Progress

Current status
in force
10 Nov 2023 in force
10 Nov 2022 in force
27 Oct 2022 adopted
28 Sep 2022 under deliberation
25 Aug 2022 processing consultation
18 Aug 2022 in consultation

Scope

Implementers
Australia
Policy Area
Competition
Policy Instrument
Unilateral conduct regulation
Regulated Economic Activity
cross-cutting
Government Branch
legislature
executive
Government Body
parliament
central government
Implementation Level
national

Timeline of events

10 Nov 2023
in force

Implemented Treasury Laws Amendment (More Competition, Better Prices) Bill 2022 prohibiting the use of unfair contract terms

On 10 November 2022, the provisions outlined in the Treasury Laws Amendment (More Competition, Better Prices) Bill 2022, prohibiting the use of unfair contract terms, entered into force after receiving the Royal Assent on 9 November 2022. The Bill m…

Source
Event type law
Action type implementation
Government branch legislature
Government body parliament
10 Nov 2022
in force

Implemented Treasury Laws Amendment (More Competition, Better Prices) Bill 2022 increasing fines for anticompetitive conduct

On 10 November 2022, the provisions outlined in the Treasury Laws Amendment (More Competition, Better Prices) Bill 2022, increasing the fines for anticompetitive conduct, entered into force after receiving the Royal Assent on 9 November 2022. The Bi…

Source
Event type law
Action type implementation
Government branch legislature
Government body parliament
27 Oct 2022
adopted

Adopted Treasury Laws Amendment (More Competition, Better Prices) Bill 2022

On 27 October 2022, the Treasury Laws Amendment (More Competition, Better Prices) Bill 2022, amending the Competition and Consumer Act 2010 and the Securities and Investments Commission Act 2001 (SICA) to address anti-competitive behaviour, was adop…

Source
Event type law
Action type adoption
Government branch legislature
Government body parliament
28 Sep 2022
under deliberation

Introduced Treasury Laws Amendment (More Competition, Better Prices) Bill 2022

On 28 September 2022, the Treasury Laws Amendment (More Competition, Better Prices) Bill 2022, amending the Competition and Consumer Act 2010 and the Securities and Investments Commission Act 2001 (SICA) to address anti-competitive behaviour, was in…

Source
Event type law
Action type introduction
Government branch legislature
Government body parliament
25 Aug 2022
processing consultation

Closed consultation on Exposure Draft increasing penalties for anti-competitive conduct

On 25 August 2022, the Australian Treasury closed the consultation on an Exposure Draft increasing the penalties for economic actors that engage in anti-competitive conduct. The proposed amendments would change Part IV of the Competition and Consume…

Source
Event type law
Action type consultation closed
Government branch executive
Government body central government
18 Aug 2022
in consultation

Opened consultation on Exposure Draft increasing penalties for anti-competitive conduct

On 18 August 2022, the Australian Treasury opened a consultation on an Exposure Draft increasing the penalties for economic actors that engage in anti-competitive conduct. The proposed amendments would change Part IV of the Competition and Consumer …

Source
Event type law
Action type consultation opened
Government branch executive
Government body central government

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