The Australian Consumer Law (ACL) is a national law covering consumer protection and fair trading.
The ACL is:
- administered by the ACCC and each State and Territory’s consumer law agency.
- enforced by all Australian (including state and territory) courts and tribunals.
The Australian Securities and Investments Commission (ASIC) regulates consumer protection in relation to financial products and services.
Australian Consumer Law review
Consumer affair regulators have released a final report that identifies 19 possible reforms to the Australian Consumer Law to improve consumer well being.