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The banks tried to stop fairness: Good-bye banks

Thursday, November 26, 2015

The Australian banks tried hard to stop unfair contract laws for small business people and they nearly succeeded. Fortunately, the banks failed. Now the laws have been proclaimed and come into effect on 12 November 2016.

Here’s the new Act. Here’s what makes a contract clause unfair.
Here’s ACCC information. The Australian Consumer and Competition Commission (ACCC) is now checking contractsMore...



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