SBDC working with ACCC to tackle unfair contracts

New ‘unfair contract’ laws coming into effect in November 2016, will provide protection for small business in their contracts with larger businesses. The law applies to contracts of less than $300,000 or $1 million if the contract is for more than 12 months.

From November, the Australian Competition and Consumer Commission (ACCC) will be keen to investigate contracts where a small business has been placed at a distinct disadvantage by a larger business. This will include contracts that allow the large business to change terms and conditions without allowing the small business to cancel the contract.

If you are a small business currently in dispute with another business, with government or with a landlord/tenant for a commercial property, and need assistance to resolve your issue, please contact us.