“It’s just not fair”: Andrew Leigh targets Booking.com and Expedia contracts as Treasury considers legislative crackdown
A new Treasury consultation seeks feedback on 'price parity' clauses offered by online travel agencies, which can force small accommodation businesses to offer their cheapest possible price on major platforms.
ATO to enforce transparency on multinationals bidding for government work
New tax-transparency requirements that will commence from July 1, 2023, will force public companies in Australia to disclose where their subsidiaries are based.
“Enormous boost”: ACCC hails the outlawing of unfair contract terms, claiming major victory for small businesses
Australia's competition watchdog has welcomed new legislation outlawing unfair contract terms, a long-awaited move advocates and lawmakers say is vital to stop large companies from exploiting the small businesses which supply them with goods and services.
Andrew Leigh: By ensuring multinationals pay their fair share of tax, we can invest in Australia’s future
Bad faith business practices are why the Australian government is taking action to stop large multinational corporations from hiding behind false structures to unfairly reduce their tax bill.
John Durie: Competition Minister raids the archives for market reform inspiration
Competition Minister Andrew Leigh will today use the 30th anniversary of the landmark Hilmer reforms to make his case for comprehensive competition reform in Australia.
Labor introduces legislation to ban unfair contracts for SMEs, heap $50 million penalties on anti-competitive businesses
Penalties of $50 million for companies found to have engaged in anti-competitive behaviour could soon be a reality, as the federal government tables legislation that could drastically increase the risks of breaching competition and consumer law.
John Durie: Andrew Leigh calls for competition law changes to revitalise flailing economy
A sharp division has emerged between the ACCC and Competition Minster Andrew Leigh over the need for action to improve the performance of the Australian economy.
John Durie: Government to outlaw unfair contracts this year, as ACCC grapples with how to tackle merger laws
In a boon to small business, new rules outlawing unfair contract terms should be introduced into federal Parliament this year, according to Assistant Minister for Treasury Andrew Leigh.
John Durie: Labor to introduce super complaints function to fast-track small business grievances to the ACCC
Assistant Treasurer for Competition Andrew Leigh told SmartCompany a new complaints avenue for small business representatives would provide better channels to the ACCC from “trusted representative bodies”.
John Durie: Can the ACCC’s new chair fix Australia’s competition policy vacuum?
Outgoing ACCC chair Rod Sims' competition policy recommendations are similar to reforms tabled in the US, but the views of his successor are not yet known.
IPA backs ATO decision not to claw back $50 million in JobKeeper payments made in error
A leading accounting group has backed the ATO’s decision not to pursue $50 million in JobKeeper payments from SMEs that made genuine errors.
Auditor-General launches probe into ATO’s handling of JobKeeper
The Auditor-General is investigating the ATO’s administration of JobKeeper, after criticism from Labor about the scheme's lack of oversight.
