I'm old enough to remember when Australia brought our consumer laws up to speed. The most obvious change was a healthy improvement in the quality of consumer goods. Prices barely rose as "the market" did what it's supposed to do (for a change!) and leveled the increase through competition.
In Oz manufacturer warranties have no legal power what-so-ever. Consumer Affairs decides what is a reasonable period the goods should last (e.g. five years for most electronics, longer for the more expensive items as the higher price implies higher quality) and you have the choice of replacement or refund. This applies to product recalls as well.
Consumers provide the money that powers commerce, and should have full assurance when they buy a product it is of good quality and value. Let me ask you all - why should you have to stuff around because you were sold a lemon? How many of you have the money to sue a large manufacturer for faulty goods? Not a problem if you have proper consumer laws!
In Oz manufacturer warranties have no legal power what-so-ever. Consumer Affairs decides what is a reasonable period the goods should last (e.g. five years for most electronics, longer for the more expensive items as the higher price implies higher quality) and you have the choice of replacement or refund. This applies to product recalls as well.
Consumers provide the money that powers commerce, and should have full assurance when they buy a product it is of good quality and value. Let me ask you all - why should you have to stuff around because you were sold a lemon? How many of you have the money to sue a large manufacturer for faulty goods? Not a problem if you have proper consumer laws!