15 November 2022

Improving transparency of the franchise sector

The Australian Government is supporting Australians that are considering entering into a franchise agreement by making franchise information available through the Franchise Disclosure Register (Register).

From today, the Register provides free access to a directory of franchised systems available in Australia.

The Register is available to the public and anyone can search, view and compare important information about franchises, such as establishment and ongoing costs, and contract terms.

The Minister for Small Business, the Hon Julie Collins MP says the Register also supports franchisors, by providing a portal that allows them to demonstrate their commitment to transparency to potential franchisees.

‘The Register is another tool to help prospective franchise buyers undertake their due diligence, along with seeking professional advice and conducting detailed research’, she said.

The Government is committed to an effective regulatory framework for the franchising sector to help address current information gaps and support due diligence activities for those considering entering into a franchise.

After 12 months, the Government will consider the ongoing effectiveness of the Register including through a statutory review.

Further information about the Register can be accessed via www.business.gov.au/franchising.