It seems these days that every week there is a new story about a property that sold at auction for close to double its reserved price, which has put the spotlight on the practice of ‘underquoting’ in the real estate industry.
Capped Price Servicing and Australian Consumer Law:
Recent action taken by the ACCC against car company Kia Motors has again highlighted the need for companies to ensure their marketing material is accurate and clear to consumers to avoid breaching Australian consumer laws.
In the Aftermath of the Carbon Tax - Passing on Price Savings:
The carbon tax in Australia is no more with the Federal Government passing the Clean Energy Legislation (Carbon Tax Repeal) Bill 2014. While the central purpose of this legislation was to remove the tax, it also introduced new powers to the Australian Competition and Consumer Commission (“ACCC”), which many business owners are not aware of.
Did You Actually Shop Here? Fake Business Reviews:
Advertising your small business online is definitely the way to go these days, with potential to reach a large audience with a much smaller outlay than traditional media. With this in mind we thought we’d highlight a recent move by the Australian Competition and Consumer Commission (“ACCC”) as a word of warning to business owners.