When a few bad apples upset the cart: overhaul expected for Australian Franchising Laws

The Parliamentary Joint Committee on Corporations and Financial Services (Committee) recently handed down its 396 page report that examined the operation and effectiveness of the Franchising Code of Conduct in Australia. The bipartisan report was highly critical of the practices of a number of players in the $170 billion franchising sector which, in 2016, was estimated to have contributed approximately 9% of Australia’s GDP. The report will have significant ramifications for franchisors and franchisees alike as it proposes substantial changes to the Franchising Code of Conduct as well as to the responsibilities and enforcement powers of the regulators, including ACCC and ASIC. Although the

Modern Slavery - Review Your Supply Chain Now

How ethical is your business’s supply chain? In theory, slavery has been abolished, but in reality it remains a major global issue. Modern slavery is a term which generally refers to exploitation of individuals for labour under threat of violence, coercion or deception. Over 40 million people worldwide are subject to some form of modern slavery, including 24.9 million people in the Asia-Pacific region. In Australia, approximately 15,000 people are victims of exploitative practices that fall within the definition of ‘modern slavery’, including human trafficking, servitude, forced labour, forced marriage and child labour. But modern slavery also feeds into the supply chains of Australian busin

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