Treasury Laws Amendment (More Competition, Better Prices) Bill 2022
Amends the: Competition and Consumer Act 2010 to increase the maximum penalty applicable for anti-competitive behaviour and certain breaches of competition consumer law; and Competition and Consumer Act 2010 and Australian Securities and Investments Commission Act 2001 to: establish a civil penalty regime prohibiting the use of, and reliance on, unfair contract terms in standard form contracts; and expand the class of contracts that are covered by the unfair contract terms.aph.gov.au/Parliamentary_Business/Bills_Legislation/Bills_Search_Results/Result?bId=r6923
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