Franchisors Must Review Franchise Agreements and Other Documents   The new unfair contract terms regime passed through parliament last week.   The new regime: 1.         Introduces penalties relating to unfair contract terms; and   2.         Increases the maximum penalties for breaches of some of the provisions of the Competition and Consumer Act including the Australian Consumer Law. &nbsp...

Changes have been made to the Franchise Disclosure Register Portal. The changes came into effect on 30 September 2022. The only mandatory information relates to registration Business Details. All other information on the portal is voluntary for now. It would appear the legislature did not have the regulatory power to mandate the provision of further information. Whilst action is being taken to remedy this position, it is not expected to be in place until Mid November 2022. Franchisors a...