Summary
The applicants have lodged three collective bargaining notifications on behalf of a group of Wizard (Wizard Home Loans Pty Limited) franchisees. In the first instance the group proposes to collectively negotiate with Aussie (Aussie Centre Administration Pty Ltd & AHL Investments Pty Limited) the terms of an Amended Franchise Agreement. In the event a franchisee is unwilling to enter into an Amended Franchise Agreement, the group proposes to negotiate with GE (GE Money Mortgages Pty Ltd, the sole shareholder of Wizard) the terms on which existing Wizard franchise agreements will be terminated.
The ACCC issued an Assesment 23 March 2009 allowing the notifications to stand