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.