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The Latest Breaking News from ACCC

Hunter united: Region's MPs combine to support Newcastle container terminal

The Hunter's state and federal MPs have rallied across the political divide in an unprecedented show of support for the establishment of a Newcastle container terminal.

Newcastle Herald

Australia’s consumer watchdog launches legal action against Airbnb for alleged misleading prices

ACCC is seeking compensation for Australian customers who were unknowingly quoted and charged accommodation prices in USD

The Guardian - AU

Airbnb sued by ACCC for allegedly misleading customers about accommodation prices

Australia's competition regulator is suing Airbnb for allegedly misleading consumers on pricing for accommodation. The ACCC said 2000 people made complaints to Airbnb about the conduct and there were numerous complaints on social media.

ABC News

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Aussies Lost $81.5 Million to Crypto Scams This Year: ACCC

Australians lost over $AUD 113 million ($81.5m) to cryptocurrency scams between January 1 and May 1 this year, the Australian Competition and Consumer Commission (ACCC) on Monday said. According to ACCC, Australians lost a total of $AUD 205m ($148m) to various scams this year, a 166% increase compared to the…

Benzinga

Airports still made money during pandemic

The competition watchdog says it is monitoring airport profit margins after three of the country's four largest made a profit during COVID-19 lockdowns.

AAP

Calls for competition watchdog to step up policing as energy crisis sparks price gouging fears

A leading Australian energy lawyer says big power providers are facing increased scrutiny from the competition watchdog amid concerns a shake-out of the industry could lead to price gouging.

ABC News

Explained: Why Australia’s gas prices are so high

Australia’s energy crunch has turned downright nasty this week as retailers begin to pass on huge spikes in gas and power prices.

The New Daily

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Alan Kohler: We all lose when monopolists prosper

The role of government is to correct the tendency towards monopoly and inequality through regulation, but they have been falling down on the job.

The New Daily

High childcare fees, low pay for staff and a lack of places pose a huge policy challenge

Cheaper childcare was Labor’s largest single election promise, at an estimated cost of A$5.4 billion a year. Anthony Albanese went so far as to outline universal childcare as one of his new government’s three main policies for economic reform.

The Conversation

ACCC sues Mastercard over retailer deals

The ACCC alleges Mastercard entered into agreements with more than 20 major retail businesses that hindered competition by deterring them from using eftpos.

AAP

Deliberate ploy: whistleblowers reveal why Facebook’s Australia news ban included non-news sites

Employees within Meta say the move amid the standoff with the Morrison government was no accident

The Guardian - AU

Meta asks to be spared tighter rules in Australia, saying iPhone’s tracking blocker is hurting business

Company tells consumer watchdog it is set to lose $10bn this year in wake of Apple iOS feature hampering ability to collect user data

The Guardian - AU

‘Excessively high’: NBN Co plan to hike internet prices stirs controversy

Australians would face higher internet bills over the next decade under plans to jack up broadband prices to recoup huge NBN cost blowouts.

The New Daily

Biggest chicken processors to fix unfair contracts with farmers after ACCC investigation

Chicken growers say they have been struggling under exploitative contracts with the country's biggest chicken processing companies, but now the ACCC has convinced companies to make contracts fairer.

ABC News

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The Conversation

When self-driving cars crash, who's responsible? Courts and insurers need to know what's inside the 'black box'

The first serious accident involving a self-driving car in Australia occurred in March this year. A pedestrian suffered life-threatening injuries when hit by a Tesla Model 3 in “autopilot” mode.

The New Daily

Regional airline Rex axes routes as competition for passengers heats up with Qantas

Competition between Qantas and Rex is heating up, with the regional airline pulling out of two routes that it says have become "unviable".

The Guardian - AU

Proposed NBN price hikes could double some internet bills within a decade, ACCC warns

Telstra says wholesale prices already among highest in the world and will only get worse under proposal

The Guardian - AU

Facebook whistleblowers allege Meta may have breached Australia’s foreign interference laws

Company accused of deliberately blocking Australian government pages as a negotiating tactic during debate over news media laws

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ABC News

SA government calls for ACCC investigation into price gouging in construction industry

The state government says soaring building costs are impacting housing affordability.

The New Daily

Small telcos gathering steam as Telstra, Optus lose customers

The biggest names in Australian telcos are seeing customer numbers start to slide as Australians hunt for more bang for their buck.

ABC News

How to remove mould from your home and how to stop it from growing in this humidity

After months of wet weather, many people are struggling to contain mould. Here’s how to get rid of it.

ABC News

Farmers call for ACCC inquiry into overseas grain price inequity

Australia's peak farm lobby group for grain growers is calling for an inquiry into grain prices to explain why farmers are getting up to $400 per tonne less for their product than producers overseas.

The Conversation

Stuff-up or conspiracy? Whistleblowers claim Facebook deliberately let important non-news pages go down in news blackout

On Friday, the Wall Street Journal published information from Facebook whistleblowers, alleging Facebook (which is owned by Meta) deliberately caused havoc in Australia last year to influence the News Media Bargaining Code before it was passed as law.

The Conversation

The US FDA has moved to ban menthol cigarettes. Australia should do that and more

Menthol is the minty cigarette ingredient that conjures up images of beaches, snow-covered ski slopes and glamorous yacht parties, all crisp white and fresh green. Menthol as a deadly additive is under threat at last.

The Guardian - AU

Whistleblowers allege Meta deliberately took down Australia's government, emergency services to negotiate news ban

Meta, formerly Facebook, denies claims the blocking of non-news pages like hospitals and charities was an intentional negotiating tactic, and says it was the result of a ‘technical error’

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