The Wilier Izoard XP road cycling bicycle also has been recalled because the front fork steerer tube could break and cause a crash.
Reduced wall thickness on the front fork steerer tube may result in the steerer tube breaking during use, the Australian Competition and Consumer Commission said.
The bikes were sold in bike shops across Australia from 1 January 2012 to 1 December 2012.
The supplier was De Grandi Cycle & Sport P/L.
Riders should cease using the bicycle immediately and take it to the place of purchase to have the fork inspected. If the fork was part of the affected batches, it would be replaced free of charge, the ACCC said.
The affected front forks had identifying alpha-numeric serial numbers — LH0000 to LH4000 inclusive.
The ACCC recall notice issued on 23 January 2013 is at: http://www.recalls.gov.au/content/index.phtml/itemId/1045064