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The Latest Breaking News from ACCC

Fines top $30 million after college 'rorts' students

A judge has slapped massive fines on an online diploma college that turned a $19 million profit while saddling thousands of vulnerable people with student debt.

AAP

Why the carbon offset 'swear jar' needs an overhaul

Firms relying on carbon offsets to tout their green credentials and reduce their environmental footprints are under fresh scrutiny after a court settlement.

AAP

Coles, Woolies debate number of fake discount products

Coles and Woolworths will bargain with the competition watchdog on a list of items used as court evidence over allegations of illusory discount schemes.

AAP

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Qantas, Jetstar cash in on lack of airline competition

After budget airline Bonza collapsed early in 2024, Australia's remaining carriers have reaped their financial reward with impressive profits.

AAP

Vodafone Accuses Telstra Of Misleading Australians With Its Coverage Claims

Vodafone has called for a regulatory investigation, alleging Telstra appears to have been misleading Australians "for more than a decade".

Pedestrian.tv

Tuna tune-up: calls for clearer green claims on cans

Canned tuna brands spruiking their sustainability credentials have been urged to stick with the facts and steer clear of exaggerated assertions.

AAP

Penalty rates see hospitality sector 'haemorrhage'

Hospitality businesses are struggling under ever-increasing costs as wages, energy, insurance and transaction costs push the sector to record closures.

AAP

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Pro-gas group with link to Liberal party referred to ACCC over alleged misleading claims

Integrity organisation claims Australians for Natural Gas overstates role of gas in economy and failed to disclose directors’ links to industry on website

The Guardian - AU

This may be as good as it gets: NZ and Australia face a complicated puzzle when it comes to supermarket prices

With ongoing cost of living pressures, the Australian and New Zealand supermarket sectors are attracting renewed political attention on both sides of the Tasman.

The Conversation

Labor ‘taking action’ on dynamic pricing after cost of tickets to Lady Gaga’s Sydney and Melbourne concerts sparks outrage

‘Drip pricing’ and hidden fees also being examined after tickets for ‘nosebleed’ seats rose to $622 within 15 minutes of sale beginning

The Guardian - AU

Renting a home in Australia means handing over too much sensitive info. It’s a national security risk

Our personal information is more valuable than ever. The most recent government cyber threat report warns that foreign state actors have an “enduring interest” in obtaining sensitive and personally identifiable information about Australians.

The Conversation

‘Ghost stores’: the online retailers promoting closing-down sales for physical shops that don’t exist

Australia’s consumer watchdog says it is investigating complaints of social media ads purporting to be from local boutiques

The Guardian - AU

Stamp prices set to rise as snail mail volumes shrink

The regulator says it is unlikely to stand in the way of Australia Post raising stamp prices as its loss-making letter delivery business continues to shrink.

AAP

A ban on price gouging and new powers to break up supermarkets are on the table this election. Would either work?

With the federal election campaign now underway, Prime Minister Anthony Albanese has promised that if re-elected, Labor would seek to make price gouging illegal in the supermarket sector.

The Conversation

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The Guardian - AU

Are accusations Australian supermarkets are price-gouging inflated?

The Albanese government pledges to crack down on ‘price-gouging’, but there is no clear definition of what it is – and charging high prices is not illegal

The Guardian - AU

Five questions Peter Dutton needs to answer about his energy plans

Coalition leader is touting a ‘gas reserve’ to ease prices on the east coast, while dodging questions on key elements of nuclear power policy

Pedestrian.tv

Coles & Woolies Respond To Price Gouging Claims As Supermarkets Become Key Election Issue

Both Labor and the Coalition have outlined policies to tackle rising grocery bills, if elected.

The Guardian - AU

Bowen says Dutton ‘making it up as he goes’ on gas plan as experts question lack of detail

Opposition leader promises to release secret modelling within days as former ACCC chair urges Coalition to explain how they would lower prices

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The Guardian - AU

Bandt says Greens policy ‘adopted’ by Albanese – as it happened

This blog is now closed.

The Guardian - AU

Albanese promises action on supermarkets ‘taking the piss’ as Dutton criticises ‘wet lettuce’ approach

Prime minister says his government, if re-elected, will establish taskforce to introduce price-gouging regime that will be enforced by ACCC

The Guardian - AU

Coalition and Greens urge Labor to introduce powers to break up Coles and Woolworths duopoly

Parties call for intervention after ACCC report found Australian grocers among most profitable in world amid cost-of-living crisis

The Conversation

ACCC finds Australia’s supermarkets are among the world’s most profitable – but doesn’t accuse them of price gouging

Australia’s supermarket sector has endured a long, uncomfortable moment in the spotlight. There have been six comprehensive inquiries into its conduct, pricing practices, and specifically claims of “price gouging”, over the past 18 months.

The Guardian - AU

Aldi’s expanding profit margins mightn’t sit well with fans

ACCC finds the German ‘hard discounter’ has, like Coles and Woolworths, lifted post-pandemic margins to shoppers’ detriment

Pedestrian.tv

Supermarkets Coles & Woolworths Have ‘Limited Incentive’ To Compete On Price, ACCC Finds

“We don't want the supermarkets to be treating Australians like mugs.”

The Guardian - AU

Police investigating alleged online threats to third Sydney mosque – as it happened

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