From July 2024 select advocacy groups for consumers and small business will be able to lodge complaints with the Australian Competition and Consumer Commission (ACCC) – and the ACCC will be obligated to respond. From the website of Assistant Minister for Competition, Charities and Treasury, Andrew Leigh MP:
Read More Designated Complaints Function Announced
The ACCC has highlighted a range of harms to consumers and small businesses occurring across social media services, including excessive data collection practices, lack of effective dispute resolution options, prevalence of scams, lack of transparency for advertisers and inadequate disclosure of sponsored content by influencers and brands.
Read More ACCC Social Media Report Finds Consumers and Small Businesses Require More Protections
Australia’s four major banks are failing their customers by taking a ‘variable and…less mature’ approach to scams than expected, with ‘inconsistent and narrow approaches to determining liability’ as well as gaps in how they detect and stop scam payments, according to Report 761 today from the Australian Securities and Investment Commission (ASIC).
Read More ASIC Report says Australian Banks are Failing Customers
Media release first posted 18/04/2023. The ACCC is asking parents and guardians for their views on childcare services in Australia, as part of its year-long inquiry into the sector. Parents and guardians are invited to complete a short online survey to share their experiences when looking for and using childcare services in Australia. The ACCC is seeking…
Read More Parents and Guardians Asked for Their Experience with Childcare
The Australian Competition and Consumer Commission (ACCC) has just released its 2022 Targeting Scams report in which it found an 80% increase in total losses compared to 2021. Using data from regulators and government agencies, the report highlights the need for further collaboration between government bodies, banks, regulators, telcos, and digital platforms to close “significant…
Read More ACCC Calls for United Front as Scammers Steal Over $3bn from Australians
The Consumers’ Federation of Australia has made a further submission to the Australian Competition & Consumer Commission (ACCC) about the proposed merger of ANZ Banks and Suncorp Bank. The submission, following the publication of ACCC’s preliminary views, agrees with the ACCC that there are regulatory and structural barriers for smaller providers and newer entrants in…
Read More CFA Response to Proposed Suncorp-ANZ merger
Below is a media release (12/04/2023) from the Australian Competition and Consumer Commission (ACCC) regarding current Chair Gina Cass-Gottlieb’s speech to the National Press Club on the need to reform merger laws in Australia. A full transcript of the speech is available from the ACCC’s website here. Australia’s merger laws are no longer fit for…
Read More ACCC: Reform of merger laws critical for Australia’s economic transition
Following the Australian Competition and Consumer Commission’s (ACCC) Digital Platform Services inquiry in 2019, and the Treasury’s recent follow-up consultation the Telecommunications Industry Ombudsman (TIO) placed a submission late February 2023 to expand their remit from telecommunications to digital platform services (e.g. search engines, apps). The TIO has supported the proposal for a Digital Platforms…
Read More TIO Submission for Digital Platforms Ombudsman
The Queensland Consumers Association has made a submission to the Senate Select Committee on the Cost of Living which is inquiring into: the cost of living pressures facing Australians; the Government’s fiscal policy response to the cost of living; ways to ease cost of living pressures through the tax and transfer system; measures to ease…
Read More Queensland Consumers Association Makes Submission to Senate Cost of Living Inquiry
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This is a media release from the Australian Competition and Consumer Commission. It was originally published on March 7th 2023 and can be found on the ACCC website here, with graphs. Domestic airfares have declined from historic highs at the end of 2022; however, they remain above 2019 prices, the ACCC’s latest Airline Competition in Australia…
Read More Domestic airfares fall but prices remain above pre-pandemic levels
This is a media release from the Australian Competition & Consumer Commission (ACCC). It was originally published on 7th March 2023. Consumer and competition issues in essential services, environmental claims and sustainability, financial services and other critical areas will be among the ACCC’s compliance and enforcement priorities during 2023-24, ACCC Chair Gina Cass-Gottlieb announced today. Unveiling the ACCC’s annual…
Read More ACCC competition and consumer issues in essential services, sustainability among 2023-24 compliance and enforcement priorities
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More than 15,000 potentially unsafe products were delisted by online marketplaces signed up to the ACCC’s Australian Product Safety Pledge last financial year, with 98 per cent of regulator-initiated take down requests actioned within 2 days. Pledge signatories also used artificial intelligence, image recognition and automated scanning to prevent hundreds of thousands of unsafe products…
Read More Product Safety Pledge removes thousands of dangerous items from online marketplaces
