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NSW ticket scalping laws come into effect with maximum $22,000 penalties

NSW ticket scalping laws come into effect with maximum $22,000 penalties

TICKET scalping laws aimed at stamping out inflated re-sale prices have come into effect on Friday. 

Minister for Better Regulation Matt Kean said the reforms would make it illegal to re-sell a ticket for more than 10 per cent above the original price. 

An individual faces a maximum penalty of $11,000 for selling over that threshold, while organisations can be hit with up to $22,000 in fines.

“We know ticket scalping is a huge problem in NSW, and I’m sick of consumers being taken for a ride by shameless shonks looking to make a quick buck,” Mr Kean said.

Ticket resale site Viagogo tops NSW Fair Trading complaint register for second month

Ticket resale site Viagogo tops NSW Fair Trading complaint register for second month

"Find the perfect ticket," the Viagogo site boasts.

But consumers are finding the ticket resale website far from perfect, as it topped NSW Fair Trading's complaint register for a second month.

Last month there were 36 new complaints about Viagogo, according to the register that lists businesses that are the subject of 10 or more complaints in a month.

In August, there were 59 complaints about the website, the highest number received about any trader in a single month since the register began almost a year ago, NSW Better Regulation Minister Matt Kean said.

Tough new 'consumers first' laws pass parliament

TOUGH NEW ‘CONSUMERS FIRST’ LAWS PASS PARLIAMENT

Tough new laws that put consumers first by giving them a fairer deal on gift cards and stamping out dodgy ticket scalpers have passed the NSW Parliament today.

Minister for Better Regulation Matt Kean said the amendments to the Fair Trading Act 1987 would crack down on price gouging in the sports and live entertainment industries.

“These Australian-first laws will stop the ‘bots’ by outlawing security manipulation software that allows ticket scalpers to sweep up tickets in mass quantities,” Mr Kean said.

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