Improvements to customer loyalty schemes and broader legislative reforms are required to protect consumers using loyalty schemes, according to a report from Australia’s competition and consumer regulator, the ACCC.
Australia’s competition regulator the ACCC has raised concerns over customer loyalty schemes including poor disclosure about how consumer data is used and shared, and the selling of insights from the data to other parties without consumer knowledge.
Retail giant Coles has secured a 10-year agreement with global renewable power generation company Metka EGN to build three new solar power plants from which it will purchase more than 70% of the electricity generated to power its stores and distribution centres across Australia.
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Good on 'em.
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