Submission on exposure draft legislation: Treasury Laws Amendment (Measures for Consultation) Bill 2021: Litigation funders

12 October 2021

This is the submission of the Business Council of Australia in response to the exposure draft Treasury Laws Amendment (Measures for Consultation) Bill 2021: Litigation funders, released by the Treasury on 30 September 2021 (the Bill).

The Bill is strongly supported by the BCA. The current system of class actions and litigation funding is failing class members. It allows for funders and lawyers to maximise their own profits at the expense of class members.

Read the full submission. 

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