Julie Collins is the federal minister for small business. (AAP Image/Mick Tsikas)
Australia’s franchising rules will face a new independent review, giving small businesses a chance to share how recent regulatory changes are shaping the $170 billion sector.
Minister for Small Business Julie Collins on Tuesday announced a comprehensive review of the Franchising Code of Conduct, the mandatory regulations covering both small business operators and the major companies that offer their branding and back-end support.
The independent process will be helmed by Dr Michael Schaper, former deputy chair of the Australian Competition and Consumer Commission (ACCC) and small business expert.
The review “is an opportunity to evaluate the effectiveness of the current regulations, and the government is very pleased to have Dr Schaper leading this important work,” Collins said.
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