Franchisees will have access to more information from franchisors under new changes to the Franchising Code of Conduct, which come into effect on 1 July 2010.
The amendments mean franchisors are now required to disclose more of the information that franchisees need to make decisions about their businesses.
In addition to these amendments, the Australian Competition and Consumer Commission (ACCC) has been given new powers to conduct random audits of franchisors.
For more information on the Franchising Code of Conduct and the amendments, visit the ACCC website.
