The Latest Breaking News from ACCC

Australia’s east coast gas crisis is set to sharply worsen. A new report from the Australian Competition and Consumer Commission (ACCC) notes supply conditions will deteriorate significantly in 2023 if no action is taken. The 56 petajoule shortfall is huge – equivalent to around 10% of domestic demand.

Gas companies making billions of dollars in windfall profits by exporting Australian gas overseas could soon be reined in by the federal government.

Gas producers are told to prove there will be enough supply for the domestic market next year, or face the threat of export restrictions.

Ricky Barone installed a solar system on his roof in 2014. Since then, it has cost him thousands of dollars and years of sleepless nights. So, who's responsible?

Here's your quick catch-up for this morning's news.

The competition watchdog has forecast a gas shortfall in the east coast market next year if excess supply is exported, leading to action by the government.

Treasurer concerned after watchdog report warns of ‘substantial risk’ to nation’s energy security

Scammers are taking advantage of hundreds of people who are struggling to find affordable housing in the tight rental market, with the consumer watchdog reporting an increase in real estate scams during the pandemic.

The federal government ends a long-running battle between Canberra's construction union and the Australian Competition and Consumer Commission (ACCC) over a failed prosecution, with a settlement of more than $1 million for legal costs.

Australians are paying about 20 cents a litre more for diesel than they should be, consumer advocates say. They say there doesn't seem to be a good answer for the high prices.

Mastercard has denied that it tried to reduce competition by deterring customers from using EFTPOS as it defends Federal Court proceedings by the ACCC.