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ARTICLE · 04 JULY 2021

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Changes to consumer guarantee thresholds and disclosure requirements – is your business ready?

Holding Redlich
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These ACL changes increase the consumer price ceiling from $40,000 to $100,000, so employers should ensure compliance.

AustraliaConsumer Protection
Nathan Cecil
Nathan Cecil
Melanie Long
Melanie Long
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You may recall that back in July 2020 we wrote an article on upcoming changes to the meaning of a "consumer" under the Australian Consumer Law (ACL) and how to prepare your business for this change before the deadline. Well, we are here to remind you that that deadline, being 1 July 2021, has arrived.

The purpose of this article is to provide a recap of this change to the ACL, namely the increase to the consumer price ceiling from $40,000 to $100,000, what this means for businesses and how to ensure your business is compliant (if it isn't already).

Meaning of consumer under the ACL and the consumer guarantees

Under the ACL, a person is generally taken to have acquired goods or services as a "consumer" if:

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This publication does not deal with every important topic or change in law and is not intended to be relied upon as a substitute for legal or other advice that may be relevant to the reader's specific circumstances. If you have found this publication of interest and would like to know more or wish to obtain legal advice relevant to your circumstances please contact one of the named individuals listed.

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