate Carnell to call for all fintechs to… Read more »