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What do Australian small business ministers do? “Typically, nothing.” The FCA’s Stephen Giles chimes in to support his long history of ministerial collaboration.
The franchising code of conduct has not prevented ongoing abuse suffered by franchisees, for lack of adequate enforcement and penalties for franchisor non-compliance. Retail tenancies continue to be a fertile domain of unconscionable practices. And unconscionability and fraud amongst credit and finance service providers has reached epidemic proportions. The corporate sector's asymmetric power over small business has now been structurally entrenched – legally, procedurally and culturally. Dr Evan Jones
The FCA responds in comments at the end of the article.
Here is a link to Dr Jones' submission to the Federal Franchising Inquiry September 2008. No doubt he, like the rest of Australia, now see that Inquiry as a waste of time and taxpayer money..