The Latest Breaking News from ACCC

Petrol could fall below $1.85 a litre as global prices for crude oil slide. But are retailers passing on the falls?

Get up to speed on today's headlines with The Loop.

Scammers raked in $4.2 million through pet-related fraud in 2021, an increase of more than 1000 per cent since the beginning of the pandemic.

Australian consumers and businesses lost more than A$2 billion to scams in 2021, according to the Australian Competition and Consumer Commission’s (ACCC) annual Targeting Scams report released on Monday. This figure should sounds alarm bells – it’s more than double the $851 million reported lost in 2020.

Scammers stole more than $2 billion from Australians last year — more than double the amount from 2020. Here's why losses from scams are going up so fast.

Automotive servicing firm Ultra Tune has been accused by the ACCC of contempt of court after being hit with a $2 million penalty for a franchisee rort.

The federal government has labelled the Morrison government's plans to spend $250million to establish a container terminal at the port of Newcastle as a 'cruel hoax', as it comes under pressure to financially support the project.

Dreaming of taking a long drive this weekend? Even with the government halving the fuel excise to 22 cents a litre, petrol prices are still high. So what's going on?

A court penalized Samsung Electronics Co, Ltd's (OTC:SSNLF) Australian unit A$14 million ($9.65 million) for nine misleading advertisements regarding a water-resistance feature in some of its smartphones, Reuters reports citing Australia's competition regulator. Between March 2016 and October 2018, Samsung Australia ran advertisements showcasing the water-resistant feature, making them ideal for pools or sea…