Australia’s smart home tech market is set to crack $2.5 billion in revenue, driven by demand for energy efficiency, security, price increases, and the anticipation of the smart home concept greatly benefitting from the technological advancements in generative AI, according to technology analyst firm Telsyte.
Millions of Australian consumers will pay more for their mobile phone plans after recent price increases by all three big telco companies, according to new analysis by the competition regulator, the ACCC.
Origin Energy has paid a penalty of $126,000 after the competition regulator, the ACCC, issued it with an infringement notice for an alleged false or misleading representation in a price increase letter sent to residential electricity customers in Victoria.
Electricity, gas and Internet provider Sumo Power is facing court action by Australia’s competition watchdog the ACCC over allegations it made false or misleading representations to Victorian consumers in relation to its electricity plans.
New Zealand’s competition regulator is seeking public feedback on key issues it has identified during its initial assessment of Aurora Energy’s investment plans to make its electricity network safer and maintain reliability.
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