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The Latest Breaking News from Mick Keogh

‘Concerning’: ACCC interim report on supermarket inquiry tells of supplier woes and ‘oligopolistic’ market

It hasn’t been a good week for Coles and Woolworths. On Monday, the Australian Competition and Consumer Commission (the national competition regulator or ACCC) announced it was taking legal action against the big supermarkets over alleged misleading pricing claims.

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ACCC report slams Coles and Woolworths ‘oligopoly’

ACCC report slams Coles and Woolworths ‘oligopoly’

A new report from the ACCC puts pricing at the major supermarkets under the microscope, and Peter Dutton has equated foreign students with ‘boat arrivals’.

Major supermarkets breached trust, Albanese says

Major supermarkets breached trust, Albanese says

It is "a breach of trust" for supermarkets to behave like this, Anthony Albanese says after Coles and Woolworths were criticised over "misleading" specials.

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Furniture suppliers to warn of toppling risk for kids

New standards to warn of furniture toppling risks will be introduced after the deaths of several children in household incidents.

Households struggle in face of increasing grocery costs

Australians are feeling the pinch from "sharp increases" in living costs amid rising grocery prices, a national consumer survey shows.

ACCC to 'forensically' probe supermarket prices

The deputy chair of the consumer watchdog says the body will examine information on possible supermarket price gouging as part of a new inquiry.

International factors driving petrol price pain

Higher international fuel prices driven by oil production cuts and strong demand, combined with a lower US dollar exchange rate, are pushing up petrol prices.

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Fears Coles milk buyout could sour market for farmers

Fears Coles milk buyout could sour market for farmers

There are concerns that a Coles plan to buy two milk processing plants will give the supermarket giant greater power and bargaining influence on the market.

Most new quad bikes comply with increased safety standards despite initial backlash

Most new quad bikes comply with increased safety standards despite initial backlash

Ninety-four per cent of all new quad bikes sold in Australia comply with increased safety standards, Australia's consumer watchdog says.

Fraudsters use real ABNs on their sham sites. Here's what we can learn from tractor scammers about how to spot a fake

Fraudsters use real ABNs on their sham sites. Here's what we can learn from tractor scammers about how to spot a fake

Farmers are being targeted by scammers claiming to be selling second-hand tractors online. The machinery doesn't exist, but the Australian Business Number is real.

ACCC issues warning as farmers hit by online scammers taking advantage of supply shortages

ACCC issues warning as farmers hit by online scammers taking advantage of supply shortages

The watchdog says "ruthless" con artists have led to hundreds of reports of fraudulent sales being made this year.

Milk processor Lactalis Australia found guilty of breaching dairy industry code of conduct

Milk processor Lactalis Australia found guilty of breaching dairy industry code of conduct

Lactalis Australia is the first milk processor in the country found to have breached the Dairy Code of Conduct since it was introduced in 2020.

Business scam losses continue to soar

Business scam losses continue to soar

Australian businesses lost $227 million to payment redirection scams in 2021, prompting the ACCC to call for greater initiatives to prevent such losses.

Dairy farmers reassess futures before signing milk contracts, as many exit the industry

Dairy farmers reassess futures before signing milk contracts, as many exit the industry

Twice a day for more than half a century, the Wilson family milked cows in their dairy at Calico Creek near Gympie. Now, owner Martin Wilson has called it quits and he's one of many leaving the industry.

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Biggest chicken processors to fix unfair contracts with farmers after ACCC investigation

Chicken growers say they have been struggling under exploitative contracts with the country's biggest chicken processing companies, but now the ACCC has convinced companies to make contracts fairer.

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