Displaying items by tag: Australian Competition and Consumer Commission (ACCC)

Energy retailers in South East Queensland, New South Wales and South Australia must comply with obligations under a new Electricity Retail Code which will come into force from 1 July this year.

Australians are losing more money to NBN scams, with an average of more than $110,000 being lost each month between January and May this year, compared with about $38,500 in monthly average losses throughout 2018, an increase of nearly 300%.

Competition regulators world-wide are grappling with the rise of dominant digital platforms like Facebook and Google, and are debating whether current competition laws need to be reframed in response, the chair of Australia’s competition regulator, the ACCC, Rod Sims, has said.