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The Latest Breaking News from ACCC

Win for dudded savers as banks forced to alert changes

A suite of changes to banking regulations should make it easier for customers to move to more competitive home loan and saving account offers.

AAP

ACCC flags concerns over $8.8b Chemist Warehouse merger

The Australian Competition and Consumer Commission says it has preliminary competition concerns about the $8.8 billion merger, and is soliciting feedback.

AAP

Canberra fuel still most expensive in the country, report finds

Drivers are still being bled dry at the fuel bowser.

The Canberra Times

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Welcome to the Wild West of data trading, where even your pain level is a commodity

The ACCC’s new report into ‘data firms’ has taken a bold step at probing the infamously unregulated territory of data capture and trading.

Crikey

LG battery recall ramps up as 4400 homes remain at risk

Faulty solar batteries that have caused house fires are still being used in thousands of Australian homes, forcing LG to intensify recall efforts.

AAP

‘Insidious and unsavoury’: how private debt collectors push vulnerable Australians to breaking point

Victims say they have been subjected to constant phone calls, harassment of friends and family members – and even misleading and false threats

The Guardian - AU

Know your rights: what to do if you receive a call from a debt collector

As the cost-of-living crisis drives more people to financial stress, it helps to understand the rules that cover debt collecting

The Guardian - AU

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Worried your address, birth date or health data is being sold? You should be – and the law isn’t protecting you

Australians don’t know and can’t control how data brokers are spreading their personal information. This is the core finding of a newly released report from the Australian Competition and Consumer Commission (ACCC).

The Conversation

MasterChef Has Been Referred To The ACCC For Its Rather Cooked ‘Renewable Gas’ Sponsorship

The heat is turning up.

Pedestrian.tv

No port regulation means users pay and keep paying

MONOPOLY POWER: Mining industry warns future customers of hefty fee increases

Newcastle Herald

MasterChef Australia fans being deceived by ‘renewable gas’ campaign, climate advocates tell watchdog

Comms Declare asks ACCC to investigate show sponsor Australian Gas Networks for alleged greenwashing

The Guardian - AU

Nine and Seven in a huge fight over a whopping 2,000 newspapers

Two of the biggest players in Australian media have got their gloves off, and it’s on for young and old! But who actually cares?

Crikey

Nine’s AFR print edition to cease in WA after Seven’s press doubles production price

Seven says decision purely commercial but Financial Review editor accuses rival company of ‘abuse of market power’

The Guardian - AU

Greens and Nats unlikely allies when it comes to cracking down on Coles and Woolies

The Nats have said they’re for divestiture powers, putting them at odds with their Coalition partner.

Crikey

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Crikey

Qantas ‘ghost flights’ saga speaks to a bigger problem

The airline’s management has refused to take proper accountability for its misdeeds.

The Guardian - AU

Vanessa Hudson has provided a soft landing for Qantas as the airline cuts deal with ACCC

While the new CEO has stemmed some of the reputational damage of the past, the $120m fine is a clear success for the ACCC

The Guardian - AU

Qantas to pay $120m for allegedly selling tickets to flights that had already been cancelled

The airline agrees to a $100m fine and to repay $20m to customers in settlement with the ACCC

Crikey

The liars at Qantas lied to customers over ghost flights, then lied about their lies

There is seemingly no end to the deception at the flying kangaroo.

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Top News

Qantas Airways Fined Million For Flight Cancellations

Qantas Airways faces a million penalty for flight cancellations, highlighting the importance of consumer protection in the travel industry.

The Guardian - AU

The Australian government wants to stop online harm fuelling violence and division. What can it do?

Age verification technology and a ‘tech tax’ are among the proposals to address misinformation and misogynist content

AAP

Too much local love 'will hurt' new industry chances

The former head of the ACCC has warned against an ad hoc approach that could mean Australia misses out on opportunities in the clean energy transition.

The Guardian - AU

Australian music insiders take aim at ‘tick-a-box’ government funding for festivals

Co-founder of Oztix says events run by companies ultimately owned by multinationals should not be propped up by Australian taxpayers

AAP

Bunnings baulks at firmer rules around plant suppliers

Hardware giant Bunning Warehouse could be included in a mandatory code of conduct aimed at major supermarkets, with concerns raised about plant suppliers.

Crikey

When two become one: Would proposed reforms have halted these mergers and acquisitions?

Treasurer Jim Chalmers has announced sweeping changes to the ACCC’s powers in an attempt to slow surging concentration. The watchdog may appreciated these new teeth a bit earlier.

The Guardian - AU

Firms would have been less able to accelerate prices and inflation with proposed competition policy, Chalmers says

Treasurer says proposed reforms would mean ‘more confidence’ in mergers scrutinised by the ACCC

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