Page 7 - Franchising Code News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Friday, June 4, 2021 On 1 June 2021, the Australian Government released amendments to the Franchising Code of Conduct and a number of these have already begun to apply. A summary of when various key changes take effect is set out below.  From 2 June 2021: amendments have taken effect regarding dispute resolution which apply to all disputes notified on or after 2 June 2021 (even if the agreement was entered into before that date). The changes mean there are additional dispute resolution options available (such as voluntary arbitration, conciliation, and multi-party alternative disp...

Date Time Collective bargaining by small business facilitated by class exemption From today, small businesses, franchisees and fuel retailers can use the ACCC’s class exemption for collective bargaining. This class exemption, which is the first made by the ACCC, will allow collective negotiation without first having to seek ACCC approval. The class exemption applies to businesses and independent contractors who form, or are members of, a bargaining group, and who each had turnover of less than $10 million in the financial year before the bargaining group was formed. This covers more than 98...

Reforms designed to protect franchisees from unfair conduct in the $154 billion franchising industry will come into effect next month.

- shares Australians may still be in shock over the sudden axing of the Holden brand – and the closure of more than 200 Holden dealerships – but overhauls to franchise laws announced today will make it harder for multinational car companies to close local showrooms and service centres. The changes – which come into force from 1 July 2021 – mean new-car buyers can shop with certainty knowing their local car showroom and service centre can only be shut down in special circumstances. Further, car giants face financial penalties that can amount to millions of dollars if they break dea...

One of the country’s biggest gym and health club group’s has become embroiled in a fight with franchisees amid allegations of unconscionable conduct.