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The Latest Breaking News from ACCC

ANZ’s $4.9 billion Suncorp takeover will now go ahead. Is the government sending mixed messages on business competition?

Two years after the deal was first announced, Treasurer Jim Chalmers has today given the green light for ANZ to acquire the banking arm of Queensland-based insurer Suncorp.

The Conversation

Virtual reality tech, batteries named in safety probe

Battery-powered products and new kinds of consumer gadgets will be closely examined by Australia's consumer watchdog as a top priority.

AAP

Australia’s ‘broken’ childcare system blamed for cost-of-working crisis. What needs to change?

With Labor’s more generous subsidies largely eroded by rising fees, many are now pushing for major reform

The Guardian - AU

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Win for dudded savers as banks forced to alert changes

A suite of changes to banking regulations should make it easier for customers to move to more competitive home loan and saving account offers.

AAP

ACCC flags concerns over $8.8b Chemist Warehouse merger

The Australian Competition and Consumer Commission says it has preliminary competition concerns about the $8.8 billion merger, and is soliciting feedback.

AAP

Canberra fuel still most expensive in the country, report finds

Drivers are still being bled dry at the fuel bowser.

The Canberra Times

LG battery recall ramps up as 4400 homes remain at risk

Faulty solar batteries that have caused house fires are still being used in thousands of Australian homes, forcing LG to intensify recall efforts.

AAP

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‘Insidious and unsavoury’: how private debt collectors push vulnerable Australians to breaking point

Victims say they have been subjected to constant phone calls, harassment of friends and family members – and even misleading and false threats

The Guardian - AU

Know your rights: what to do if you receive a call from a debt collector

As the cost-of-living crisis drives more people to financial stress, it helps to understand the rules that cover debt collecting

The Guardian - AU

Worried your address, birth date or health data is being sold? You should be – and the law isn’t protecting you

Australians don’t know and can’t control how data brokers are spreading their personal information. This is the core finding of a newly released report from the Australian Competition and Consumer Commission (ACCC).

The Conversation

MasterChef Has Been Referred To The ACCC For Its Rather Cooked ‘Renewable Gas’ Sponsorship

The heat is turning up.

Pedestrian.tv

No port regulation means users pay and keep paying

MONOPOLY POWER: Mining industry warns future customers of hefty fee increases

Newcastle Herald

MasterChef Australia fans being deceived by ‘renewable gas’ campaign, climate advocates tell watchdog

Comms Declare asks ACCC to investigate show sponsor Australian Gas Networks for alleged greenwashing

The Guardian - AU

Nine’s AFR print edition to cease in WA after Seven’s press doubles production price

Seven says decision purely commercial but Financial Review editor accuses rival company of ‘abuse of market power’

The Guardian - AU

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The Guardian - AU

Vanessa Hudson has provided a soft landing for Qantas as the airline cuts deal with ACCC

While the new CEO has stemmed some of the reputational damage of the past, the $120m fine is a clear success for the ACCC

The Guardian - AU

Qantas to pay $120m for allegedly selling tickets to flights that had already been cancelled

The airline agrees to a $100m fine and to repay $20m to customers in settlement with the ACCC

Top News

Qantas Airways Fined Million For Flight Cancellations

Qantas Airways faces a million penalty for flight cancellations, highlighting the importance of consumer protection in the travel industry.

The Guardian - AU

The Australian government wants to stop online harm fuelling violence and division. What can it do?

Age verification technology and a ‘tech tax’ are among the proposals to address misinformation and misogynist content

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AAP

Too much local love 'will hurt' new industry chances

The former head of the ACCC has warned against an ad hoc approach that could mean Australia misses out on opportunities in the clean energy transition.

The Guardian - AU

Australian music insiders take aim at ‘tick-a-box’ government funding for festivals

Co-founder of Oztix says events run by companies ultimately owned by multinationals should not be propped up by Australian taxpayers

AAP

Bunnings baulks at firmer rules around plant suppliers

Hardware giant Bunning Warehouse could be included in a mandatory code of conduct aimed at major supermarkets, with concerns raised about plant suppliers.

The Guardian - AU

Firms would have been less able to accelerate prices and inflation with proposed competition policy, Chalmers says

Treasurer says proposed reforms would mean ‘more confidence’ in mergers scrutinised by the ACCC

AAP

'Hit and miss' merger rules reworked in major shake-up

Sweeping changes to merger rules have been welcomed by the national competition regulator and received a wary but hopeful response from big business.

The Guardian - AU

Labor targets unfair company mergers in competition policy overhaul

‘Reforms that address the decline in competition can deliver big economic benefits,’ treasurer to tell ACCC

AAP

Wealth guru misled clients with 'deceptive' programs

Students undergoing wealth and property programs have been left disappointed after a businesswoman's broken promises for real estate success.

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