A powerful parliamentary inquiry found RFG's 'high risk' business model relied on buying new brands, stripping out costs, 'exploitative fee gouging' of franchisees and slashing services.
At the same time, the committee said it was possible RFG acted within the bounds of the Franchising Code of Conduct and other relevant law, which was a "highly troubling proposition".
The committee said the refusal to supply the data was either due to board and management incompetence or because the data substantiated the allegations.
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