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The Latest Breaking News from ACCC

Oil exec handed largest ever fine over contract rigging

A court has fined an oil company $5 million and its chairman $1 million for cartel conduct in a case brought by the competition watchdog.

AAP

Is your ‘sustainable’ super funding fossil fuels or weapons? How to check the fine print

Many Australians don’t realise their superannuation savings – worth A$4.5 trillion and growing – may be invested in fossil fuel companies, gambling, or even weapons manufacturers.

The Conversation

PhotobookShop Cops ACCC’s First Ever Fine Over Misleading Influencer Product Reviews

“Influencers can be a powerful marketing tool, and the Australian Consumer Law applies as much to the digital world as it does to bricks and mortar retailers.”

Pedestrian.tv

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Victorian business fined for telling influencers to lie about paid Instagram posts in first of its kind penalty

Watchdog also fines PhotobookShop for editing a paid review from an influencer who had described process as ‘fiddly’

The Guardian - AU

As Labor faces pressure to respond boldly to oil shock, it needs to find more unconventional levers to pull

Leveraging Australian gas exports to ensure we get oil in return is among the offbeat ideas we could be hearing more about

The Guardian - AU

Albanese government appoints fuel coordinator as ACCC investigates major suppliers’ conduct in regional Australia

The federal government has appointed Anthea Harris, former chief executive of the Australian Energy Regulator and of the Energy Security Board, as Coordinator of a new Fuel Supply Taskforce.

The Conversation

Anthony Albanese Has Warned Aussies Not To Panic-Buy Petrol Amidst Fuel Security Fears

“It’s not the Australian way. Just take what you need, be sensible."

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Chris Bowen declares rush on jerry cans ‘un-Australian’ as he urges end to panic buying of petrol

Energy minister says country’s fuel supply has yet to be affected by war after meeting with suppliers and retailers

The Guardian - AU

Fuel ration push parked as crisis talks target pricing

Ministers say they're focused on getting more petrol into the market in response to the Iran war, rather than limiting how much motorists can buy.

AAP

Australian petrol retailers accused of price gouging over rising fuel costs amid Iran war

Motoring groups accuse retailers of using conflict as an excuse to lift prices as Jim Chalmers asks ACCC to keep watch

The Guardian - AU

Airport infrastructure boom could sting travellers

The competition watchdog warns $20 billion worth of airport infrastructure projects could be passed on to passengers in the form of higher airfares.

AAP

Should you cancel your flight due to the Iran conflict? Here’s what Australian travellers need to know

One expert warns some airfares can’t be refunded unless the airline itself decides it won’t fly

The Guardian - AU

Has Coles been caught with its pants ‘down down’ over its prices promotion?

If the supermarket is found to have deliberately misled with the jingle that ‘sticks in one’s ears’, there will be sector-wide implications

The Guardian - AU

Woolworths reports 16% jump in profits as ACCC prepares legal action over ‘illusory’ discounts

Earnings report released on Wednesday shows supermarket made $859m net profit in past six months as higher prices hit shoppers

The Guardian - AU

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AAP

Up up prices gave shoppers bang for buck, court told

A supermarket giant is defending claims it misled customers with its "down down" campaign, saying it offered value for money.

Pedestrian.tv

Did Coles Mislead Us With Its ‘Down Down’ Deals? What The ACCC Trial Means For Shoppers

The ACCC has taken Coles to court over claims its “Down Down” discounts were misleading. Here’s what this actually means for shoppers.

AAP

Dodgy online items in consumer watchdog's crosshairs

Forcing giant online marketplaces like Temu and Shein to protect consumers from unsafe products is one of this year's key focuses for the consumer watchdog.

The Guardian - AU

Coles tells court its Down Down promotions were ‘fair dinkum’ and did not mislead shoppers

Supermarket defends pricing practices after ACCC labels discounts ‘utterly misleading’ in federal court case

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The Independent UK

Supermarket giant Coles planned to deceive customers with ‘utterly misleading’ discounts, court hears

Regulator claims Down Down promotions created ‘illusory’ discounts

The Conversation

Coles accused of ‘utterly misleading’ discounts as major court case kicks off

Coles has appeared before the Federal Court in Melbourne, as hearings for a high-stakes case launched against the supermarket by Australia’s consumer watchdog officially begin.

The Guardian - AU

Coles offered ‘utterly misleading’ discounts, consumer watchdog argues in federal court case

ACCC alleges the supermarket breached the law by offering ‘illusory’ discounts on many products

AAP

Coles points finger at suppliers for price changes

Australia's consumer watchdog has accused Coles of artificially increasing prices to create discounts, while the supermarket giant blames supplier cost hikes.

The Guardian - AU

BoM warns of ‘classic fire spike day’ for Victoria – as it happened

This blog is now closed

The Guardian - AU

Ads I see online unashamedly lie. Doesn’t Australian consumer law require advertisers not to mislead us?

Advertising shown in Australia cannot be false or misleading, writes policy expert Kat George. But false claims on the internet are vast and regenerative

The Guardian - AU

Bunnings accused of ‘greenwashing’ timber amid concerns about supplier’s illegal logging

The Wilderness Society lodges complaint with consumer watchdog over hardware and garden chain’s sale of timber sourced from NSW Forestry Corporation

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