Today, the AADA lodged its submission to the Franchising Sector Reforms Regulation Impact Statement.
Our submission has urged the Government to strongly consider a structural overhaul of Australia’s franchising regulatory framework. We have also outlined our preferred options to those put forward in the Regulatory Impact Statement and have asked for a formal linkage between capital expenditure and tenure. The submission also expressed the need to re-think the dispute resolution model, and the penalties that can be applied for breaches of the Code.
Stronger protections for franchisees are an ongoing priority for the AADA and it is expected that these reforms will work together with the Automotive Industry-specific protections under consideration by the Government.