How LG avoided consumer guarantees, and didn't break the law. Under Australian Consumer Law and irrespective of any manufacturer warranty, consumers are entitled to a repair, replacement or refund if goods or services are considered faulty and it is "reasonable" that the products should still be in a functioning quality considering their typical lifespan. Say you have a one-year manufacturer's warranty on a TV, for instance, the Australian Consumer Law (ACL) still applies after that lapses, and it is still likely you would be entitled to a repair, replacement or refund if: 1) you ask for your case to be looked at under Australian Consumer Law; 2) it is deemed to be a manufacturing fault that caused the television to malfunction, and; 3) the length of time for which it is "reasonable" for the product to be used remains in place.

https://www.smh.com.au/technology/how-lg-avoided-consumer-guarantees-and-didn-t-break-the-law-20180629-p4zofw.html