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The Latest Breaking News from ACCC

Selling something online? Beware the scam buyer

Links to fake Australia Post websites and requests for overpayment refunds are just some of the scams to look out for when selling things on the internet.

ABC News

Donut King, Michel’s Patisserie owner to pay $10 million in franchisee compo

The behemoth behind franchise chains Michel’s Patisserie and Donut King will pay millions in compensation to franchisees over misconduct.

The New Daily

Major cake shop owner settles, pays $10m

Up to $10 million in debt waivers or repayments will be made to Michel's Patisserie franchisees by the brand owner over allegations it sold loss-making shops.

AAP

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Have you been getting messages about unclaimed packages? They could be a scam

Australia Post is warning customers to be wary of scams in the lead-up to Christmas, with people who are expecting deliveries more vulnerable to being duped by fake messages about postage delays.

ABC News

‘Right decision, wrong reasons’: Why the Telstra-TPG deal needs work

The ACCC has quashed a partnership between two major telcos over fears for consumer competition – but regional communities need more work.

The New Daily

Telstra, TPG to appeal ACCC knock-back

TPG and Telstra will appeal after the Australian Competition and Consumer Commission declined to approve their proposed $1.8 billion network-sharing deal.

AAP

Is Labor’s energy price relief plan really a ‘Soviet-style policy’ or an ‘Armageddon’ moment?

With the bill now passed into law, here’s what’s at stake, what is next, and the political backstory of the Australia’s energy price boom

The Guardian - AU

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ING fined for missed data deadlines breach

ING Bank has been fined for failing to meet Consumer Data Right deadlines and for making a false or misleading representation to consumers.

AAP

Coles supermarket, Jeff Kennett slammed by government grocery reviewer

The supermarket watchdog has slammed former Victorian premier Jeff Kennett, in his role as an arbiter between Coles and its suppliers, for "flawed" decision-making and failing to comply with its directions.

ABC News

Coles, Jeff Kennett slammed by supermarket watchdog

Former Victorian premier Jeff Kennett, appointed by Coles to deal with complaints from its suppliers, is criticised by the watchdog.

The New Daily

Alan Kohler: Three broken promises define 2022

Thanks to our unaffordable housing, Philip Lowe might not end up with a recession on his conscious, only the legacy of broken promises.

The New Daily

Hotel booking sites actually make it hard to get cheap deals, but there’s a way around it

Booking sites have the perverse effect of keeping prices high, especially when the fees they charge hotels are taken into account.

The New Daily

Facing a cold northern winter, Japan watches Australia's energy market intervention closely

The Japanese government adds its voice to the debate about plans for coal and gas price caps amid concerns about energy security at home.

ABC News

Hotel booking sites actually make it hard to get cheap deals, but there's a way around it

Booking a place to stay on holidays has become a reflex action.

The Conversation

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ABC News

Australians have lost at least $7.2 million to the 'Hi Mum' scam. How does it work and why is it so lucrative for cybercriminals?

It's the scam that preys on our emotions and has seen criminals steal at least $7.2 million from 11,100 Australians so far this year. We spoke to an expert about some of the tactics the scammers are using so you can avoid being the next victim.

Newcastle Herald

Staff helped uni get through tough few years

Email letters@newcastleherald.com.au or send a text message to 0427 154 176 (include name and suburb).

The New Daily

NBN update: Consumers pay more for stagnant service standards, ACCC finds

Australian households are paying more for their NBN plans despite service standards failing to improve, the ACCC says.

The Guardian - AU

What is the energy price relief plan and will it actually reduce power bills?

Treasury modelling suggests average household will be $230 better off after national cabinet backed $1.5bn intervention

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ABC News

ACCC calls for feedback on lithium-ion batteries over safety concerns

In five years, the ACCC has received over 200 product safety reports about lithium-ion batteries with over 20 products recalled.

AAP

ACCC to pay Google costs as case dismissed

The consumer watchdog accused online giant Google of misleading consumers, but a judge has ruled information was presented if people bothered to read it.

AAP

Price fixing lands steel giant in court

Companies are on notice about illegal agreements with competitors after a court found one of Australia's largest steel suppliers engaged in cartel conduct.

ABC News

ACCC wins 'cartel' case against steelmaker BlueScope in Federal Court

A Federal Court justice backs a claim by the Australian Competition and Consumer Commission that BlueScope and a former manager engaged in “cartel conduct” over the supply of flat steel products.

The New Daily

Governments unveil renewables investment as ACCC warns of skyrocketing electricity bills

Competition across Australia’s electricity market is coming under pressure as prices soar, raising the spectre of even higher bills.

AAP

Action after alleged gas cartel attempt

A mining equipment and technology services company allegedly tried to establish a cartel with four other suppliers in breach of competition laws, the ACCC says.

The Canberra Times

Consumer watchdog concerned by Woolworths' proposed takeover of Queanbeyan local supermarket

The ACCC is concerned the proposal could reduce competition in Queanbeyan.

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