Consumer watchdog turns up heat on banks over savings rates The ACCC is turning the spotlight on banks over interest rates – especially those paid to savers as borrowers are increasingly slugged. The New Daily · Apr 21, 2023
Qantas takeover of FIFO rival blocked amid competition concerns The Qantas takeover of Alliance Aviation is in tatters after the competition regulator said it would oppose the $610 million deal. The New Daily · Apr 20, 2023
ACCC rejects claims gas price cap and safeguard mechanism harming new investment Chair Gina Cass-Gottlieb says it’s not ‘accurate’ to claim the government’s policies were making Australia uncompetitive The Guardian - AU · Apr 12, 2023
ACCC boss ramps up pressure on anti-competitive mergers The consumer watchdog says it needs bolstered powers to stop takeovers that allow firms to dominate markets with scant competition. The New Daily · Apr 12, 2023
Eastern Australia gas outlook improves but winter shortfall still possible for south, watchdog says ACCC says better 2023 forecast due to increase in production estimates and less uncontracted LNG that can be exported The Guardian - AU · Apr 3, 2023
Australia's eastern states will have enough gas, ACCC says Warnings about a gas shortage across Australia's eastern states have been scrapped after the competition watchdog said supplies would meet demand. ABC News · Apr 3, 2023
‘Do more to stop scammers’, watchdog tells bankers Banks need to do more to prevent scammers from getting access to customers' funds, the consumer protection watchdog chair has told executives. The New Daily · Mar 28, 2023
Shipping container scams on the rise, as ACCC calls on providers like Facebook to act Kim Ellison had a simple plan for retirement — to get away from the city, somewhere not too expensive but with enough room for family to stay. Scammers got in the way. ABC News · Mar 27, 2023
Price of diesel fuel remains stubbornly higher than petrol Russia's invasion of Ukraine is partly to blame for inflated diesel prices, which remain stubbornly higher than the price of petrol The New Daily · Mar 24, 2023
Cost of diesel stubbornly high as war ratchets up price The consumer watchdog has blamed the cost of diesel remaining significantly higher than the cost of regular petrol partly on Russia's invasion of Ukraine. AAP · Mar 24, 2023
Energy prices, green credentials head ACCC concerns The ACCC says competition and consumer issues in relation to energy, telecommunications and environmental sustainability are among its top compliance concerns. The New Daily · Mar 7, 2023
Strong bank profits a 'positive', says RBA boss The Reserve Bank governor has defended robust profits made by banks and says higher rates will eventually start eroding their earnings. AAP · Feb 15, 2023
‘Manipulative’: ACCC cracking down on dodgy social media influencers Australians are being warned to think twice before believing what they see on social media platforms amid dodgy influencer marketing. The New Daily · Jan 27, 2023
ACCC forecasts 2023 east coast gas shortage, despite federal government intervention The competition watchdog warns committed east coast gas supplies could fall short in 2023 as it calls on providers to release more of their uncontracted supplies. ABC News · Jan 27, 2023
AAP · Jan 27, 2023 Gas shortfall concerns downgraded: ACCC Australia is not out of the woods when it comes to a domestic gas shortfall but there's enough uncontracted supply available to cover the gap.
ABC News · Jan 27, 2023 Influencer crackdown in full swing as ACCC sweeps social media for hidden ads, undeclared sponsored posts A cross-platform social media sweep launched this week by the consumer watchdog has already prompted more than 150 tip-offs, mostly in relation to influencers in the fields of beauty, lifestyle, fashion and parenting.
The Guardian - AU · Jan 26, 2023 ACCC to crack down on misleading influencer endorsements across social media Consumer watchdog received over 150 tip-offs about influencers who reportedly failed to disclose affiliations with products they were promoting
AAP · Jan 17, 2023 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.
The New Daily · Dec 23, 2022 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.
AAP · Dec 23, 2022 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 · Dec 7, 2022 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.
The Guardian - AU · Nov 28, 2022 ‘A sense of urgency’: capping coal prices to reduce power bills would need state support, cabinet told Exclusive: It is expected Labor will adopt a suite of reforms to address an anticipated 56% increase in electricity prices
The Guardian - AU · Nov 10, 2022 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 · Nov 10, 2022 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
AAP · Nov 2, 2022 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.