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The Latest Breaking News from ACCC

Consumer watchdog calls on public to report social media influencers failing to disclose posts as ads

Influencers who are in breach of the Australian Consumer Law can face penalties of up to $2.5m

The Guardian - AU

Influencers on notice as consumer watchdog sets sights on undisclosed ads on social media

Influencers and content creators are on notice to come clean about their commercial deals and income streams as Australia's consumer watchdog prepares for a sweep of social media platforms.

ABC News

Concerns over growing number of fires linked to lithium-ion batteries in e-scooters and e-bikes

Hundreds of e-scooters and e-bikes are catching fire in Australian homes, and firefighters fear without better education and stringent regulations, things could turn fatal.

ABC News

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Government says bill relief is coming

Labor has defended the effectiveness of its gas price cap and says it will stop prices ballooning out of control.

AAP

Bonza doubles down on cheap flights, as other airlines drop prices

Budget airline Bonza has doubled down on its statement that airfares will start from $50 per hour spent in the air by its customers.

The New Daily

2023 set to be 'huge year' for international travel with Australia returning to pre-pandemic levels

Searches for flights are soaring in Australia, according to data from Google. What are the top destinations Australians are flying off to? Here's what the latest data tells us.

ABC News

Gas companies needed 'rules of the game'

The gas industry has defended decisions to pause new gas contract negotiations amid uncertainty about the federal government's energy price relief plan.

AAP

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Australian energy users call gas industry ‘a bunch of bullies’ amid claims of supply shortages

Producers argue Albanese government’s price cap intervention has ‘paralysed the market’

The Guardian - AU

ACCC probe to ensure savers get fair deal

The treasurer has asked the consumer watchdog to investigate why interest rate increases on deposit products are often lower, slower or conditional.

AAP

US farm machinery manufacturer John Deere allows farmers the right to repair tractors

US farm machine manufacturer John Deere and the American Farm Bureau Federation sign a memorandum of understanding that ensures farmers have the right to repair their own farm equipment.

ABC News

'Unlock rural phone towers so signal can be used regardless of telco'

Politicians are calling for all rural phone towers to be "unlocked", to let anyone use their signal regardless of what carrier they are with.

Newcastle Herald

Victims of fake Glenelg New Year's Eve yacht party scam to be refunded by Eventbrite

Revellers scammed into paying for tickets to a non-existent New Year's Eve yacht party off Adelaide's coastline will be refunded, online ticketing platform Eventbrite says. An Adelaide real estate agent says his identity was used to set up the event.

ABC News

Selling something online? Beware the scam buyer

Links to fake Australia Post websites and requests for overpayment refunds are just some of the scams to look out for when selling things on the internet.

ABC News

Donut King, Michel’s Patisserie owner to pay $10 million in franchisee compo

The behemoth behind franchise chains Michel’s Patisserie and Donut King will pay millions in compensation to franchisees over misconduct.

The New Daily

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AAP

Major cake shop owner settles, pays $10m

Up to $10 million in debt waivers or repayments will be made to Michel's Patisserie franchisees by the brand owner over allegations it sold loss-making shops.

ABC News

Have you been getting messages about unclaimed packages? They could be a scam

Australia Post is warning customers to be wary of scams in the lead-up to Christmas, with people who are expecting deliveries more vulnerable to being duped by fake messages about postage delays.

The New Daily

‘Right decision, wrong reasons’: Why the Telstra-TPG deal needs work

The ACCC has quashed a partnership between two major telcos over fears for consumer competition – but regional communities need more work.

AAP

Telstra, TPG to appeal ACCC knock-back

TPG and Telstra will appeal after the Australian Competition and Consumer Commission declined to approve their proposed $1.8 billion network-sharing deal.

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The Guardian - AU

Is Labor’s energy price relief plan really a ‘Soviet-style policy’ or an ‘Armageddon’ moment?

With the bill now passed into law, here’s what’s at stake, what is next, and the political backstory of the Australia’s energy price boom

AAP

ING fined for missed data deadlines breach

ING Bank has been fined for failing to meet Consumer Data Right deadlines and for making a false or misleading representation to consumers.

ABC News

Coles supermarket, Jeff Kennett slammed by government grocery reviewer

The supermarket watchdog has slammed former Victorian premier Jeff Kennett, in his role as an arbiter between Coles and its suppliers, for "flawed" decision-making and failing to comply with its directions.

The New Daily

Coles, Jeff Kennett slammed by supermarket watchdog

Former Victorian premier Jeff Kennett, appointed by Coles to deal with complaints from its suppliers, is criticised by the watchdog.

The New Daily

Alan Kohler: Three broken promises define 2022

Thanks to our unaffordable housing, Philip Lowe might not end up with a recession on his conscious, only the legacy of broken promises.

The New Daily

Hotel booking sites actually make it hard to get cheap deals, but there’s a way around it

Booking sites have the perverse effect of keeping prices high, especially when the fees they charge hotels are taken into account.

ABC News

Facing a cold northern winter, Japan watches Australia's energy market intervention closely

The Japanese government adds its voice to the debate about plans for coal and gas price caps amid concerns about energy security at home.

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