The Albanese Government will adjust the foreign investment framework to help boost Australia’s housing stock and provide more homes for Australians. Higher fees for the purchase of established homes, increased penalties for those that leave properties vacant, and strengthened compliance activity will help ensure foreign investment in residential property is in our national interest.| ministers.treasury.gov.au
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The Albanese Labor Government will strengthen the enforcement of the Franchising Code of Conduct and extend protections from Unfair Contract Terms and Unfair Trading Practices to all businesses regulated under the Code, including automotive dealerships.| ministers.treasury.gov.au
The Albanese Government will extend a crackdown on Unfair Trading Practices to small businesses after last year’s commitment to protect consumers. We heard during consultation on protecting consumers from Unfair Trading Practices that it is important to also extend protections to small businesses, who face power imbalances when dealing with larger businesses.| ministers.treasury.gov.au