One in two small businesses relying on new protections against unfair contract terms

By James Harkness · 14 November 2017 · Locked

One in two small businesses relying on new protections against unfair contract terms

Full details: One in two small businesses relying on new protections against unfair contract terms

See the complete version on Dynamic Business for the full story and insights.

Read the full article →

Summary

A survey of 1280 SME operators has found that nearly half (49.6%) had relied on unfair contract terms legislation, implemented last year, to negotiate fairer terms with big businesses during the past six months. Conducted by East & Partners, the SME Transaction Banking survey also showed that nearly four in five respondents (78.2%) were aware […]

Tags: Accc, ASBFEO, Asic, Competition and Consumer Act 2010, East & Partners, Kate Carnell, Michael McCormack, Ombudsman