Staff shortages are the greatest threat to franchisees right now, according to new survey
Staff shortages, supply chain issues, rising interest rates and inflationary pressures are some of the biggest issues facing Australian franchises today according to a recent survey.
Franchise code breaches could now result in $10 million fines
Businesses that are found to have breached the franchising code now face potential fines of up to $10 million, as part of continued efforts to stamp out bad behaviour in the sector.
Brendan O’Connor: Why Labor wants $10 million penalties for dodgy franchisors
Today Labor's Brendan O'Connor and Deborah O’Neill will introduce a Private Senator’s Bill to further reform the franchising sector, increasing penalties for franchisors that do the wrong thing.
Morrison government disregards calls for a franchising overhaul, opting for minor changes to regulations instead
The Morrison government has balked at calls for an overhaul of franchising, and will instead pursue minor changes to existing regulations.
ASIC ‘concludes’ Retail Food Group investigation but no enforcement action taken
Retail Food Group's share price soared on Tuesday after it told investors ASIC had concluded an investigation and would not pursue enforcement action.
“Moving deck chairs on the Titanic”: Legal headaches as franchising reforms flounder
A prospective overhaul of the franchising sector risks becoming ineffective if concerns about dispute resolution are not addressed, experts warn.
The Franchising Code of Conduct might be under review, but don’t hold your breath
The government has appointed a taskforce to review the Franchising Code of Conduct. So let's take a closer look at how it's faring.
‘Unprecedented misconduct’: Domino’s faces class action over alleged underpayments
Domino's has been served with a class action lawsuit alleging it underpaid thousands of workers over more than five years.
Supplier rip-offs: ACCC red tape cuts could save businesses thousands
It will be easier for small businesses to band together against rip-off deals under a proposal floated by the ACCC this week.
Mortgage brokers rejoice as coalition backflips on trail commission ban
Mortgage brokers say they are encouraged by a coalition backflip on trail commissions and are urging Labor to follow suit.
Decision pending: Mental health concern as mortgage brokers face uncertain future
NAB has set up a mental health hotline for stressed brokers, but not everyone is a fan, with one broker rubbishing the move.
Morrison pledges support for mortgage brokers in face of “industry-destroying changes”
Mortgage brokers have turned to political advocacy in an attempt to pressure politicians to temper their view on royal commission recommendations.
