Summary
Amends the: Trade Practices Act 1974 to implement a national consumer law regime (the Australian Consumer Law) which will: address unfair contract terms; and include penalties, enforcement powers and consumer redress options; Australian Securities and Investments Commission Act 2001 to include corresponding provisions applicable to financial services; and Administrative Decisions (Judicial Review) Act 1977, Telecommunications (Interception and Access) Act 1979, and Trade Practices Act 1974 to make consequential amendments.