Unfair contract terms protections have applied to most small business contracts since November 2016. From 5 April 2021, these protections will be extended to include insurance contracts which small businesses enter into or renew, and terms in exis...

Unfair contract terms protections will apply to consumer and small business insurance contracts entered into or renewed from 5 April 2021, and to terms in existing contracts that are varied from 5 April 2021. ASIC has conducted a targeted review o...