This is the Business Council of Australia (BCA) submission in response to the Treasury Consultation Paper Guaranteeing a minimum return of class action proceeds to class members (Consultation Paper).

Class actions play an important role in providing individuals with access to justice in response to corporate wrongdoing and can make the legal system more efficient when used appropriately.

However, some practices in class action litigation are contrary to the goal of ensuring that such actions expand access to justice for a wider range of people, rather than providing opportunities for those that run and fund the proceedings to earn disproportionate profits.

Read the full submission here.