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The small business function, including policy responsibility for the Franchising Code of Conduct, transferred to the Department of Industry, Science, Energy and Resources as a result of the Administrative Arrangements Order made on 5 December 2019 with effect from 1 February 2020.
The inter-agency Franchising Taskforce is examining the feasibility and implementation of recommendations in the Parliamentary Joint Committee on Corporations and Financial Services' Fairness in Franchising report, which examined the Franchising Code of Conduct.
The Taskforce engaged with a wide range of stakeholders across the franchising sector through meetings and written feedback in response to a Regulation Impact Statement (RIS) and an issues paper. Stakeholder views, experiences and information will inform the Taskforce’s advice to government.
The Taskforce consulted on a RIS from 11 November to 6 December 2019. The RIS sought feedback on possible problems and options for government action in the franchising sector.
The Taskforce previously consulted on an Issues Paper from 23 August to 20 September 2019. The Issues Paper invited feedback to the Taskforce on the PJC’s Fairness in Franchising report recommendations. To assist stakeholders with providing feedback, the Taskforce grouped the PJC’s recommendations under seven policy principles that emerged from its reading of the PJC’s report.
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The Franchising Taskforce has concluded stakeholder consultation. The evidence gathered by the Taskforce will inform its advice to government.
Stakeholders can continue to contact the department with franchising related information at SmallBusinessFranchising@industry.gov.au.