ACCC - 2/10 - Consumers' Federation of Australia

28 August , 2020

New safety standards for toys containing magnets

The Morrison Government has approved a new mandatory safety standard for toys with loose small high-powered magnets to help protect younger children. The Australian Competition and Consumer Commission’s new mandatory safety standard limits toys with loose small high-powered magnets to scientific sets for children aged eight years and over. Children are at risk of serious…

17 August , 2020

National Scams Awareness Week: ‘This Is Not Your Life’

The ACCC has launched a podcast series for this year’s National Scams Awareness Week to provide Australians with tips on how to protect their personal and financial details from scammers. The five-episode podcast series, ‘This Is Not Your Life’, is produced by Julian Morrow, the creator of ABC TV’s consumer series The Checkout. The podcast,…

1 July , 2020

Consumer Data Right goes live for data sharing

Consumers can now choose to share their banking data to access more personalised financial products and services following the launch of the Consumer Data Right today. All four major banks are capable of sharing their customers’ data, when requested by the customer. Other authorised deposit-taking institutions will join the Consumer Data Right over the coming…

26 June , 2020

New safety standard for aquatic toys

An updated mandatory safety standard for aquatic toys will help to better protect children using inflatable aquatic toys in and around water. Children, in particular young children who often cannot swim, are at risk of drowning if their inflatable aquatic toy suddenly deflates when air is released through the air inlet. The hazard increases if…

22 June , 2020

Scams cost Australians over $630 million

Australians lost over $634 million to scams in 2019, according to the latest figures in the ACCC’s Targeting Scams report released today. There were more than 353,000 combined reports to Scamwatch, other government agencies and the big four banks last year. “Unfortunately it is another year with devastatingly high losses, and scammers are constantly finding…

19 June , 2020

ACCC directed to monitor domestic air passenger services

The Morrison Government has directed the Australian Competition and Consumer Commission (ACCC) to monitor domestic air passenger services for a period of three years. The Government has consistently said Australia’s national interest is best served through having a sustainable, competitive aviation sector. ACCC monitoring will assist in protecting competition in the domestic passenger airline market,…

27 May , 2020

CFA responds to COVID19 cooperation proposals from NBN Co, Australian Energy Council and Private Healthcare Australia

The Consumers’ Federation of Australia has made submissions to the Australian Competition and Consumer Commission (ACCC) responding to authorisation applications from NBN Co, the Australian Energy Council (AEC) and Private Healthcare Australia Limited (PHA). Businesses can seek authorisation from the ACCC where conduct risks breaching competition laws but is in the public interest. While CFA…

19 May , 2020

Scammers use COVID-19 to take advantage of consumers across Australia

Scamwatch has received over 2000 coronavirus-related scam reports with over $700 000 in reported losses since the outbreak of COVID-19 (coronavirus). Common scams include phishing for personal information, online shopping, and superannuation scams. Visit Scamwatch for details on how scammers target consumers and tips to protect yourself. If you have been scammed or have seen…

4 May , 2020

Consumers’ Federation of Australia responds to proposed button battery regulation options

CFA has made a submission to the Australian Competition and Consumer Commission (ACCC) Button Battery Taskforce. The ACCC launched the taskforce to investigate the safety of button batteries and the products that contain them. Button batteries pose a severe injury risk for young children and other vulnerable groups, like the elderly and those with dementia,…

4 May , 2020

Consumers’ Federation of Australia responds to COVID19 cooperation proposals from banks & supermarkets

The Consumers’ Federation of Australia (CFA), the peak body for consumer groups nationally, has made two submissions to the Australian Competition & Consumer Commission (ACCC) responding to authorisation applications from Australia’s banks and supermarkets. Businesses can seek authorisation from the ACCC where conduct risks breaching competition laws but is in the public interest. More than…

25 March , 2020

CHOICE calls on sellers and online platforms to put an end to price gouging

Price gouging during the coronavirus crisis has been rampant. We’re calling on sellers big and small as well as online platforms to cease and desist. CHOICE article. Last updated 20 March 2020. It may surprise you to learn that price gouging – jacking up prices for essential goods when supplies are low – is technically…

24 March , 2020

Supermarkets to work together to ensure grocery supply

Supermarket operators will be able to coordinate immediately to ensure consumers have reliable and fair access to groceries during the COVID-19 pandemic following the ACCC’s granting of interim authorisation. The interim authorisation will allow supermarkets to coordinate with each other when working with manufacturers, suppliers, and transport and logistics providers. The purpose of this is…