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The Minister for Small Business and Assistant Treasurer, the Hon Kelly O'Dwyer, has today introduced a mandatory standard under the Australian Consumer Law to ensure the safety of self-balancing scooters (previously called ‘hoverboards’).
A national campaign has been launched by consumer regulators around Australia to warn potential property investors about property spruikers who claim to be ‘wealth creators’ but are really just in it for themselves.
The ACCC urges consumers that own hoverboards to contact their retailer or supplier to check the safety of the product.
Dick Smith Holdings Ltd was a large electrical goods retailer, that operated approximately 390 stores under four brands, Dick Smith, Electronics powered by Dick Smith, Move and Move by Dick Smith. Ferrier Hodgson acting as the receiver advised the stock exchange on 25 February 2016 that the company is to be liquidated.
The ACCC has identified two safety concerns with hoverboards: fires that have occurred from the faulty design of some hoverboard chargers and user injuries through falls.