Have your say: review of Australian contract law
On 22 March 2012, Attorney-General Nicola Roxon released a discussion paper to explore the scope for reforming Australian contract law.
First 5000 members are invited to particpate in the consulation which closes COB Friday 20 July 2012.
The paper considers whether Australian contact law could be reformed to:
- enhance accessibility, certainty and simplicity
- set standards of conduct
- better support innovation and participation in the digital economy
- better meet of the evolving needs of businesses particularly small and medium businesses
- make the law more elastic to promote long-term relationships, and
- harmonise and internationalise contract law.
The Department is seeking views about the problems that businesses and individuals experience when contracting, and whether reforms could address these issues. Comments may address any of the questions which appear throughout the paper, or any other matters relevant to contract law.
Further information and downsloads of the discussion paper are available here.
Helen Hull is the editor of First 5000, the leading network for mid-sized businesses in Australia.