Submission to the Parliamentary Joint Committee on litigation funding and the regulation of class actions

This is the Business Council’s submission to the Parliamentary Joint Committee on Corporations and Financial Services on litigation funding and the regulation of the class action industry.

The Committee has been asked to report on whether the present level of regulation applying to Australia’s growing class action industry is impacting fair and equitable outcomes for plaintiffs. This submission mainly comments on items 8 and 9 under the Parliamentary inquiry’s terms of reference.

Read the full submission here.