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The Latest Breaking News from ACCC

Australians have lost at least $7.2 million to the 'Hi Mum' scam. How does it work and why is it so lucrative for cybercriminals?

It's the scam that preys on our emotions and has seen criminals steal at least $7.2 million from 11,100 Australians so far this year. We spoke to an expert about some of the tactics the scammers are using so you can avoid being the next victim.

ABC News

Staff helped uni get through tough few years

Email letters@newcastleherald.com.au or send a text message to 0427 154 176 (include name and suburb).

Newcastle Herald

NBN update: Consumers pay more for stagnant service standards, ACCC finds

Australian households are paying more for their NBN plans despite service standards failing to improve, the ACCC says.

The New Daily

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What is the energy price relief plan and will it actually reduce power bills?

Treasury modelling suggests average household will be $230 better off after national cabinet backed $1.5bn intervention

The Guardian - AU

ACCC calls for feedback on lithium-ion batteries over safety concerns

In five years, the ACCC has received over 200 product safety reports about lithium-ion batteries with over 20 products recalled.

ABC News

ACCC to pay Google costs as case dismissed

The consumer watchdog accused online giant Google of misleading consumers, but a judge has ruled information was presented if people bothered to read it.

AAP

Price fixing lands steel giant in court

Companies are on notice about illegal agreements with competitors after a court found one of Australia's largest steel suppliers engaged in cartel conduct.

AAP

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ACCC wins 'cartel' case against steelmaker BlueScope in Federal Court

A Federal Court justice backs a claim by the Australian Competition and Consumer Commission that BlueScope and a former manager engaged in “cartel conduct” over the supply of flat steel products.

ABC News

Governments unveil renewables investment as ACCC warns of skyrocketing electricity bills

Competition across Australia’s electricity market is coming under pressure as prices soar, raising the spectre of even higher bills.

The New Daily

Action after alleged gas cartel attempt

A mining equipment and technology services company allegedly tried to establish a cartel with four other suppliers in breach of competition laws, the ACCC says.

AAP

Consumer watchdog concerned by Woolworths' proposed takeover of Queanbeyan local supermarket

The ACCC is concerned the proposal could reduce competition in Queanbeyan.

The Canberra Times

Consumer watchdog says $21 million Uber fine sends warning over consumer law breaches

About two million Australians saw the misleading cancellation warning that breached consumer law and led to Uber making changes for users of its rideshare app.

ABC News

Jetstar’s Gonna Be Slinging Flights From $39 If You Wanna Get Far Away From Yr Fam After Xmas

Hopefully Nan puts cash in your Chrissy card.

Pedestrian.tv

Uber fined for overestimating fare prices

Rideshare giant Uber has been ordered to pay a $21 million fine for misleading conduct including overestimating how much customers pay for rides.

AAP

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ABC News

Uber fined $21 million by Federal Court for misleading consumers

Uber is fined $21 million by the Federal Court for misleading customers about their fare estimates and trip cancellation fees — a penalty lower than the company had expected.

The New Daily

Domestic airfares go sky high, while Bonza promises $50 flights

With the Christmas holidays just around the corner, Qantas Group faces a massive test of its services and reliability.

The New Daily

Charity starts at home for scammers: Here’s ways to stay safe

Some scammers might prey on people's generosity by posing as a charity this Christmas, so Australians have been told to be careful.

ABC News

ACCC monitoring airlines over price gouging concerns

The consumer watchdog is closely monitoring airlines and says it would be "concerned" if they withheld capacity in order to keep airfares high.

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AAP

Consumer watchdog taking Telstra to court

The ACCC says Telstra was misleading about its broadband speeds to 9000 customers of its cheaper internet brand Belong.

The Guardian - AU

Consumer watchdog puts Australian airlines on notice over high domestic air fares

ACCC says they will closely monitor companies to ensure they do not keep prices high through artificial scarcity

AAP

Airfares soar before Christmas holidays

The price of air travel in Australia continues to reach new heights, with a new report showing passengers are paying much more this year.

The Guardian - AU

Twitter and TikTok could be called to negotiate under Australia’s news media code

Review of Google and Meta agreements suggests ACCC look at what other social media platforms should be brought to table with publishers

Crikey

Forcing Meta, Google to pay for Australian news has been a ‘success’ — but confidentiality obscures full picture

While confidentiality ‘limits the assessment of the Code’s performance’, the law has been successful enough to possibly extend to other platforms such as TikTok.

ABC News

Most new quad bikes comply with increased safety standards despite initial backlash

Ninety-four per cent of all new quad bikes sold in Australia comply with increased safety standards, Australia's consumer watchdog says.

ABC News

Fraudsters use real ABNs on their sham sites. Here's what we can learn from tractor scammers about how to spot a fake

Farmers are being targeted by scammers claiming to be selling second-hand tractors online. The machinery doesn't exist, but the Australian Business Number is real.

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