The passing of the South Australian Small Business Commissioner Bill has caused a tantrum over at the Franchise Council of Australia while franchisees cheer the final recognition that franchising has been brutally abused by too many franchisors.
Australian television program, A Current Affair, has listed some big international franchise brands obviously not being put off by franchisees and state and federal politicians calling for effective franchise legislation.
There has been a constant call for years for the Australian federal government to intervene in small business; particularly in franchising. The banks have tightened lending criteria, franchise sales are down and franchisors are squealing.
Fair Go Legislation.org emphasizes the benefits to franchising of West and South Australian State franchising legislation while counteracting the incessant half truths, questionable conclusions and distractions coming from the Franchise Council of Australia.
From what I’ve read and haven’t read about Jack Cowin he is an impressive businessman, franchisor and franchisee. The Hungry Jack’s brand is recognized throughout Australia and with a very healthy 15% increase over prior year his 2009/10 revenue topped the $1B mark.
As the South Australian franchising law looms on the near horizon the FCA continue to shake the fear tree. Professor Frank Zumbo has called upon the Minister to change federal law. And that is all he has to do …. change it.