The Australian Government has released the Exposure Draft legislation and Explanatory Materials for an anticipated suite of reforms to unfair contract terms (UCT) laws found in the Australian Consumer Law (ACL) and Australian Securities and Investments Commission Act 2001 (ASIC Act). Treasury is now considering feedback on the exposure draft with a view to the…

Australian Competition and Consumer Commission (ACCC) Chair, Rod Sims, has announced the ACCC’s 2021 compliance and enforcement policy and priorities. The focus of the ACCC’s 2021 priorities is reflective of its: continuation of its unfinished “to do” list in a COVID-19 interrupted 2020 enduring/ongoing priorities, such as the prosecution of cartel conduct (with two to…