Three business and consumer representative groups will have access to Australia’s new and turbo-charged competition complaints system, according to a Treasury draft outlining the long-awaited scheme.
The Albanese government’s Fair Go for Consumers and Small Business Bill passed through Parliament on Tuesday, granting small business stakeholders new designated complaint powers through the Australian Competition and Consumer Commission (ACCC).
The designated complaints scheme is designed to fast-track and prioritise complaints related to significant and wide-spread competition issues, including those that effect small business.
The Treasury on Wednesday unveiled a draft blueprint for the scheme, inviting small business and consumer advocates to have their say before the scheme goes live in July this year.
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