Presto Furniture (Australia) Pty Ltd – Terms and Conditions of Trade
ABN/ACN: 164 335 157
Trading as: Presto Furniture (“Presto”)
Effective: 1st October 2025
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General
1.1 These Terms and Conditions (“Terms”) govern all sales, supplies, and services provided by Presto Furniture (Australia) Pty Ltd, unless varied in writing and signed by a Director of Presto.
1.2 By placing an order, the client (“Client”) agrees to be bound by these Terms.
1.3 To the extent of any inconsistency, these Terms take precedence over any terms contained in the Client’s documents (including purchase orders or quotations).
1.4 Nothing in these Terms excludes, restricts, or modifies any rights or remedies the Client may have under the Competition and Consumer Act 2010 (Cth), the Australian Consumer Law (ACL), or other applicable legislation, to the extent that such rights or remedies cannot be lawfully excluded.
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Warranty
2.1 Presto products carry a manufacturer’s warranty of not less than 12 months, up to 10 years, depending on the product. Warranty details are stated on each product’s specification page.
2.2 Presto’s products are designed for commercial use and must be installed by suitably qualified installers in accordance with Presto’s installation guides.
2.3 The warranty does not cover damage resulting from incorrect installation, misuse, modification, neglect, or fair wear and tear.
2.4 To the extent permitted by law, Presto’s aggregate liability for any claim (whether in contract, tort, or otherwise) shall not exceed the price paid for the goods or services.
2.5 This warranty is in addition to any rights the Client may have under the Australian Consumer Law, which cannot be excluded.
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Copyright & Intellectual Property
3.1 All intellectual property, including product images, descriptions, and design materials, remain the property of Presto.
3.2 Approved stockists may use Presto’s images and materials solely for marketing Presto products, in accordance with Presto’s brand guidelines.
3.3 Unauthorised use, reproduction, or alteration of any Presto intellectual property is prohibited.
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Colours & Finishes
4.1 Actual product colours and finishes may vary due to manufacturing processes or digital display differences.
4.2 Product samples are available upon request for colour verification.
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Ordering & Minimum Quantities
5.1 All orders must be submitted in writing. Verbal orders will not be accepted.
5.2 To maintain an active trade account, Clients must place a minimum reorder of $1,000 (ex GST) every three months.
5.3 A $20 order fee applies to wholesale orders under $150 (ex GST).
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Prices
6.1 All prices are in Australian Dollars (AUD) and exclusive of GST.
6.2 Prices are subject to change without notice unless already invoiced.
6.3 Written quotations are valid for 30 days unless otherwise stated.
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Payment Terms
7.1 Clients without an approved trade account must pay in full prior to dispatch.
7.2 Trade accounts may be granted to established clients who spend at least $5,000+ annually, subject to a completed and approved credit application.
7.3 For approved trade accounts, payment terms are 30 days net from invoice date.
7.4 Accepted payment methods include bank deposit and PayPal.
7.5 Presto reserves the right to suspend or cancel orders for accounts in default.
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Returns & Cancellations
8.1 Presto is not obligated to accept returns unless required by law or agreed in writing.
8.2 Returns will not be accepted if:
- (a) Products were made, modified, or imported specifically for the Client;
- (b) Products are non-standard or customised;
- (c) Cartons or packaging are damaged;
- (d) Goods have been used, installed, or altered.
8.3 Stock items cancelled prior to dispatch incur a 10% restocking fee.
Stock items returned after dispatch incur a 20% restocking fee and must be returned within 14 days of delivery at the Client’s expense.
8.4 Claims for shortages or damaged goods must be made in writing within 5 business days of delivery.
8.5 Goods will not be accepted for return without prior written authorisation from Presto.
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Overdue Accounts & Collection
9.1 Presto reserves the right to withhold, suspend, or cancel orders where accounts are overdue.
9.2 Overdue balances accrue interest at 13% per annum, calculated daily until payment is received.
9.3 The Client agrees to indemnify Presto for all costs (including collection agency fees, legal fees, and commissions) incurred in recovering outstanding debts.
9.4 Presto may report defaulting accounts to registered credit reporting agencies in accordance with the Privacy Act 1988 (Cth).
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Liability
10.1 The Client remains liable for all goods charged to their account until full payment is received.
10.2 Presto shall not be liable for indirect, consequential, or economic loss arising out of any breach of these Terms, to the extent permitted by law.
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Deliveries
11.1 Delivery is available to Clients’ business addresses within Australia. Freight fees apply as stated in the Presto Pricelist.
11.2 Presto does not deliver directly to building sites or third-party addresses unless agreed in writing.
11.3 Delivery times are estimates only. Presto is not liable for delay, loss, or damage arising from late or non-delivery.
11.4 Orders may be collected from 97 Indian Drive, Keysborough VIC 3173 by prior arrangement.
- Storage & Inventory
12.1 Goods held beyond the confirmed delivery date may incur storage fees of $100 (ex GST) per pallet per month.
12.2 Presto reserves the right to cancel uncollected orders after 4 weeks, applying a 10% cancellation fee.
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Risk & Title
13.1 Risk passes to the Client upon delivery or collection, whichever occurs first.
13.2 Title remains with Presto until full payment is received.
13.3 Until title passes, Presto may enter the Client’s premises to recover goods without prior notice, as permitted by law.
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Retention of Title & PPSA
14.1 The Client acknowledges that these Terms create a Security Interest under the Personal Property Securities Act 2009 (Cth) (“PPSA”).
14.2 Presto may register its Security Interest as a Purchase Money Security Interest (PMSI) on the PPS Register.
14.3 The Client agrees to:
- (a) sign documents and provide information required for PPSA registration;
- (b) promptly notify Presto of any change to its details affecting the Security Interest.
14.4 To the extent permitted by law, the Client waives the right to receive notices under the PPSA (including verification statements).
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Governing Law
15.1 These Terms are governed by the laws of Victoria, Australia, and the parties submit to the exclusive jurisdiction of Victorian courts.
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Acceptance of Terms
Placing an order with Presto constitutes acceptance of these Terms.
Presto may amend these Terms at any time, and updated Terms will take effect immediately upon publication on the Presto