It seems that Fair Trading/Consumer Affairs Ministers across the country have put aside their political differences to reach agreement on recommended changes to the Australian Consumer Law (ACL).
The Budget gives the ACCC new funds for new jobs, hikes ACL penalties for and introduces measures for more competitive and fairer energy and banking sectors
Last month the Compliance and Enforcement Guide to Australian Consumer Law was released, covering how State and Commonwealth regulators enforce the ACL
Between 31 May 2012 and 26 March 2013, an Australian husband and wife (Mr and Ms Vinson), through their self-managed superannuation funds, invested $1,250,000 and $1,625,000 respectively in a company that never earned any operating revenue.