Breaking: The parliamentary inquiry into the $170 billion franchising sector has called for a total overhaul of Australia’s franchising system in a damning report | carawaters adele_ferguson
The parliamentary inquiry into the $170 billion franchising sector has called for a total overhaul of Australia’s franchising system in a damning report released on Thursday.
The report draws parallels between the franchising sector and the behaviour uncovered in the Financial Services Royal Commission."The extent of poor corporate governance in some areas of franchising is comparable to that in the financial services sector," it said. "There are deeply rooted cultural problems that will not be resolved by a franchisor replacing a few senior executives.
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