The Commonwealth Government Competition and Consumer Act 2010 superseded the Trade Practices Act 1974 and introduced revised obligations for suppliers and also revised competition law. The object of the Act is to ‘enhance the welfare of Australians through the promotion of competition and fair trading and provision for consumer protection’. See also Quality, Acceptable.
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Discover the world’s largest Glossary of Procurement terms
With over 800 Procurement specific terms (and growing) you will find everything you need to know or thought you knew about the Procurement function. Our aim is to provide you with a comprehensive list collated from the Comprara Groups hub of training and procurement consulting source materials.The Procurement Glossary has been compiled by industry expert Paul Rogers.