AFN:
Peak retail industry body the Australian Retailers Association (ARA) has hit out at the Federal Parliament’s announcement to have another Inquiry into the Franchising Code of Conduct and demands it ‘be the last’.
The inquiry, which began on June 25, is to determine whether or not improvements to the Code are required.
ARA Executive Director and former CEO of the Franchise Council of Australia, Richard Evans, is bemused by the Parliamentary Corporations and Financial Services Committee’s decision to hold an inquiry only months after passing new legislation after the extensive Matthews Inquiry.
“How many inquiries will it take for uninformed politicians to realise Australia is a world leader when it comes to franchising regulation and practice?” He queried. “Since the introduction of the Franchising Code of Conduct we have been in constant review and perhaps it’s time the sector gained respect from legislators more attuned to a bad story as opposed to the many successes Australian franchising brings.”
Logo from ARA.
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