Clifford Gouldson Lawyers

The truth will set you free (from massive fines)!

Print Version

25/09/2018

Dramatic increases to the maximum penalties for breaches of the Australian Consumer Law (ACL) will put an even higher premium on the truth.

  • Penalties for Australian Consumer Law breaches are rising considerably.
  • The previous maximum penalty for a breach by a company was $1.1 million. The maximum penalty is now; $10 million, 3 times the benefit the company received from the breach, or 10% of the company's annual turnover if the court cannot calculate the benefit.
  • The maximum penalty for a breach by an individual is also increasing from $220,000 to $500,000.
  • These figures are per contravention and can be awarded following proof of behavior that infringes the ACL, including:
    • Unconscionable conduct;
    • False representations; or
    • Misleading advertising.

If you’d like guidance, advice or support regarding these changes, please contact our Head of Litigation & Dispute Resolution, Harrison Humphries, or his team of dedicated litigation practitioners.

Phone 07 4688 2188   www.cglaw.com.au

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