Standards

12 January , 2023

Media Release: ANZ-Suncorp merger ‘tipping point’ in eliminating effective competition in banking

The Consumers’ Federation of Australia (the CFA) has labelled the proposed ANZ-Suncorp merger a “tipping point” in eliminating effective competition among Australia’s banks. In a submission to the Australian Competition & Consumer Commission (the ACCC), the CFA says that if the ANZ-Suncorp merger is approved, there will be no limits on further bank mergers resulting…

Feedback sought on ways to smother fire risks linked to lithium-ion batteries

The ACCC is seeking input on ways to reduce the significant fire and safety risks associated with lithium-ion batteries, which can overheat or explode, particularly when used, charged or stored incorrectly. An issues paper published today, will help the ACCC to better understand the risks posed by lithium-ion batteries and inform recommendations to reduce the…

Quad bike safety checks show improved compliance

Ninety-four per cent of new quad bikes assessed by Australia’s consumer law regulators were compliant with the national safety standard that has been in force since October last year, a nationwide surveillance program has found. The ACCC worked with state and territory consumer protection and work health and safety agencies to conduct a second annual…