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The Latest Breaking News from ACCC

'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.

AAP

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

The Guardian - AU

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.

AAP

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read the most diverse news in one place.

Regional Australia needs health workers and teachers – but it has to have childcare first

Almost half the population live in a ‘childcare desert’ while employers are crying out for workers – it’s time to connect the dots

The Guardian - AU

PM says transparency around aid worker’s death ‘in Israel’s interest’ – as it happened

This blog is now closed

The Guardian - AU

Australia’s big supermarkets could face penalties of up to $10m under proposed mandatory code

Government report stops short of recommending powers to break up big chains despite calls for forced divestiture laws

The Guardian - AU

Four months on, evidence arrives in APY arts probe

Almost four months after it was asked to investigate the APY Arts Centre Collective, the watchdog for Aboriginal corporations has received some evidence.

AAP

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Cattle prices to soar but steaks shouldn't cost more

Analysts say cattle prices are set to soar over the next two years but the cost of beef in the supermarket may not break the bank.

AAP

Watchdog confident nation can keep the gas on in winter

There should be enough gas supply to meet demand in the east coast market, as the government commits to working to bringing down prices further for consumers.

AAP

Australia’s east coast forecast to avoid gas shortfall despite claims of looming supply crisis

ACCC report says region is expected to have surplus of six petajoules in third quarter ‘even if all uncontracted gas is exported’

The Guardian - AU

Cash crunch talks as money mover Armaguard digs in

A consortium of banks, supermarkets and government departments have been permitted to begin discussing measures in case cash transporter Armaguard collapses.

AAP

Australians urged to have say on supermarket probe

A probe into the supermarket sector will stop accepting submissions on Tuesday, as calls for the government to step in grow.

AAP

'We're sceptical' on supermarket break-up push: Labor

Divestiture powers are rarely used in other countries as Labor remains "sceptical" about the push to break up supermarkets over fears it could hurt jobs.

AAP

Stamp price hike to cost Aussies a cup of coffee a year

The price of stamps will increase by 30 cents to $1.50, costing the average Australian who sends 15 small letters an extra $4.50 a year.

AAP

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AAP

Households struggle in face of increasing grocery costs

Australians are feeling the pinch from "sharp increases" in living costs amid rising grocery prices, a national consumer survey shows.

The Canberra Times

Canberra hit hard on fuel prices again

But there's some good news for diesel vehicle owners.

The Guardian - AU

Morning Mail: Push to outlaw mega donations, Trump’s money woes, social media giants put on notice

Independents want to outlaw large gifts of more than $1.5m; eSafety commissioner issues notices about terror material

The Guardian - AU

Central bank not ruling out further hikes – as it happened

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The Guardian - AU

Question time interrupted by Gaza protesters – as it happened

This blog is now closed.

The Guardian - AU

Competition watchdog to call for power of mandatory disclosure in investigations

ACCC chief Gina Cass-Gottlieb wants legislation changed to enable it to force businesses to give up data without the need for government backing

AAP

Fashion retailer sued over 'frustrating' parcel delays

The owner of Katies, Rivers and Noni B has said it will defend a "flawed" lawsuit brought by the consumer watchdog over the alleged slow delivery of parcels.

The Guardian - AU

I contacted my bank to report a scam purchase. Why didn’t it cancel the transaction?

You’ve done all the right things since being scammed, writes Australian consumer law and policy professional Kat George. But there are a few more steps you can take to protect yourself and others

Pedestrian.tv

Woolworths’ Outgoing CEO Will Receive A Payout Of Up To $24 Million Just For Retiring

Woolworths' outgoing CEO Brad Banducci could receive up to $24 million as his "golden handshake" for retiring as CEO.

AAP

'We're not the Soviet Union': PM on supermarket chains

Australians working for major supermarket chains would lose their jobs if the federal government forced them to break-up, Anthony Albanese says.

The Guardian - AU

Light-touch competition policy hasn’t helped Australian mortgage holders. It’s time to get tough

Acquisitions such as ANZ’s of Suncorp should be presumed to be anticompetitive until proven otherwise

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