Everyday Consumer

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From the Australian Competition and Consumer Commission: The ACCC has been working to implement strategies to prevent injuries and deaths caused by toppling furniture. Following a recommendation made by the ACCC, on 3 May 2024 the Assistant Treasurer made the Consumer Goods (Toppling Furniture) Information Standard 2024 (the Information Standard). To give suppliers time to…

Read More Toolkit for Toppling Furniture Information Standard Released

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The ACCC has outlined preliminary competition concerns with Sigma Healthcare Limited’s (ASX: SIG) proposed acquisition of Chemist Warehouse Group Holdings in a Statement of Issues published today. “This is a major structural change for the pharmacy sector, involving the largest pharmacy chain by revenue merging with a key wholesaler to thousands of independent pharmacies that…

Read More Proposed Merger Raises Concerns Over Pharmacy Sector Competition

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Today the Albanese Government will join a cutting?edge intel exchange between Australian banks, telecommunications companies, digital platforms, and the Australian Financial Crimes Exchange (AFCX). The National Anti Scam Centre will join the AFCX intel loop, which enables near real time data sharing between participants about the latest tactics and tools used by scammers. The partnership…

Read More Government Joins Cutting Edge Anti-Scam Intel Exchange

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The number of consumer complaints in Western Australia relating to studio photography businesses has risen sharply in 2024, prompting Consumer Protection to issue a warning. Last year, eight complaints were received, with similar numbers seen in 2022. Eight complaints have already been received this year with issues raised including potential misleading and deceptive conduct, harassment…

Read More Consumer Protection Warns Against ‘predatory’ Studio Photographers

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Charities work across multiple sectors, but the Australian Charities Report is of strategic importance as it aggregates charity data (from 51,536 charities) to provide a holistic picture or ‘sector-wide’ view. Cost of living increases impact charities Our [the Australian and Not-for-Profits Commission or ACNC] data shows that cost of living issues had an impact on…

Read More ACNC Releases the 10th Edition of the Australian Charities Report

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The Albanese Government is establishing the Insurance Affordability and Natural Hazards Risk Reduction Taskforce as part of the federal budget to develop an integrated, cross?government approach to minimising the impacts of disaster on the community and help address insurance costs driven by more frequent and intense weather events. The government is committed to working with insurers and…

Read More Insurance Affordability and Natural Hazards Risk Reduction Taskforce

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Australians are being urged to directly seek financial hardship assistance from their bank or lender, as new nationwide research released by ASIC’s Moneysmart sheds light on the state of financial hardship in Australia. The research found that 47% of Australian adults with debt, the equivalent of 5.8 million people, have struggled to make repayments in…

Read More Research Finds Millions Experience Hardship, Yet Many Don’t Ask for Help

Fraud Alert

Consumers are being warned to beware of anyone instructing them to download software or an app over the phone, following a recent rise in reported losses to remote access scams. Australians reported losing $15.5 million to remote access scams in 2023. Reported losses to remote access scams in the first quarter of 2024 increased by…

Read More Scammers Claiming to Fix Technical Issues in ‘Remote Access Scams’

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Dangers to pedestrians at zebra crossings from collision with vehicles particularly at night are a concern.  It’s easy to become complacent about safety, especially on a familiar route. Taking risks and not being mindful on the roads can have serious consequences, find out more about Staying safe as a pedestrian on the NSW Centre for…

Read More Have your say – Lighting of Pedestrian Crossings

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The industry codes will start with banks, telcos, social media, digital messaging and search advertising services, and will require these groups to have measures in place to prevent, detect, disrupt, respond and report scams.

This will be complemented by strong regulator enforcement action, penalties for non?compliance, and victim compensation where wrongdoing occurs.

Read More Albanese Government to Introduce Mandatory Anti-Scam Industry Codes