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.
“These laws create a level playing field so genuine fans can buy tickets to concerts and sporting events without being slapped with hugely inflated re-sale prices.”
Ticket resellers and scalpers have come into sharp relief in the Hunter in recent weeks after A-League grand final tickets became hot commodities.
The full article by Matt Carr can be found on the Newcastle Herald.