House debates Questions without Notice

Small Business

Thursday, 15 October 2015 House of Representatives

Kelly O'Dwyer

Kelly O'Dwyer Higgins, Liberal Party, Minister for Small Business

2:42 pm

The protections will apply to standard form contracts where one party employs fewer than 20 people and where the up-front contract price is less than $300,000 or $1 million in the case of contracts that extend beyond a 12-month period. Unfair contract terms could be those terms that unfairly restrict a small business's right to terminate the contract or indeed those that allow one party to change the terms of that contract without the other party's consent. This will be very, very significant for the majority of small businesses that will fall within these thresholds. We are giving the ACCC significant dollars—

Mr Husic interjecting—

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