Suppliers in the fertiliser industry have agreed to amend their contracts following an ACCC investigation into unfair contract terms. "We initiated an investigation after receiving complaints that fertiliser suppliers were using contracts in a way that could disadvantage farmers," ACCC Deputy Chair Mick Keogh said. The ACCC obtained copies of standard form fertiliser supply agreements and identified potentially unfair contract terms in those agreements. A term in a standard form contract may be unfair where it creates a significant imbalance in the parties' rights and obligations under the contract, is not reasonably necessary to protect a party's legitimate business interests or is likely to cause financial or other harm to the other party if enforced.

https://www.miragenews.com/accc-probe-leads-fertiliser-suppliers-to-revise-1068746/

#miragenews