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The ACCC alleges Tesla failed to conduct the required safety tests before supplying three of its key fob models and two of its illuminated door sill models and failed to provide the mandatory safety warnings on these products as required by the standard.
Read More Tesla Penalised for Alleged Breach of Button Battery Safety Standards
Solar battery storage outside a brick house. The plastic and metal is charred black and melted in some areas.
All households with a solar storage system need to urgently check if the system has a recalled LG battery installed and should switch off affected batteries immediately, the ACCC has warned.
When these batteries malfunction there is a serious risk of injury or death due to the affected batteries overheating and causing a fire.
Read More LG Solar Batteries Recalled – Consumers Urged to Check and Switch Off Affected Batteries Immediately
A cartoon battery with low, dark yellow charge. In front of it is a drawing of the charging symbol.
The Australian Competition and Consumer Commission today published its latest report on consumer product safety and lithium-ion or Li-ion batteries – the type of batteries used in personal electronic devices, renewable energy storage, and e-vehicles. The report, available here in pdf and audio form, is part of the ACCC’s 2022-23 and 2023-234 priority on product…
Read More ACCC Report on Lithium-Ion and Consumer Product Safety Urges a ‘Multi-Faceted Approach’
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The Australian Competition and Consumer Commission (ACCC) yesterday released the second interim report for their 2022-23 inquiry into childcare. Included in the report are draft findings and recommendations on the costs, profitability and viability, policy, and effectiveness of market regulations specific to the Australian childcare sector – with reference to other OECD countries which largely…
Read More Market Forces Fail to Deliver Accessible and Affordable Childcare
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Three months after the ABC ran a story about virtual kidnapping scams targeting Chinese international students in Sydney, the National Anti-Scam Centre (NASC) has warned that the scam, which aims to threaten, intimidate, and steal from Chinese students living in Australia (regardless of socio-economic status), has more than doubled in number since August 2023.
Read More NASC Warns of Increasing Virtual Kidnapping Scams
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“With electricity prices increasing, and many Australians looking for a better deal, it’s crucial that the information people receive from their energy company is correct and can be relied upon,” ACCC Chair Gina Cass-Gottlieb said.
Read More EnergyAustralia in Court over Alleged Misleading Information
“The test for whether a contract term is unfair has not changed. However, businesses now could potentially face substantial penalties for contravening the law. This will better protect consumers and small businesses who have limited bargaining power, expertise, and ability to negotiate or assess standard form contracts,”
Read More ACCC Urges Businesses to Remove Unfair Contract Term
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The ACCC has issued a draft determination proposing to deny authorisation for Qantas Airways Ltd and China Eastern Airlines Corporation Limited and their related entities (including Jetstar) to continue coordinating operations between Australia and mainland China.
Read More Proposed Denial of Qantas and China Eastern Airline Coordination
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Australia Post is proposing to increase its stamp prices by 25 per cent from January 2024.
This change would increase the price of delivering reserved ordinary small letters from $1.20 to $1.50, ordinary large letters up to 125 grams from $2.40 to $3.00 and ordinary large letters between 125 grams and 250 grams from $3.60 to $4.50.
Australia Post is not proposing to increase the price of concession stamps (60 cents each) or stamps for seasonal greeting cards (65 cents).
Read More ACCC Opens Submissions on Australia Post’s Proposed Price Increases
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On the 23rd of August, Treasury announced the creation of the Competition Taskforce as part of the 2 year long Competition Policy Review. The purpose of the Review and its Taskforce is to examine the current competition laws, policies and institutions, and determine reforms in those areas to further boost productivity.
Read More Competition Taskforce Established as Treasury Stresses Importance of Competition to the Economy
Original media release from ACCC (14/08/2023), link here. The Federal Court today ordered that Dell Australia Pty Ltd pay $10 million for making false and misleading representations on its website about discount prices for add-on computer monitors. In enforcement proceedings brought by the ACCC, Dell Australia admitted that it had misled customers about the price…
Read More Dell Australia Penalised $10 million for Misleading Representations
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Due to COVID-19, all Australian airports have recorded noticeable drops in their financial performances since 2018-2019 with Sydney and Melbourne airports by far the most negatively affected with both airports profit margins dropping by 48% in 2021-2022.
Unfortunately, the data airports are required to submit to the ACCC lack the detail necessary to determine if or how much their natural monopoly is being used – something both the ACCC and airlines have raised as concerns.
