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The Latest Breaking News from ACCC

Crane company cops $1m fine for cartel deal

The Federal Court has fined a crane company $1 million for signing an anti-competitive cartel agreement with a supposedly rival firm in their Newcastle and Queensland markets.

Newcastle Herald

Woolworths, Coles and Aldi join to tackle soft plastics crisis, amid calls to ‘start afresh’

Major supermarkets are banding together after the REDcycle debacle, but a focus on recycling could be neglecting the bigger plastic issue.

The New Daily

Calls for tougher fines after latest Telstra scandal

Australia's biggest telcos must be handed larger fine to stem a growing tide of failures by the likes of Telstra, a leading advocate says.

The New Daily

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Ninety per cent of small children unsafe while travelling in the family car, says Kidsafe group

Too many children are unsafe in their family cars, new data shows, with around 90 per cent of car seats not installed correctly.

ABC News

‘Just stop and think’: how to navigate Black Friday sales in a cost-of-living crisis

There’s nothing wrong with shopping on sale but the false sense of scarcity Black Friday or Cyber Monday deals create can defeat the purpose

The Guardian - AU

JB Hi-Fi, The Good Guys and Harvey Norman mislead consumers about warranties: Choice

CHOICE has uncovered misleading conduct at JB Hi-Fi, Harvey Norman and The Good Guys ahead of Black Friday sales.

The New Daily

Retailers’ extended warranties give no more cover than existing consumer rights, Choice says

Consumer group found 91% of stores it investigated tried to sell extended warranties and claims 71% provided misleading information

The Guardian - AU

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Airline flight delays and cancellations persist close to record levels as travel demand surges

An industry-wide crisis of flight delays and cancellations continues to sweep Australian aviation, with concerns about what the peak summer travel season will look like.

ABC News

Airlines extend expiry dates as travellers struggle to redeem billions in flight credits

Travel plans disrupted by the pandemic have left Australians with more than one billion dollars of flight credits. But there is growing evidence that the system is too hard to use, with travellers forced to forfeit thousands of dollars in unused credits.

ABC News

Big tech still using anti-competitive techniques that are now banned big foreign markets

Big tech is still slugging Australian consumers with competitive behaviours that have been banned in the US and EU, consumer advocates say

The New Daily

Regulator clears Aust Post stamp hike

The competition regulator has cleared Australia Post's plan to hike the cost of sending letters and packages and take the price of a stamp to $1.20.

AAP

Consumer compo, $3m fine for dodgy claims

Those who wrongly thought their health fund would cover a teledentistry's teeth straightening product will be allowed to seek compensation after a court ruling.

AAP

Australia’s consumer watchdog calls for new laws to stop scams and rein in anti-competitive behaviour online

ACCC report says digital platforms expose users and businesses to ‘harms’ as it pushes for overhaul

The Guardian - AU

Competition watchdog examining energy market interventions including possible price caps

War-induced price shocks being felt by households and businesses require government to step in, Treasury says

The Guardian - AU

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The Guardian - AU

Tanya Plibersek to announce $12m for crackdown on shonky water trading practices

ACCC to oversee reform of water market which emerged after Murray-Darling Basin changes meant water allocations could be traded

The New Daily

‘Appalled’: ACCC deputy calls for review into corporate data handling as scam reports surge

Australians should think twice before handing their personal data over to companies, the ACCC deputy chair says.

The New Daily

Scammers ‘relentlessly targeting Australians’: How to protect yourself

The ACC's Scamwatch has revealed scammers are "relentlessly targeting Australians". here's what to look out for.

The Guardian - AU

Treasury backs intervention in Australian energy market to ‘quickly’ reduce prices

‘War-driven price shocks’ signal possible need for government intervention to address energy costs, Treasury secretary says

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ABC News

NT Police issue cybercrime warning after two businesses handover more than $1 million to scammers

Police are warning Northern Territory businesses to be alert for online scams after "numerous" incidents of cybercrime targeting real estate and building companies.

The New Daily

Ransom warning for exposed Medibank customers as insurer reveals grim hack details

Australians are being warned to brace for personal ransom emails and texts after private health insurer Medibank revealed millions are hit.

ABC News

Australians lost almost half a billion dollars to scammers in nine months — and that's only what we know about

Between January and September this year, Australians lost $424.8 million to scammers. But those figures are likely only the tip of the iceberg, with just 13 per cent of victims reporting crimes to Scamwatch.

The Guardian - AU

Australian farmers are being treated like mushrooms when it comes to fertiliser pricing

Farmers are being taken for mugs because there is no published price for one of the biggest inputs to farming

AAP

ACCC pushes for tougher gas regulations

The government and the consumer watchdog are assessing several options to rein in soaring gas prices, including a mandatory code for gas retailers.

AAP

Childcare cost inquiry details unveiled

The terms of reference for a consumer watchdog inquiry into the childcare system have been revealed.

The Guardian - AU

Threaten Australian gas companies with export limits to rein in domestic prices, former ACCC boss says

Exclusive: Rod Sims argues federal government needs to be tougher, stating ‘it just needs the threat and I think they will act’

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