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Domestic airfares generally fell last year after reaching record highs in late-2022, but cancellations and delays remain higher than long-term industry averages, the ACCC’s latest Domestic Airline Competition in Australia report reveals.

The report shows that average revenue per passenger, which represents average prices across all fare types, was 13.4 per cent lower in December 2023 than in December 2022, in real (inflation-adjusted) terms.

Read More Airfares Cheaper But Cancellations and Delays Increased in 2023

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Romance baiting scams cause significant emotional and financial harm to Australians, with Scamwatch receiving 484 reports of this scam in 2023. Despite overall losses nearly halving in the past year, reports to Scamwatch show that more than $40 million was lost to romance baiting scams in 2023. 

Romance baiting scams disproportionately impact people from culturally and linguistically diverse backgrounds, with reports to Scamwatch from these communities accounting for more than 30 per cent ($12 million) of total losses last year.

Read More NASC Warns Consumers to Be Aware to Valentine and Romance Baiting Scams

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Across Australia, 13 incidents of property damage have been linked to the affected batteries, including a house in Victoria that was destroyed.

Following a recommendation by the ACCC, the proposed recall notice was issued by the Assistant Treasurer because it appears to him that LG has not taken satisfactory action to prevent the affected batteries causing injury to any person.

Read More Compulsory Recall for Dangerous LG Solar Batteries Proposed

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[T]he research commissioned by the Competition Review Taskforce now provides clear evidence in support of merger reform, strengthening the ACCC’s confidence in its recommendations.

The research demonstrates that an estimated 1000-1500 mergers occur in Australia each year. Only  about 330 are notified to the ACCC under the existing voluntary merger regime.

About half of the 1000-1500 mergers are made by the largest one per cent of businesses.

Read More ACCC: Urgent Need for Merger Law Reform

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The Consumers Federation of Australia (CFA) and CHOICE have provided a submission to the newly newly established Competition Taskforce on merger approvals.  Australia has many markets that are highly concentrated; supermarkets, airlines, banking, telecommunications, energy and insurance are all markets where a few dominant companies provide most Australians with essential products and services. Increasingly, we…

Read More CFA Supports Reforms to Merger Approvals

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The Albanese Government has announced its intent to have the Australian Consumer and Competition Commission (ACCC) conduct a year-long inquiry into supermarket prices as allegations of price gouging, a lack of competition in the sector and the cost of living crisis continue. According to a joint press release by the Prime Minister, Anthony Albanese MP,…

Read More Government Announces ACCC Inquiry into Supermarket Prices

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Jobs and employment scams were the fastest growing scam type last year, with Australians reporting over 4,800 job scams to Scamwatch in 2023 leading to losses of $24.7 million, compared to $8.7 million in 2022.

Reports to Scamwatch show that these scams are disproportionally affecting younger Australians aged 18-44 years old, including students looking for part-time work. People from culturally and linguistically diverse backgrounds including non-resident visa holders are also particularly at risk.

Read More Employment and Side Hustle Scams on the Rise

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How stable is your furniture? Does your heavy, full wardrobe have appropriate anchors or tip-over failsafes? Currently, Australia only has a voluntary safety standard (AS/NZS 4935:2009) but in light of the recently published mandatory American standard (ASTM F2057–23 Standard Safety Specification for Clothing Storage Units) the Australian Competition and ConsumerCommission has decided to re-investigate the…

Read More Survey on Mandatory Furniture Safety Standards

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“Our advice to consumers is to never click on links in text messages or emails, even if you’re expecting a delivery. Instead, consumers should independently check the status of their delivery by going to the Australia Post app or website or the courier service they’re expecting the delivery from.”

Read More Consumers Warned to Stay Alert to Scams over the Holiday and Sale Season

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“We shouldn’t have a process that is prey to legal brinkmanship, with all the uncertainty and expense that entails,” Ms Cass-Gottlieb said.

“Consumers, small businesses and farmers will benefit from the ACCC reforms, which will include high levels of transparency and provide certainty. But we also believe that companies and other businesses concerned about their suppliers, customers or rivals merging will also benefit.”

Read More Merger Reform Key to Competition and Quality