Small Business Win on Unfair Contracts, Research Paper Example

New Laws Could Take on Underquoting

Australian law has become increasingly complicated over the course of time. What this means for may corporations as well as individuals is that they must be more wary of the kind of actions that they undergo each and every day in order to ensure a secure future. To start off, the regulation of marketing has played an influential role in the kind of actions that can be carried out effectively throughout Australia.

In the article “New Laws Could Take On Underquoting”, the situation of underquoting is expressed. Although underquoting has proven to be a problem in the past, the article elaborates on the fact that New South Wales may no longer have to deal with such a problem in the future because of the new regulations that have been brought about. These laws and regulations have made it clear for agents on how to avoid underquoting. Underquoting relates to marketing because of the fact that poor marketing choices makes underquoting a reality. This is said because of the fact by which underquoting is the result of an agent wrongly approximating the selling of a certain property at a certain point in time. The manner in which these conflicts will be avoided in the approximate future incorporate Australian Privacy Principle 7 (direct marketing), which simply deals with the manner in which certain information is disclosed. If and when the Privacy Act is completely incorporated into the manner in which marketing is controlled in Australia, then it is without a doubt that underquoting will cease to be a problem, as explained by the article.

Small Business Win on Unfair Contracts

Because of the fact that small business should be prioritized in Australia, they have won the case against big business in unfair contracts. As explained by Phillip Coorey, a writer for Financial Review, the federal government has taken upon itself to “ramp up its pitch to small business on Friday by making good on an election promise to extend legal protections from unfair contracts to a million small operators.” (Coorey, Phillip) What this means for small businesses is that they will now be put at an advantage in order for them to preserve in the near future. Despite the fact that this will invariably make franchises and other big businesses unhappy, not everyone can be a winner here.

The fact that Australian law is being further developed so that unjust contracts are put to a stop is a great thing to hear, especially for small businesses. The reason as to why small businesses are upheld to the highest-esteem is because they are the ones who are able to bring about big change in Australia. With small businesses being able to negotiate the kind of contracts that they will be receiving, it is without a doubt that Australian law with change its trajectory in terms of trying to satisfy small business owners rather than big business owners. When put in prospective, this drastic decisions might cause an uproar at worst, but in the long run, it should prove to be effective. This will be because there may now even be an increase in the amount of small businesses that exist in Australia, including New South Wales. As a result, Australia could now have booming business all over the country. In addition, it might now be able to uphold itself to higher expectations than before. What this should mean to individuals is that Australia is headed in the right direction because it is making the most it can to ensure that sustainability is a reality for future generations.

NAB’s dream-destroying ‘Death Star’ that is Clydesdale Bank

The article “NAB’s dream-destroying ‘Death Star’ that is Clydesdale Bank” is particularly interesting because of the manner in which it sheds light on the way Australia’s loan policy currently plays out. The article talks about Jim McGrory, a man whose whole assets have been taken from because he was not able to pay out a loan in a certain amount of time. The bank he used, Clydesdale Bank, is portrayed as one that was at the time setting its primary focus on “signing up new customers and getting more out of existing ones.” What this means is that the bank would take the necessary measures in order to ensure that its profits and market share went through the roof. The question that should immediately be asked should be the following: At what cost?

As a result of what has happened with Clydesdale Bank, the Treasury Committee is attempting to fix its latest mistake. The article speaks volume on the manner in which the Treasury Committee is putting in its best efforts at providing redress to those individuals who have been affected by the actions of Clydesdale Bank and any other bank. The article addresses the fact that despite the fact that some individuals may not have paid up the full loan within the given amount of time, there is no justification in taking everything that a man owns and has owned throughout all of his lifetime simply because of the fact that he was not able to make a certain payment within the given amount of time.

It is without a doubt that the Treasury Committee has a lot of work to do in order to ensure that this kind of situation does not happen again, for it speaks very badly of the way in which money and it’s lack thereof is handled in Australia.

Why Halal Certification is in Turmoil

Product certification is imperative in order for a certain organization to show that a certain product has passed all kinds of tests that ensure that consumption or using of certain product will not affect the consumer in a negative way. In the article “Why halal certification is in turmoil”, it is shown that halal (permissible for Muslims to eat or use) has been shown to be a religious tax and should therefore not be included in the lives of everyday individuals. The problem that has arisen from this is that there are numerous individuals claiming that there exist ties between halal and terrorists. While some argue that it is a negative thing that individuals must be paying for halal certification, others argue that it is inherently a good thing that there are many people who are more than willing to pay for halal product certification.

What so many people are finding a problem with is the lack of information that is being provided to them in regards to where their money is going. As explained by the article, many Australians are currently being ripped off by the halal cartels because of the lack of information that is not being provided to the general public. Legally speaking, this clearly breaks a large amount of laws. In order to permanently fix this problem, companies must be more than willing to inform customers of the kind of purchases that they are making as well as provide those same consumers with the costs the kind of product certification that is being made. Despite the fact that this is not an easy matter to deal with, it must be understood that all consumers have the right to be cognizant of the actuality of the kind of purchases that they are making before they actually make those certain purchases. If and when consumers are denied these rights, then it is clearly understood as to why there are so many unsatisfied individuals.

Uber’s ‘screw you’ strategy in Australia relies on regulators too timid to enforce the law

Occupational licensing is vital within a certain line of work because at times, it may put individual’s lives at risk. If, for example, a doctor did not have his or her occupational license, then it would be close to impossible for an individual to be able to tell if that certain doctor is a legitimate one. In “Uber’s ‘screw you’ strategy in Australia relies on regulators too timid to enforce the law”, the legal issue that is brought forth is that Uber’s workers do not have the occupational licensing required to provide the same services as a taxi. Although this is a fair argument, most of the argument is unsurprisingly made by taxi drivers and all of that corporation. This is because of the fact that Uber has enraged the taxi business everywhere because Uber has been able to bypass the majority of the laws that exist behind ridesharing.       

Despite the fact that the article puts in its best efforts to try to make the issue appear like a  legal problem, in actuality, the situation at hand is one that deals with the fact that with Uber, the taxi business will no longer be booming. Because of this, the taxi business has attempted to question the legality of the Uber business in Australia in hopes of that being enough to bring the business down. The fact of the matter is that Uber will most probably not decline over time because of how popular the business has become. Moreover, it is important to make note of the fact that more individuals now prefer to use their smartphones to call up a means of transportation as opposed to having to lookup a taxi’s number just to get from one side a neighborhood to another. Sure, Uber might not have occupational licensing in Australia, but that does not mean that a booming business should be destroyed because of a single factor.

Works Cited

Coorey, Phillip. “Small Business Win on Unfair Contracts | Afr.com.” Financial Review. Financial Review, 20 Mar. 2015. Web. 25 May 2015. <http://www.afr.com/news/politics/small-business-win-on-unfair-contracts-20150319-1m36s6>.

Ferguson, Adele. “NAB’s Dream-destroying ‘Death Star’ That is Clydesdale Bank.” The Sydney Morning Herald. Fairfax Media, 21 Mar. 2015. Web. 25 May 2015. <http://www.smh.com.au/business/banking-and-finance/nabs-dreamdestroying-death-star-that-is-clydesdale-bank-20150321-1m1wud.html>.

Johnston, Chris. “Why Halal Certification is in Turmoil.” The Sydney Morning Herald. Fairfax Media, 28 Dec. 2014. Web. 25 May 2015. <http://www.smh.com.au/national/why-halal-certification-is-in-turmoil-20141227-12cmd3.html>.

McCarroll, Phil. “New Laws Could Take on Underquoting.” Your Investment Property. Audited Media Association of Australia, 22 May 2015. Web. 25 May 2015. <http://www.yourinvestmentpropertymag.com.au/news/new-laws-could-take-on-underquoting-200628.aspx>.

“Privacy Fact Sheet 17: Australian Privacy Principles| Office of the Australian Information Commissioner – OAIC.” Home – OAIC. Australian Government, n.d. Web. 25 May 2015.

“Product Certification or Product Safety – Consumers: HSC Legal Studies – Research Guides at State Library of New South Wales.” Home – Research Guides at State Library of New South Wales. N.p., n.d. Web. 25 May 2015.