Australian competition regulator
Western Australia's King River Tavern dumps electronic payments to ensure cash remains king
abc.net.au/news/2024-04-17/king-river-tavern-wa-cash-only-no-electronic-payment-costs/103730360
"Prices Dropped", "Super Savers", "Member Price" — you may have seen these promo labels at your local supermarket ... Show more
Woolworths, Coles and Aldi accused of using promotional labels that confuse and may mislead supermarket shoppers - ABC News
ABC News App - ABC News (Australian Broadcasting Corporation) - ABC News
Woolworths, Coles and Aldi accused of using promotional labels that confuse and may mislead supermarket shoppers - ABC News
ABC News App - ABC News (Australian Broadcasting Corporation) - ABC News
What is being done to crack down on text scammers in Australia? It's the most popular scam delivery method by far, according to figures from the consumer ... Show more
What is being done to crack down on text scammers in Australia? - ABC News
ABC News App - ABC News (Australian Broadcasting Corporation) - ABC News
What is being done to crack down on text scammers in Australia? - ABC News
ABC News App - ABC News (Australian Broadcasting Corporation) - ABC News
Australians eat more chicken than any other meat but growers say they are "going backwards" financially.
Chicken farmers are crying fowl and want a ... Show more
Australia's chicken farmers cry fowl with claims of unscrupulous trading practices by processors - ABC News
ABC News App - ABC News (Australian Broadcasting Corporation) - ABC News
Australia's chicken farmers cry fowl with claims of unscrupulous trading practices by processors - ABC News
ABC News App - ABC News (Australian Broadcasting Corporation) - ABC News
Local Facebook profits soar amid bargaining code stand-off: The social media giant increased its spending estimates for the year, once again raising questions ...
smh.com.au/business/companies/meta-predicts-higher-spending-weaker-sales-as-it-pushes-into-ai-20240425-p5fmf6.html
Quick Glance: Meta Quarterly Results: Revenue Expectations Lowered, Stock Fell
- Meta's quarterly results exceeded expectations, but the revenue forecast for the next quarter was lowered.
- Despite successful ad business and increasing user numbers, Meta's stock experienced a drop of over 10 percent.
- Analysts caution about Meta's reduced revenue expectations for the second quarter, leading to investor skepticism.
- Zuckerberg plans to significantly increase investments in AI models in the coming years to enhance Meta's leading position in the artificial intelligence domain.
Warning over fake delivery emails targeting Australians:
9news.com.au/national/scams-in-australia-hackers-online-email-texts-targeting-innocent-people-in-pictures/eaf2016c-b71f-42d5-ab20-c5ce51880b04
ACCC calls for stronger protection laws as more fires are being sparked by lithium-ion batteries.Lithium batteries can explode in circumstances including ... Show more
ABC News App - ABC News (Australian Broadcasting Corporation) - ABC News
ABC News App - ABC News (Australian Broadcasting Corporation) - ABC News
ACCC calls for stronger protection laws as more fires are being sparked by lithium-ion batteries
abc.net.au/news/2024-04-24/lithium-ion-battery-laws-in-queensland-risk-fires/103753436
ACCC takes GLAD-bag manufacturer to court over 'ocean plastic' claims: Australia's competition watchdog has taken the manufacturer of GLAD bags to court ...
9news.com.au/national/australian-competition-and-consumer-commission-initiates-federal-court-proceedings-against-glad-bag-manufacturer-clorox-australia-over-ocean-plastic-claims/f9ffd838-9d71-4570-9e6b-94ed387fbc02
SA media companies turn to access to information law to hold tech giants to account
dailymaverick.co.za/article/2024-04-22-sa-media-companies-turn-to-access-to-information-law-to-hold-tech-giants-to-account/
Price labelling from Australia's big supermarket chains has been deemed "confusing at best" by consumer watchdog CHOICE ... Show more
ABC News App - ABC News (Australian Broadcasting Corporation) - ABC News
ABC News App - ABC News (Australian Broadcasting Corporation) - ABC News
‘Prices dropped’: supermarket discount labels are confusing shoppers, Choice tells ACCC inquiry
theguardian.com/australia-news/2024/apr/23/choice-accc-supermarkets-confusing-discount-labels-woolworths-coles-aldi-senate-inquiry
Consumer watchdog refuses to certify green labelling scheme: The ACCC has not certified a key federal government program used by more than 500 companies to ...
theage.com.au/business/the-economy/consumer-watchdog-refuses-to-certify-green-labelling-scheme-20240422-p5flq3.html
The ACCC will be hauled in front of a senate inquiry today, to explain how and to what extent consumers are being misled into buying so-called 'sustainable' ... Show more
ABC News App - ABC News (Australian Broadcasting Corporation) - ABC News
ABC News App - ABC News (Australian Broadcasting Corporation) - ABC News
Uber is winning the rideshare war, but our addiction to the app may backfire: Despite years of controversy and frustration, Australians can’t seem to get enough ...
theage.com.au/national/uber-is-winning-the-rideshare-war-but-our-addiction-to-the-app-may-backfire-20240418-p5fkqv.html
Australia's cash availability crisis creating an NZ monopoly: Hit by low demand for physical money, Australian cash-in-transit giant Armaguard is selling ...
newsroom.co.nz/2024/04/17/australias-cash-availability-crisis-is-creating-a-nz-monopoly/
Bad news if your home has one of these: One of Australia’s largest smoke alarm companies left hundreds of thousands of documents containing sensitive customer ...
news.com.au/technology/online/security/homeowners-urged-to-be-vigilant-for-scams-after-shocking-data-breach-at-major-smoke-alarm-provider/news-story/d78807173d75731099a60b23206cde85
Couple loses $800k to rising scam method: Australians have been warned to triple check their invoices amid a surge in payment redirection scams ...
news.com.au/technology/online/hacking/accc-warns-of-surge-in-payment-redirection-scams-as-aussies-lose-162-million/news-story/4ea72d928ac8bca0a7132bdb43850272
Australia's cash availability crisis creating an NZ monopoly: Hit by low demand for physical money, Australian cash-in-transit giant Armaguard is selling ...
newsroom.co.nz/2024/04/17/australias-cash-availability-crisis-is-creating-a-nz-monopoly/
Nightclub‘s ‘ridiculous’ sign slammed: A Melbourne CBD nightclub has been chastised over its “ridiculous” EFTPOS surcharge rate which more than doubles most ...
news.com.au/finance/business/retail/popular-melbourne-nightclub-brown-alley-criticised-over-alleged-five-per-cent-surcharge-on-all-transactions/news-story/99f710e21e9f860a9015d814f8385b1b
‘Fail’: Aussie destination is being ‘boycotted’: Hamilton Island is one of Australia’s most popular tourist spots having attracted the likes of celebrities ...
news.com.au/travel/travel-updates/travel-stories/aussie-hotspot-blasted-for-cashless-move/news-story/a2aa37cd6aed6f08b5c085dfab03185a
Whistleblower lifts the lid on Coles, Woolworths price gouging tactics: The bosses of Australia's biggest supermarkets are bound for Canberra set to appear ...
9news.com.au/national/whistleblower-lifts-the-lid-on-coles-woolworths-price-gouging-tactics/ead6b45f-4d20-44e9-8ae7-f0b3d85328f5
Big W vacuum recalled over fire hazard fears: The vacuum was sold at online and in-person Big W stores between March 15 2022 and October 11 2023.
9news.com.au/national/big-w-vacuum-recalled-over-fire-hazard-fears/06abae94-3e4b-4321-8ad6-b42332d334f4
Australian victim of fraud syndicate advertising on Facebook on a mission to stop others being burned
abc.net.au/news/2024-04-15/australians-falling-for-facebook-fake-ads-online-trading-scams/103640678
Suppliers swamped with deals as supermarket grace period ends: One supplier told Newsroom it was handling 'dozens and dozens' of varying agreements in ...
newsroom.co.nz/2024/04/11/suppliers-swamped-with-deals-as-supermarket-grace-period-ends/
What if Facebook had to provide a certain number of news posts in the feed of its users?
This is the question being floated by former ACCC Chair Rod Sims to ... Show more
ABC News App - ABC News (Australian Broadcasting Corporation) - ABC News
ABC News App - ABC News (Australian Broadcasting Corporation) - ABC News
Fears new merger laws ‘could be costly’ for smaller firms: The proposed reforms will make it harder for deals to go ahead in markets dominated by a handful of ...
theage.com.au/business/companies/concern-new-merger-laws-could-be-costly-reduce-transparency-20240410-p5fip2.html
Political rhetoric on supermarkets went further than mandatory code: The first of an array of inquiries aimed at promoting competition has arrived and raised ...
smh.com.au/politics/federal/political-rhetoric-on-supermarkets-went-further-than-mandatory-code-20240407-p5fhyk.html
Quick Glance: Report Recommends Stricter Rules for Supermarkets and Higher Penalties for Violations
- Recommendation to introduce a mandatory code of conduct for supermarkets
- Companies should face financial penalties of up to A$10 million or 10% of revenue for non-compliance
- No endorsement of granting regulatory powers to break up large supermarket chains
- Proposal for tougher rules and higher penalties for supermarkets in report
Australia's competition watchdog, the ACCC, will be given far stronger powers to prevent companies making repeated under-the-radar acquisitions that could harm ... Show more
ABC News App - ABC News (Australian Broadcasting Corporation) - ABC News
ABC News App - ABC News (Australian Broadcasting Corporation) - ABC News
Costly childcare’s a slippery slope. So why haven’t we learnt?: The faults in Australia’s childcare model have been obvious for years. It’s time for a sweeping ...
smh.com.au/business/the-economy/costly-childcare-s-a-slippery-slope-so-why-haven-t-we-learnt-20240409-p5fify.html
Australia tightens ‘hit and miss’ merger rules amid fears of reduced competition: Treasurer Jim Chalmers warns economy is not ‘competitive enough as it stands’
ft.com/content/1656c220-198f-46a9-854b-0e298d276a19
Supermarket prices under pressure in new grocery code: Treasurer Jim Chalmers said the government would reform competition rules for supermarkets to drive down ...
theage.com.au/politics/federal/supermarket-prices-under-pressure-in-new-grocery-code-20240408-p5fi39.html
Australia has a high and rising level of market dominance by big firms and it's been costing us all
abc.net.au/news/2024-04-10/chalmers-accc-merger-laws-verrender-analysis/103691554
Sick of extra fees online? It's drip pricing, and Canadian shoppers are fighting back
timescolonist.com/local-news/sick-of-extra-fees-online-its-drip-pricing-and-canadian-shoppers-are-fighting-back-8566353
Australia news LIVE: Supermarkets face huge fines after review; AUKUS could expand to include Japan
smh.com.au/national/australia-news-live-supermarkets-face-huge-fines-after-review-aukus-could-expand-to-include-japan-20240408-p5fi22.html
What would Facebook look like without any news?: Last time Meta banned news, it removed the Facebook pages of charities, emergency services and hospitals ...
smh.com.au/technology/what-would-facebook-look-like-without-any-news-20240328-p5ffxc.html
New NDIS taskforce to investigate providers overcharging disability participants: NDIS participants exploited by unfair price hikes can now report price gouging ...
abc.net.au/news/2024-03-24/accc-taskforce-launches-to-investigate-ndis-overcharging/103625488
Jetstar cancelled Jacqueline’s flight. It offered to fly her home two days later: Flights delays and cancellations are testing the patience of Australian air ...
smh.com.au/business/consumer-affairs/jetstar-cancelled-jacqueline-s-flight-it-offered-to-fly-her-home-two-days-later-20240306-p5fadn.html
Australia Post's letter price hike won't be opposed by consumer watchdog: The ACCC has confirmed it will not oppose Australia Post's 25 per cent price ...
9news.com.au/national/accc-will-not-oppose-australia-post-letter-price-hike/c67f13ae-68ba-46f6-94bd-3f3f1d98ee35
Doctors back ban on suntan oil ads luring TikTok, Instagram users: Australian Medical Association president Steve Robson said he had thought the country had ...
smh.com.au/national/doctors-back-ban-on-suntan-oil-ads-luring-tiktok-instagram-users-20240310-p5fb62.html
Woolworths' new CEO Amanda Bardwell facing one key challenge, say experts — winning back the public
abc.net.au/news/2024-02-25/amanda-bardwell-woolworths-ceo-key-challenge/103499294
Coles drops prices on hundreds of items: Coles will lower the cost of more than 300 products across its meat, bakery and pantry categories in a cost-of-living ...
news.com.au/lifestyle/food/eat/coles-drops-prices-on-more-than-300-products-across-meat-bakery-and-pantry-goods/news-story/e26cc8186f6e36f8ea3236695789bb80
From dance instructors to boilermakers: Labor says non-compete clauses are holding back wages
theguardian.com/australia-news/2024/apr/04/labor-andrew-leigh-speech-franchise-business-non-compete-clauses-suppress-wages
The Opposition is threatening to break up the power of our major supermarkets, in a bid to get a better deal for consumers. #9News MORE: ACCC: Younger Aussies make sacrifices after spending one-quarter of income on groceries
Younger Aussies make sacrifices after spending one-quarter of income on groceries
9news.com.au/national/accc-supermarket-prices-force-consumer-sacrifices/e31eb7d0-34b1-46c7-b973-6ec1d51ca516
Greens’ supermarket-busting bill labelled ‘extreme’ by business, but has Liberal backer
smh.com.au/politics/federal/greens-supermarket-busting-bill-labelled-extreme-by-business-but-has-liberal-backer-20240324-p5fet0.html
Australian-owned banks can't explain 'persistently high profits', says Commerce Commission report
newsroom.co.nz/2024/03/21/commerce-commission-delivers-draft-report-on-personal-banking-competition/
Australian-owned banks can't explain 'persistently high profits', says Commerce Commission report
newsroom.co.nz/2024/03/21/commerce-commission-delivers-draft-report-on-personal-banking-competition/
Urgent recall for popular Kmart pyjamas: One of Australia’s largest retail brands has issued an urgent recall for a popular boys’ sleepwear product over fears it ...
news.com.au/lifestyle/parenting/kids/kmart-recalls-dinosaur-twopiece-kidss-sleepwear-set-over-fire-safety-fears/news-story/6b42953a467f31d792aaf91e0b6c0990
Watchdog would get powers to ‘smash’ supermarket duopoly under Greens bill: The party will table a private senator’s bill this week to enable the ACCC to force ...
theguardian.com/australia-news/2024/mar/19/watchdog-would-get-powers-to-smash-supermarket-duopoly-under-greens-bill
The government is picking fights on prices for consumers, but can it land a punch?
abc.net.au/news/2024-02-24/government-picking-fights-competition-reform/103504948
The Nationals have thrown their support behind Greens legislation which would give regulators the power to break-up the supermarket duopoly ... Show more
ABC News App - ABC News (Australian Broadcasting Corporation) - ABC News
ABC News App - ABC News (Australian Broadcasting Corporation) - ABC News
Allan Fels wants to shake up Sydney toll roads. But it’s politically risky: The former ACCC chairman’s proposals to reform the city’s tolling system are littered ...
smh.com.au/national/nsw/allan-fels-wants-to-shake-up-sydney-toll-roads-but-it-s-politically-risky-20240311-p5fbhy.html
“They treat everyone like a potential criminal." 😬 Full story: Coles trials security tags on meat products to combat theft | news.com.au — Australia’s leading news site
New ACCC figures show sharp rise in older people being fleeced in social media scams
abc.net.au/news/2024-03-13/scam-report-crackdown-social-media-older-people-scamwatch-accc/103578218
Frydenberg urges Labor to negotiate with Zuckerberg over media deal: The former federal treasurer, now the Goldman Sachs Australia chairman ...
theage.com.au/business/companies/frydenberg-urges-labor-to-negotiate-with-zuckerberg-over-media-deal-20240312-p5fbs6.html
Facebook exit would be an ‘existential moment’ for media, Costello warns: Meta’s decision to pull almost $70 million in annual revenue for news organisations ...
theage.com.au/business/companies/facebook-exit-would-be-an-existential-moment-for-media-costello-warns-20240311-p5fbij.html
Deep discounts v good deals: How IKEA, Kmart and Aldi win when we spend less: In an economic environment where cost-of-living pressures are high ...
theage.com.au/business/companies/deep-discounts-vs-good-deals-how-ikea-kmart-and-aldi-win-when-we-spend-less-20240305-p5f9z1.html
Tesla quits major Australian auto lobby over its ‘false claims’ about government’s clean car policy
theguardian.com/australia-news/2024/mar/07/tesla-quits-major-australian-auto-lobby-over-its-false-claims-about-governments-clean-car-policy
Facebook angers Australia with plan to stop paying for news content - Companies - The Jakarta Post
thejakartapost.com/business/2024/03/04/facebook-angers-australia-with-plan-to-stop-paying-for-news-content.html
Meta is ending its deals to pay for Australian news content. This is how it could change your Facebook and Instagram feeds
abc.net.au/news/2024-03-02/facebook-google-news-media-deal-media-pay-meta/103534342
Quick Glance: Albanian Government Condemns Meta's Withdrawal from Facebook News Deal
- The federal government has rebuked Meta for cutting off news content deals, impacting Australian journalism sustainability.
- Meta's decision to scrap news content deals will cost local media millions, prompting government action.
- Government signals intent to use news media bargaining code to negotiate with Meta.
Job losses and potentially ‘dire’ impact on regional media from Meta’s news exit: Australian Community Media boss Antony Catalano warns of job losses in regional ...
theage.com.au/business/companies/job-losses-and-potentially-dire-impact-on-regional-media-from-meta-s-news-exit-20240307-p5faik.html
The Australian Competition and Consumer Commission has revealed HSBC customers have lost 6.3 million dollars in eight months to a sophisticated scam purporting ... Show more
States sign up for new competition agenda to lift wages: A closed-door meeting of competition experts has been held to discuss the federal government’s plans to ...
theage.com.au/politics/federal/states-sign-up-for-new-competition-agenda-to-lift-wages-20240307-p5falr.html
Australian HSBC customers demand action over $6.3m 'spoofing' scam : Australians are continuing to lose their life savings to a long-running "spoofing" scam ...
abc.net.au/news/2024-03-08/hsbc-customers-demand-spoof-scam-action/103549516
TikTok, Apple News and Instagram should be included in news media bargaining code, Greens say
theguardian.com/media/2024/mar/05/meta-facebook-news-australia-changes-greens-tiktok-apple-news-instagram-included
Competition watchdog to call for power of mandatory disclosure in investigations: ACCC chief Gina Cass-Gottlieb wants legislation changed to enable it to force ...
theguardian.com/australia-news/2024/mar/06/competition-watchdog-to-call-for-power-of-mandatory-disclosure-in-investigations
I couldn’t wait for the supermarket price gouging inquiry, so I conducted my own: A trip to the food market confirmed our worst fears, that cost-of-living woes ...
theage.com.au/business/the-economy/i-couldn-t-wait-for-the-supermarket-price-gouging-inquiry-so-i-conducted-my-own-20240303-p5f9g4.html
Pressure mounts on Facebook to be part of solution to ‘problem they’ve caused’: Former competition regulator Allan Fels says the federal government should use ...
smh.com.au/politics/federal/pressure-mounts-on-facebook-to-be-part-of-solution-to-problem-they-ve-caused-20240304-p5f9sw.html
New regulations ‘will open the floodgates’ on SMS scams: Telstra, TPG and Optus are on a rare unity ticket fighting against proposed changes they say will lead ...
theage.com.au/technology/new-regulations-will-open-the-floodgates-on-sms-scams-20240301-p5f907.html
Competition Commission calls out X/Twitter for refusal to participate in media and digital platforms inquiry
dailymaverick.co.za/article/2024-03-04-competition-commission-calls-out-x-twitter-for-refusal-to-participate-in-media-and-digital-platforms-inquiry/
The 5 biggest corporate greenwashing fines: Several major corporations have been caught greenwashing — and had to pay for it with hefty fines
theweek.com/environment/corporate-greenwashing-fines
If Meta’s intransigence isn’t enough, AI poses an even greater threat to journalism
theguardian.com/commentisfree/2024/mar/02/if-metas-intransigence-isnt-enough-ai-poses-an-even-greater-threat-to-journalism
Huge Aussie retailer sued over deliveries: BREAKING
news.com.au/finance/business/retail/huge-aussie-retailer-sued-over-delivery-failure/news-story/89c425ea86f0dc96b183e864d935ac67
Frustrated Donald Trump Jr fans say they’re still waiting for refund to delayed Australian shows
theguardian.com/us-news/2024/feb/29/donald-trump-jr-australia-tour-2023-ticket-refunds-waiting-brisbane-melbourne
Reform planning laws to stamp out monopolies, assistant minister for competition says
theage.com.au/business/the-economy/reform-planning-laws-to-stamp-out-monopolies-assistant-minister-for-competition-says-20240223-p5f7ai.html
Woolworths CEO quits as supermarket giant increases half-year profit to almost $1bn
theguardian.com/business/2024/feb/21/woolworths-ceo-brad-banducci-quits-to-resign-september
Quick Glance: New CEO Announced for Woolworths
- Brad Banducci steps down as CEO after eight years.
- Banducci retires in September.
- Amanda Bardwell to become CEO and Managing Director from September 1.
- Scott Perkins praises Banducci's leadership during Woolworths' transformation.
$1b for journalism at risk in new warning over Google, Facebook: Former treasurer Josh Frydenberg and former competition boss Rod Sims have urged the Albanese ...
smh.com.au/politics/federal/1b-for-journalism-at-risk-in-new-warning-over-google-facebook-20240223-p5f78j.html
ANZ wins green light for $4.9b Suncorp bank takeover on appeal: The Australian Competition Tribunal has overturned the competition watchdog’s decision not to ...
smh.com.au/business/banking-and-finance/anz-wins-green-light-for-4-9b-suncorp-bank-takeover-on-appeal-20240220-p5f69w.html
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