Key Documents
In September 2022, the Commonwealth, state and territory consumer ministers agreed that the Commonwealth would lead a public consultation on options to address unfair trading practices on behalf of all jurisdictions.
The Consultation Regulation Impact Statement (Consultation RIS) seeks further evidence on the nature of unfair trading practices in Australia and the extent of consumer and small business harm arising from potential gaps in the Australian Consumer Law. Treasury is also seeking stakeholder feedback on policy options to address unfair trading practices in Australia.
Unfair trading practices are particular types of commercial conduct which are not prohibited by existing provisions of Australia’s consumer laws, but which can nevertheless distort competition and result in significant consumer and small business harm.