[no bill text published] Higher maximum penalties for competition and consumer law breaches
Treasury Laws Amendment (Doubling Penalties for ACCC Enforcement) Bill 2026
1st House
2nd House
Law
Links to official parliament websites
Effects of this bill
If this bill passes, it means that:
Maximum fines for many competition and consumer law breaches jump from $50 million to $100 million.
One specific penalty increases from $71 million to $121 million.
These higher fines apply to offences committed after the law starts.
The law removes the application of section 4AB of the Crimes Act 1914 to section 151BX of the Competition and Consumer Act.