Unfair Contract Terms in small business standard form contracts

Here is a short video presentation explaining the current laws in relation to Unfair Contract Term (UCT) in small business standard form contracts under the Australian Consumer Law 2010 and the proposed amendments which are likely to come into force early next year.

I have sought to summarise both the existing laws and the most significant proposed amendments in about 20 minutes.
 
Businesses need to understand the proposed amendments to these UCT laws as soon as possible as the laws are very likely to get through Parliament. This is because the proposed amendments have been signed off by both the Commonwealth Government and by each of the States and Territories through their Ministers for Consumer Affairs.