🇦🇺Australia

ACCC Consumer Guarantee Dispute Fines

1 verified sources

Definition

Consumer rights to refunds for faulty services amplify chargeback volumes; manual processes heighten penalty risk.

Key Findings

  • Financial Impact: AUD 10,000+ statutory penalties per serious breach; plus refund losses[10]
  • Frequency: Per escalated consumer complaint
  • Root Cause: Slow manual refund processing escalates to chargebacks/ACCC actions

Why This Matters

The Pitch: Australian mobile software businesses risk AUD 10,000+ ACCC fines yearly from mishandled refunds. Automated management ensures ACL compliance and cuts churn.

Affected Stakeholders

Compliance Officer, Legal Counsel

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Financial Impact

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Current Workarounds

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Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

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