ARTICLE · 02 APRIL 2008

Government Pushes Ahead With Component Pricing Amendments To TPA

Minter Ellison

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On 30 March 2008, the Federal Government announced that it will proceed with amendments to the Trade Practices Act 1974 (TPA) relating to component pricing and has released the Trade Practices Amendment (Component Pricing and Other Measures) Bill 2008 (draft Bill) for public comment.

AustraliaConsumer Protection

On 30 March 2008, the Federal Government announced that it will proceed with amendments to the Trade Practices Act 1974 (TPA) relating to component pricing and has released the Trade Practices Amendment (Component Pricing and Other Measures) Bill 2008 (draft Bill) for public comment.

Legislative history

In 2006, the (then) Federal Government announced that it would amend the TPA to respond to the increased use of component pricing in a number of industries (including the automotive and airline industries). While an exposure draft was released in March 2006, no legislative changes were ultimately enacted.

The new Federal Government's Assistant Treasurer and Minister for Competition Policy and Consumer Affairs, Chris Bowen MP, recently announced that the Government will proceed with amendments to the TPA to prohibit component pricing. According to the Explanatory Memorandum for the draft

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