Live Breaking News & Updates on Australian competition and consumer commission accc

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iTWire - East coast gas surplus expected in third quarter 2024: ACCC

Australia’s east coast gas market is expected to have a six petajoule (PJ) surplus in the third quarter of 2024, even if the three LNG producers expor...

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iTWire - HSBC pays penalties for alleged breaches of Consumer Data Right rules: ACCC

Banking and financial services company HSBC Bank Australia has paid penalties totalling $33,000 after the competition watchdog, the ACCC, issued it wi...

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iTWire - ACCC extends wholesale price controls to superfast fixed-line broadband networks

Australians on broadband plans provided by non-NBN fixed-line networks should benefit from more stable pricing and greater competition between retaile...

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iTWire - Mazda to pay $11.5m for 'misleading consumers' about consumer guarantee rights for serious vehicle faults

The Federal Court has ordered Mazda Australia Pty Ltd to pay $11.5 million in penalties for engaging in “misleading and deceptive conduct and making f...

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iTWire - Australia Post to pay about $2.9 million in compensation to businesses for lost or damaged parcels

Australia Post is paying about $2.9 milliion in compensation to businesses for lost or damaged parcels after the competition watchdog the ACCC took le...

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iTWire - Honda to pay $6m in penalties for 'misleading consumers' about dealership closures

The Federal Court has decided to impose penalties totalling $6 million on Honda Australia, accepting Honda engaged in misleading or deceptive conduct,...

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iTWire - Franchisors warned to remove unfair contract terms or 'risk legal action'

The ACCC is warning franchisors to urgently review and amend their standard form franchise agreements or be prepared for potential enforcement action...

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iTWire - Major car parts supplier, retailers pay penalties for alleged breaches of button battery standard

Car parts suppliers and retailers Repco, Supercheap Auto and Innovative Mechatronics Group (IMG), an automotive electrical parts supplier, have each p...

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iTWire - Consumers and small businesses to 'benefit' from proposed new regulation of digital platforms

Australia’s competition watchdog the ACCC has welcomed the Australian Government’s in-principle agreement to new competition and consumer laws recomme...

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iTWire - NBN Co launches new Wholesale Broadband Agreement

Broadband operator NBN Co has launched a new Wholesale Broadband Agreement (WBA5) with Retail Service Providers (RSPs). The new three-year agreement w...

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