From sladen.com.au: The new Franchising Code of Conduct will take effect on April 1, 2025, introducing significant changes that include requiring franchise agreements to provide a reasonable opportunity for franchisees to earn a return on their investment and mandating compensation for franchisees upon early termination of agreements under specific conditions.
The revised Code aims to address power imbalances and enhance compliance, giving the Australian Small Business and Family Enterprise Ombudsman the authority to publicly name non-compliant franchisors, while increasing penalties for breaches.