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The ACCC has released its final report outlining the findings of its inquiry into whether the domestic mobile terminating access service should continue to be regulated. Access to telecommunications services in Australia is usually unregulated unless the services are declared. In deciding whether to declare a service, the ACCC must be satisfied that declaration will…

Read More ACCC Releases Final Report on Regulation of Mobile Terminating Access Service

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Events can be high profile and transient, with both positive and negative social, economic and environmental impacts. Sustainable event management includes consideration of these impacts, taking into account the needs of all stakeholders. The revised draft standard AS ISO 20121:2024 Events sustainability magement systems – Requirements with guidance for use can ensure you can have…

Read More Events – Can they be Sustainable?

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Consumer group CHOICE has today released its first quarterly, government-funded report on supermarket prices across Australia. 

As part of the research, CHOICE sent mystery shoppers to 81 regional and metropolitan supermarkets across the country, including Aldi, Woolworths, and Coles, to record prices for 14 common grocery items. 

Read the full story here: www.choice.com.au/cheapestgroceries

Read More CHOICE Supermarket Basket Survey Reveals Clear Winner

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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

Consumer Protection

The Parliamentary Joint Committee on Corporations and Financial Services is conducting an inquiry into the wholesale investor test for offers of securities and the wholesale client test for financial products and services in the Corporations Act 2001. This is a very important inquiry for consumers because: The inquiry’s Terms of Reference, submissions, etc. are available here.…

Read More Consultation on Inquiry into the Wholesale Investor and Client Tests in the Corporations Act

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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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New laws regulating Buy Now, Pay Later (BNPL) have been announced today. Consumer groups respond as follows: Quotes attributable to Stephanie Tonkin, CEO of Consumer Action Law Centre “We welcome the Albanese Government’s new laws that regulate Buy Now, Pay Later as credit and introducing consumer protections. “Every day we speak to people in financial…

Read More Consumer Groups Welcome New Credit Regulations for Buy Now, Pay Later

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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

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The non-confidential written submissions on the ACCC’s Issues Paper for its Supermarkets Inquiry 2024-25 are now available here. Most of the submissions were from industry organisations and supermarkets. However, there were several consumer focused submissions including one from CFA (which several members signed onto) and individual submissions by the following CFA members: CHOICE, Combined Pensioners…

Read More ACCC Publishes Supermarkets Inquiry Submissions

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CFA is represented on the ASIC Consumer Consultative Panel (CCP) and is seeking a new CFA representative to fulfil this role. The CCP assists ASIC to identify current and emerging consumer issues in the sectors we regulate; provides feedback on proposed regulatory changes; and through an evidence base of practical experience, inform the development and…

Read More Consumer Representative Opportunity: ASIC Consumer Consultative Panel

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The ACCC has granted authorisation with conditions to the Australian Banking Association (ABA), the Customer Owned Banking Association, banks, retailers and other industry participants to allow them to continue developing responses to support the distribution of cash across Australia. This follows concerns expressed by the major supplier of cash-in-transit services in Australia, Armaguard, that the…

Read More Bank Industry to Continue Cash Transit Collaboration