Higher penalties for unfair trading practices and new subscription contract obligations
Competition and Consumer Amendment (Unfair Trading Practices) Bill 2026
1st House
2nd House
Law
Links to official parliament websites
Effects of this bill
If this bill passes, it means that:
Listed corporations face fines of 600 penalty units for unfair trading practices.
Suppliers of subscription contracts must give subscribers specific information while the contract is active.
Suppliers must provide a way for subscribers to end a subscription contract.
Suppliers are exempt from these rules if the consumer is carrying on a business.
People using specific legal exemptions in court must prove those exemptions apply.
The Commonwealth Minister must table a review report in Parliament within 15 sitting days of receiving it.