Regulator News Archives - Page 4 of 67 - Consumers' Federation of Australia

8 August , 2024

Consultation on TIO’s Proposed Changes to the Terms of Reference

The Telecommunications Industry Ombudsman (TIO) is proposing amendments to their Terms of Reference in response to the 2022 Independent Review, correcting drafting issues, and recent legislative change. From the TIO (original here): The proposed changes are limited to responding to recent legislative change, implementing recommendations from the 2022 Independent Review and correcting drafting issues. We…

6 August , 2024

Advocates Continue Call for Reimbursement Policy as Scam Complaints to AFCA go ‘off the charts’

The Australian Financial Complaints Authority (AFCA) received a record number of complaints in 2023-24 after disputes to the ombudsman service increased 9 per cent to more than 105,000 for the year. Complaints about scams, online and personal transaction accounts, credit cards, and personal loans all saw significant increases. Consumer Action Law Centre CEO Stephanie Tonkin…

2 August , 2024

Telco Accessibility Taskforce Accepting Expressions of Interest

The Telecommunications Industry Ombudsman is establishing a Telco Accessibility Task Force to remove the barriers to effective dispute resolution in the telecommunications industry and improve the industry’s ability to address consumer issues. We are calling for expressions of interest to join the Task Force from cross-sector leaders and decision-makers at telecommunications providers, consumer groups, relevant…

26 July , 2024

New Research Highlights Sorry State of Consumer Experience and Trust with Telcos

New research commissioned by the Telecommunications Industry Ombudsman (TIO) shows more than 75 percent of Australians have experienced some form of vulnerability in the last 12 months. The research, produced via a partnership between the Consumer Policy Research Centre (CPRC) and the TIO unearthed a suite of sobering assessments in relation to the vulnerability of the consumer…

5 July , 2024

Advocates Argue for Direct Regulation of Communication as an Essential Service

The ACCC response to the latest draft of the Telecommunications Consumer Protections (TCP) Code validates long-held consumer concerns about the suitability of self-regulation to protect telecommunications consumers. The Australian Communications Consumer Action Network (ACCAN) welcomes and supports the comments of the Australian Competition and Consumer Commission (ACCC) on the May 20 draft of the TCP…

3 July , 2024

Telstra and Optus Cooperate with ACCC Google Search Services Investigation

The ACCC has accepted undertakings from Telstra and Optus as part of the ACCC’s ongoing competition investigation into Google’s search services in Australia. During the investigation into Google’s conduct, the ACCC became aware of agreements that Google had initiated and entered into with Telstra and Optus, which meant Google’s search services were pre-installed as the…

3 July , 2024

New ‘Designated Complainants’ Appointed by Albanese Government

The Albanese Government has approved three consumer and small business advocates as designated complainants. Designated complainants will be able to submit complaints to the Australian Competition and Consumer Commission (ACCC) about significant or systemic market issues affecting Australian consumers or small businesses. When a designated complaint is lodged, the ACCC will be required to consider…

2 July , 2024

Consent expectations for businesses using direct marketing

The ACMA has today released a Statement of Expectations on the use of consumer consent to provide guidance to businesses that undertake email, SMS, and telephone marketing. The Statement sets out steps for businesses to ensure they have consumer consent before conducting telemarketing and e-marketing. It is an outcome-focused guide to better practice – designed to…

26 June , 2024

Advocates Welcome Sanctioning of Westpac for Branch Closure

Financial Counselling Australia welcomes the sanctioning of Westpac for breaching the Banking Code of Practice when it closed its branch in Tennant Creek. The branch was suddenly shut in September 2022 leaving some customers with no access to money. “It was a complete mess and done with no consultation. Some people were unable to buy…

21 June , 2024

ACCC Releases Final Report on Regulation of Mobile Terminating Access Service

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…

20 June , 2024

CHOICE Supermarket Basket Survey Reveals Clear Winner

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

5 June , 2024

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

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…