POPULARITY
Where's the grocery commissioner? Wasn't he going to get cheaper groceries for all of us? That was the idea. But he hasn't. So is Nicola Willis going to do it? My prediction, is she won't. Because, no matter how much we would all like to pay less at the supermarket, the two ideas she announced yesterday are duds. And I'm picking that, if you did a grocery shop yesterday afternoon, the Government's announcement-of-an-announcement yesterday morning did nothing to soften the blow when you went through the checkout. So the Government wants to see a foreign operator coming here. Which is never going to happen. For the simple reason that foreign operators have bigger fish to fry elsewhere. German supermarket company Aldi is often touted as a potential foreign outfit that could come here and create more competition. It's kind-of here already, because it's been registered with the New Zealand Companies Office since 2000. But it hasn't bothered doing anything more - focusing on Australia, instead. But, despite Aldi operating across the Tasman, Australians are still paying through the nose. Just over a week ago, the Australian Competition and Consumer Commission put-out a report saying that Coles, Woolworths and Aldi are among the most profitable supermarket chains in the world. Prices there have risen sharply over the past five years. With the supermarkets increasing profit margins during that time, as well. Sound familiar? And just like here, politicians in Australia are all promising to do something about it. But, like here, it will be all talk and won't amount to anything. And, in five years time, shoppers on both sides of the Tasman will still be paying through the nose and politicians will be floating go-nowhere ideas. But if you forced me to pick one of the ideas Nicola Willis announced yesterday that I think could actually work, it would be this threat she made yesterday to force the two big companies to sell some of their supermarket brands, to create more competition and reduce their dominance. If you forced me to choose one, I'd chose that one. But it's a terrible idea. David Seymour doesn't like it, either. Saying that, if the Government poked its nose in this way into Foodstuffs and Woolworths operations, it would put businesses off investing in New Zealand. Which I agree with. I think it could. And it's a weird thing for the Government to be proposing just two weeks after it had all the money people over here from around the world trying to get them to invest in New Zealand. Looking at the rules the Commerce Commission uses to decide whether to allow things like mergers to go ahead, they're all about preventing situations like we have with supermarkets in New Zealand. Not enough competition - all that stuff. Which is fine when you're deciding whether-or-not to allow a merger. But for the Government to try and do that retrospectively, which is what it would effectively be doing, would be a terrible thing. It would be a terrible thing for the supermarket companies. It would also be a terrible thing for the Government's sale pitch to the world. That New Zealand is open for business; that we want businesses to come here; and that we're getting rid of some of the red tape to make it easier come here. It would say 'we're doing all that but, if you do come here, we might tell you what to do with your business if we think there are a few votes in it for us'. But the ideas Nicola Willis announced yesterday won't win votes. Because they won't go anywhere.See omnystudio.com/listener for privacy information.
ຄນະກັມມະການ ການແຂ່ງຂັນແລະຜູ້ບໍຣິໂພກ ອອສເຕຣເລັຍ (the Australian Competition and Consumer Commission) ແນະນໍາ 20 ຂໍ້ ສໍາລັບຣັຖບານກາງວ່າ ຕ້ອງເຮັດຫລາຍກວ່ານັ້ນ ເພື່ອເພີ່ມຄວາມໂປ່ງໃສ ແລະການແຂ່ງຂັນໃນ Grocery Sector ເມື່ອພົບວ່າ Coles ແລະ Woolworths ເປັນໜຶ່ງໃນ Supermarkets ທີ່ມີກຳໄລ ຫລາຍທີ່ສຸດໃນໂລກ.
A final report from the Australian Competition and Consumer Commission report has found that Coles and Woolworths are among the most profitable supermarkets in the world. - オーストラリアのスーパーマーケット大手、コールスとウールワースが、世界で最も収益の高いスーパーのひとつであることがわかりました。オーストラリア競争・消費者委員会(ACCC)の報告書で明らかになりました。
A final report from the Australian Competition and Consumer Commission report has found that Coles and Woolworths are among the most profitable supermarkets in the world. With 20 recommendations outlined for the Federal Government, the competition regulator says more must be done to increase transparency and competition in the grocery sector.
The Australian Competition and Consumer Commission says Coles and Woolworths have so much power they don't need to compete hard on pricing.
Supermarkets play a pivotal role in the daily lives and finances of millions of Australians. In this episode, we'll delve into the Australian Competition and Consumer Commission's (ACCC) major inquiry into the supermarket industry. One of the experts who made a submission to the ACCC for this inquiry discusses key issues such as: Price gouging concerns and evidence of abnormal profits Market structure and consumer experience Pricing strategies and trends Perishable products and food waste Future recommendations for fair competition Tune in to learn more on how this inquiry could reshape the supermarket sector and deep dive into issues around the cost of groceries. Host: Tiffany Tan CPA, Audit and Assurance Lead, Policy and Advocacy, CPA Australia Guest: Professor Matthew Pinnuck from the University of Melbourne Head online to read the final report on supermarkets by the ACCC. You can also read the ACCC's interim report on supermarkets, the inquiry's overview as well as learn more about the ACCC and the scope of its work. Additionally, you can see Professor Pinnuck's submission to the inquiry, as well as the ACCC's information on the food and grocery code of conduct for the industry. For more on Professor Matthew Pinnuck, head to his Melbourne University expert profile page. You can find a CPA at our custom portal on the CPA Australia website. Would you like to listen to more With Interest episodes? Head to CPA Australia's podcast tab on its YouTube channel CPA Australia publishes four podcasts, providing commentary and thought leadership across business, finance, and accounting: With Interest INTHEBLACK INTHEBLACK Out Loud Excel Tips Search for them in your podcast platform. Email the podcast team at podcasts@cpaaustralia.com.au
Out of Australia’s five largest cities, Brisbane residents are paying the most for fuel. A report from the Australian Competition & Consumer Commission found Brisbane’s average retail petrol prices were the highest at 186.4 cents per litre. Economist and Affordability Specialist at the RACQ, Dr Ian Jeffreys, told Gary Hardgrave on 4BC Drive, "Brisbane has consistently been the most expensive out of all of the large capitals." "They've said it's down to market conditions as if market conditions are somehow and on a stone tablet somewhere. But, market conditions are the choices the fuel companies make," Dr Jeffreys said.See omnystudio.com/listener for privacy information.
Gina is the General Manager of People and Culture at the Australian Competition and Consumer Commission (ACCC), and she joins us in this episode to share her experiences of grit and the ability to persist and lead others through uncertainty. Together, we break down the stigma attached to making mistakes and how courageous leaders can pause and reflect when the emotions are running high and admit to their workforce that they don't always have all the answers.
The Australian Competition and Consumer Commission has revealed recently that Aussies could save up to $300 on their energy bills if they just shopped around for a better deal. David Koch from Compare the Market told Dean Miller on 4BC Summer Breakfast, "Just with your own energy retailer, there can be hundreds of dollars in savings, let alone going and comparing it with other energy retailers."See omnystudio.com/listener for privacy information.
The latest report from the Australian Competition and Consumer Commission (ACCC) shows up to four in five households could save on their electricity bills by shopping around or negotiating better deals with their providers. Listen to this report to learn about other steps consumers can take to reduce energy costs. - एक नयाँ रिपोर्टले बजारमा उपलब्ध बिजुली प्रदायकहरूको विकल्प वा नयाँ किसिमको योजना र सम्झौताको खोजी गर्दा पाँच मध्ये चार घरपरिवारले बिजुलीको लागि कम रकम तिर्न सक्ने देखाएको छ। बिजुलीको महसुल कसरी कम गर्ने त? अन्य केही टिप्सहरू बारे यो रिपोर्टमा सुन्नुहोस्।
Vegalogue is a regular podcast from vegetable, potato and onion industry peak body, AUSVEG, where we examine the pressing issues and latest developments in our sector.Join us as we discuss the many diverse facets of commercial vegetable production in Australia with growers, industry figures, researchers and many more of the incredible people who make up our vibrant sector.The Australian supermarket sector is under significant examination, with government reviews focusing on market competition, pricing practices, and consumer protection. These reviews aim to address concerns about the dominance of major supermarket chains and seek to ensure, among other things, fair treatment of suppliers and a more sustainable and equitable supply chain. Professor Allan Fels AO is a prominent figure in Australian competition law and consumer advocacy, who has also served as the chair of the Australian Competition and Consumer Commission.He joined AUSVEG to give his informed views on the recent flurry of attention on the big supermarkets, and the major developments of 2024.Thanks for listening to Vegalogue! You can find out more about AUSVEG and the Australian vegetable industry at ausveg.com.au. Subscribe to our newsletter, or follow us on Facebook, LinkedIn, Instagram, Tik Tok, or Twitter/X.
As a privately owned company, Aldi rarely gets the sort of scrutiny faced by its listed competitors Coles and Woolworths, which are required to provide regular public disclosures including profit updates. But this week the public got a rare glimpse into the supermarket chain's profits and strategy as its executives underwent questioning by the Australian Competition and Consumer Commission. Senior business reporter Jonathan Barrett tells Nour Haydar how the German company makes $12bn in annual revenue and why it rejects online shopping. You can support the Guardian at theguardian.com/fullstorysupport
The first public hearing for the inquiry into Australia's major supermarkets is examining issues such as pricing dynamics and profit margins of the major retailers. The Australian Competition and Consumer Commission is leading the inquiry, with supermarket giants Woolworths and Coles expected to appear. The inquiry has heard from consumer advocates who raised concerns around pricing, food insecurity and a loss of trust in pricing. - آسٹریلیا کی بڑی سپر مارکیٹوں کی انکوائری کے لیے پہلی عوامی سماعت میں قیمتوں کے تعین کے طریقہ کار اور بڑے خوردہ فروشوں کے منافع کے مارجن جیسے مسائل کا جائزہ لے رہا ہے۔ آسٹریلوی مسابقتی اور صارف کمیشن انکوائری کی قیادت کر رہا ہے، جس میں سپر مارکیٹ کمپنیاں وول ورتھز اور کولز کے پیش ہونے کی توقع ہے۔ انکوائری میں صارفین کے وکلاء کا موقف سنا گیا ہے جنہوں نے قیمتوں کے تعین، خوراک کے عدم تحفظ اور قیمتوں میں اعتماد کے خاتمے کے بارے میں خدشات کا اظہار کیا۔
The Australian Competition and Consumer Commission ((ACCC)) is leading the inquiry, with supermarket giants Woolworths and Coles expected to appear. The inquiry has heard from consumer advocates who raised concerns around pricing, food insecurity, and a loss of trust in pricing.Listen to SBS Sinhala explainer for more information. - ඕස්ට්රේලියාවේ ප්රධාන සුපිරි වෙළඳසැල් වල මිල ගනන් වල පැවැත්ම සහ ලාභ ආන්තිකය වැනි ගැටළු පරීක්ෂා කිරීම මගින් මෙරට ප්රදාන සුපිරි වෙළඳසැල් විමර්ශනය සඳහා මහජන අදහස් විමසුම් පැවැත්වෙන බව පැවසෙනවා. ACCC හෙවත් ඕස්ට්රේලියානු පාරිභෝගික කොමිසම මෙම පරීක්ෂණයට නායකත්වය ලබා දෙන අතර මෙරට සුපිරි වෙළඳසැල් දැවැන්තයින් වන Woolworths සහ Coles වෙලදසැල් මේ සදහා පෙනී සිටිනු ඇතැයි අපේක්ෂා කරනවා. මේ පිලිබඳ තොරතුරු අද කාලීන තොරතුරු විග්රහයෙන්.
The first public hearing for the inquiry into Australia's major supermarkets is examining issues such as pricing dynamics and profit margins of the major retailers. The Australian Competition and Consumer Commission is leading the inquiry, with supermarket giants Woolworths and Coles expected to appear. The inquiry has heard from consumer advocates who raised concerns around pricing, food insecurity and a loss of trust in pricing.
MONEY FM 89.3 - Prime Time with Howie Lim, Bernard Lim & Finance Presenter JP Ong
Singapore stocks began the morning trading in the negative territory, mirroring overnight losses in the global markets. In early trade, the Straits Times Index (STI) fell 0.8 per cent to 3,530.16 points after 117.9 million securities changed hands in the broader market. In terms of companies to watch, we have Singtel, after the Australian Competition and Consumer Commission filed court proceedings against Singtel's subsidiary Optus Mobile over allegations of inappropriate sales conduct. Elsewhere, from more on results out of tech behemoths Amazon and Apple, to how key levels to watch for US equities this month – more corporate and international headlines remain in focus. On Market View, Money Matters' finance presenter Chua Tian Tian unpacked the developments with Chong Ser Jing, Co-founder and Portfolio Manager, Compounder Fund.See omnystudio.com/listener for privacy information.
A report by consumer advocacy group Choice names Aldi as the most affordable supermarket in Australia, while Woolworths and Coles are being investigated by the Australian Competition and Consumer Commission (ACCC) for potential breaches of consumer law.
There are hundreds of angry posts on X, TikTok and Reddit from citizen journalists archiving Coles and Woolworths' published prices and noticing some strange patterns. The posters complain that the two supermarket giants have misled their customers with their “Down Down” and “Prices Dropped” promotions. Now, the Australian Competition and Consumer Commission (ACCC) has launched legal action, alleging the big two presented discounted promotions that were actually higher, or the same, as the price that had been charged for the same items just weeks beforehand. Today, economist and contributor to The Saturday Paper Peter Martin, on the “illusory” discounts and how a Cadbury Caramello Koala helped fuel the outrage. Socials: Stay in touch with us on Twitter and Instagram Guest: Economist and contributor to The Saturday Paper, Peter Martin.
The Australian Competition and Consumer Commission (ACCC) is suing Coles and Woolworths over allegations they misled shoppers by offering ‘illusory' discounts on hundreds of products. It's a practice that helps them make huge profits in an already overheated economy. Guardian columnist Greg Jericho tells Matilda Boseley why he thinks corporations, not consumers, should be made to pay for the cost-of-living crisis. • You can support the Guardian at theguardian.com/fullstorysupport
As the big two supermarkets are being brought to court over allegedly misleading consumers with their discounts, what could this mean for our food and grocery sector? SBS' Catriona Stirrat spoke with Allan Fels, the former chair of the Australian Competition and Consumer Commission - the very governing body that is alleging Coles and Woolworths have broken Australian consumer law. Fels raises points around a lack of competition and the importance of accountability, as well as interesting questions around who might have been aware of these alleged behaviours.
The latest supermarket price report by consumer advocacy group Choice has revealed Aldi is once again the cheapest grocer in the country. This comes as Woolworths and Coles face allegations by the Australian Competition and Consumer Commission that they have broken consumer law. Listen to SBS Sinhala explainer for more information. . - පාරිභෝගික උපදේශන කණ්ඩායමක් වන Choice වෙතින් ලබා දෙන ලද නවතම සුපිරි වෙළඳසැල් මිල වාර්තාවට අනුව Aldi නැවත වරක් ඕස්ට්රේලියාවේ ලාභම සිල්ලර වෙළෙද සැල බවට අනාවරණය කර තිබෙනවා. මේ පිලිබඳ වැඩිදුර තොරතුරු අද කාලීන තොරතුරු විග්රහයෙන්.
The latest supermarket price report by consumer advocacy group Choice has revealed Aldi is once again the cheapest grocer in the country. This comes as Woolworths and Coles face allegations by the Australian Competition and Consumer Commission that they have broken consumer law. But is it always possible for consumers to shop around?
Vim li cas Australia lub koom haum tswj tej lagluam cov kev sib tw lagluam thiab pov puag tej neeg yuav khoom siv (Australian Competition and Consumers Commission - ACCC) tab tom coj ob lub tuam txhab supermarket loj li Coles thiab Woolworths mus hais plaub?
Australia's leading supermarket giants are set to face court after allegedly misleading consumers through fake discounts. The Australian Competition and Consumer Commission claims Coles and Woolworths bumped prices of products by 15 percent for brief periods before selling them at a discount. Australian correspondent Oliver Peterson says the supermarkets can expect to face fines and additional penalties over these misleading discounts. LISTEN ABOVESee omnystudio.com/listener for privacy information.
The Australian Competition and Consumer Commission (ACCC) is taking Coles and Woolworths to the Federal Court in two separate Cases. The consumer watchdog has alleged that the two supermarket giants misled customers with “discount pricing claims”. This legal action comes amid a string of inquiries into supermarkets and price gouging, as well as the Federal Government's plans to release a draft Food and Grocery Code of Conduct. In today's deep dive, we'll look into the legal proceedings against Coles and Woolworths, how they've responded, and what could this mean for consumers. Hosts: Nandini Dhir and Emma GillespieProducer: Orla MaherSee omnystudio.com/listener for privacy information.
Australia's consumer watchdog has launched legal action against the Australian arm of Woolworths, and its main rival Coles. The ACCC's accusing the supermarket giants of breaching consumer law by misleading consumers, raising prices by 15% at times before dropping the price as part of a promotion. The watchdog claims the price of hundreds of products were affected. Australia Correspondent Donna Demaio told Ryan Bridge the ACCC is taking both retailers to federal court in separate cases and will be seeking significant penalties. She said they'll also be aiming to impose community service orders on both Woolworths and Coles, which means they'll have to fund a registered charity to deliver meals to Australians in need. LISTEN ABOVE See omnystudio.com/listener for privacy information.
In this episode of Inside IR, Drew Pearson and Shivchand Jhinku are joined by competition partner Patrick Gay to discuss the Australian Government Competition Task Force's review into the use of non-compete and non-solicit provisions in employment contracts. They explore the potential impacts of proposed reforms on employee mobility and the dynamics of the Australian job market, and also delve into the global trends in this area, particularly in the US and UK. The conversation further touches on the role of the Australian Competition and Consumer Commission (ACCC) and the potential changes in its jurisdiction over employment-related matters.
When Rex grounded its capital city services and entered into voluntary administration last week, it joined a long queue of airlines that have unsuccessfully challenged Qantas and Virgin's duopoly. The former Australian Competition and Consumer Commission chair Rod Sims argues this was caused by ‘public policy failure' over the allocation of slots at Sydney airport. Guardian Australia's transport and urban affairs reporter Elias Visontay speaks to Tamsin Rose about how a lack of competition means that consumers are going to continue paying more for less
The Australian Competition and Consumer Commission's enforcement and policy priorities for 2024-2025 reflect a focus on a wide range of conduct in many industries. What does this mean for practitioners, market participants, and consumers in Australia? Peta Stevenson, a competition attorney with more than two decades of experience, joins Jaclyn Phillips and Anant Raut to discuss the takeaways and implications. Listen to this episode to learn more about competition enforcement in Australia. With special guest: Peta Stevenson, Partner, King & Wood Mallesons Related Links: Easing Cost of Living: ACCC Announces 2024 Enforcement Priorities, With a Focus on Consumers Stop Right There: Australia's Merger Regime Set To Change Hosted by: Jaclyn Phillips, White & Case LLP and Anant Raut
Australia's headline unemployment rate was 4 per cent in May, down from 4.1 in April. Does it reflect how the economy is going? The Australian Competition and Consumer Commission is warning that Chemist Warehouse's proposed merger with Sigma Healthcare could reduce competition and increase prices. Opposition Leader Peter Dutton has promised to restrict under 16-year-olds from accessing social media by implementing age verification, if he's elected.
Qantas hat sich mit der Australian Competition and Consumer Commission (ACCC) darauf geeinigt, 20 Millionen Australische Dollar an über 86.000 Passagiere zu zahlen, die von sogenannten „Geisterflügen“ betroffen waren – Flügen, die verkauft wurden, obwohl sie bereits gestrichen waren. Zusätzlich wird die Fluggesellschaft eine Strafe von 100 Millionen Australische Dollar für Verstöße gegen das australische Verbraucherrecht zahlen. Die betroffenen Passagiere erhalten Entschädigungen zwischen 225 Australischen Dollar für Inlandsflüge und 450 Australischen Dollar für internationale Flüge, zusätzlich zu bereits erhaltenen Kompensationen. Diese Einigung steht noch unter dem Vorbehalt der Genehmigung durch das Bundesgericht, wobei Qantas plant, das Entschädigungsprogramm vor der Entscheidung des Gerichts zu beginnen.Frage des Tages: Sollten wir in Deutschland auch Fluggesellschaften so zur Kasse bitten bei Verstössen? Welche Praxis ärgert euch bei Fluggesellschaften?00:00 Intro01:45 Hamburg Flughafen Gepäckanlage funktioniert wieder03:14 Boeing 787 “Dreamliner” wieder neue Ermittlungen07:00 Lufthansa bekommt neuen Finanzchef08:08 Emirates A350 ein Schritt in die Zukunft11:34 Qantas einigt sich und zahlt ca. 74 Millionen StrafeFragen des TagesTake-OFF 06.05.2024 – Folge 105-2024 Kanalmitglied werden und exklusive Vorteile erhalten:https://www.youtube.com/channel/UCQyWcZxP3MpuQ54foJ_IsgQ/joinHier geht es zu eurem kostenlosen Consulting Link - https://FTCircle.as.me/Damit Du von unserem Wissen profitieren kannst, kannst du ein mindestens 60 minütiges und vor allem auf dich zugeschnittenes Punkte, Meilen, Status Coaching buchen. Nach dem Call bekommst du ein Jahr Zugang zu dieser Gruppe und zahlst so nur 10 Euro pro Monat und kannst sofort profitieren. Hier ist nun der Link zu deinem neuen Punkte, Meilen und Status Deals.MY SOCIALSWhatsApp - https://wa.me/message/H4VQT6XX7L6WJ1FACEBOOK | Lars F Corsten - https://www.facebook.com/LFCorsten/FACEBOOK | FQT.TV - https://www.facebook.com/FQTTVFACEBOOK | FTCircle - https://www.facebook.com/FTCircleTWITTER | Lars F Corsten - https://twitter.com/LFCorstenINSTAGRAM | Lars F Corsten - https://www.instagram.com/lfcorsten/LINKEDIN - https://www.linkedin.com/in/lfcorsten/Clubhouse - @LFCorsten
Australians reported more scams last year than ever before, losing billions of dollars to financial criminals. The Australian Competition and Consumer Commission says older Australians, as well as those from culturally and linguistically diverse communities, are among those most at risk.
Kadalasang nabibiktima ng scams ang mas matatandang Australyano at mga taong mula sa ibang bansa na may iba't ibang wika, ayon sa Australian Competition and Consumer Commission.
The Australian Competition and Consumer Commission says older Australians, as well as those from culturally and linguistically diverse communities, are among those most at risk.
The Warriors have made quite the acquisition with the signing of James Fisher-Harris. Fisher-Harris is in line to replace departing prop Addin Fonua-Blake, the club securing his services on a four-year contract. Elliot Smith told Heather du Plessis-Allan that this is a huge signing, Golden Boot player of the year and Kiwis Captain, they couldn't get much bigger. LISTEN ABOVE See omnystudio.com/listener for privacy information.
Lub koom haum Australian Competition and Consumer Commission (ACCC) cov kev mus txheeb Australia tej supermarket tau taw qhia kom tsim ib co cai los yuam kom tej tuam txhab no ua raws tsis txhob cia lawv tsim lawv cai los siv ntxiv lawm.
High food inflation has been a catalyst for the latest supermarkets inquiry from the Australian Competition and Consumer Commission. Michael Harvey and Pia Piggott discuss learnings from the last supermarkets inquiry in 2008, what the new inquiry will examine, and how the retail grocery sector has changed in Australia over the past 16 years.
The Michael Yardney Podcast | Property Investment, Success & Money
In an age where financial transactions have largely moved online, the prevalence of financial scams has surged, catching many Australians off guard. The Australian Competition and Consumer Commission reports that Australians lost a record $3.1 billion to scams in 2022. This is an 80 per cent increase in total losses recorded in 2021. This staggering loss highlights not just the cunning of scammers but also their ability to adapt to changing technologies and exploit new vulnerabilities. So, in today's podcast with independent financial advisor Stuart Wemyss, I want to ask him how to spot the signs of a scam. Our conversation today is an eye-opener, revealing common tactics scammers use to exploit the digital landscape and deceive individuals. We touch on personal experiences and the various types of scams, such as phishing and false billing. Whether you're an experienced investor or a beginner, this episode is packed with practical insights and data-driven predictions to help you make informed decisions. Amidst sharing these insights, we underscore the significance of safeguarding personal and financial information and discuss how banks' robust security measures, though sometimes inconvenient, are critical in protecting us from these fraudulent activities. Links and Resources: Michael Yardney Stuart Wemyss – Prosolution Private Clients Stuart's Book – Rules of the Lending Game & Investopoly Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us Join us at Wealth Retreat 2024 – www.WealthRetreat.com.au Shownotes plus more here: Don't Fall for the Trap: Navigating the Minefield of Financial Scams with Stuart Wemyss
All community footballers could be forced to wear helmets in the near future, with a head protection trial being launched this season. The Australian Competition and Consumer Commission has revealed it is going to look at whether Compare the Market should have to change its name because so many of the insurance products it compares are sold by its parent company. The South Australian international education sector has bounced back and even grown since a Covid slump when border closures prevented students from coming to the state. A prominent Sydney architect, who couldn't resist the lure of her neighbour's beautiful hydrangeas, has been convicted of being a flower thief. See omnystudio.com/listener for privacy information.
Inflatie wordt vaak gezien als de veroorzaker van de hoge kosten van levensonderhoud. Maar in een rapport, uitgevoerd in opdracht van de Australian Council of Trade Unions, staat dat er meer speelt. Professor Allan Fels, voormalig voorzitter van de Australian Competition and Consumer Commission, schrijft in het rapport over prijsopdrijving en oneerlijke prijzen.
The Australian Competition and Consumer Commission will conduct an inquiry into Australia's supermarket sector, including the pricing practices of the supermarkets and the relationship between wholesale and retail prices.
In the latest episode of Antitrust Review, host Nick Levy is joined by Gina Cass-Gottlieb, Chair of the ACCC, the Australian Competition and Consumer Commission.Their conversation covers Gina's first 18 months as Chair of the ACCC, the proposed reforms of Australian merger control, the ACCC's enforcement practice, the role of sustainability considerations, the regulation of Big Tech, and much more.
We continue to delve into greenwashing, with Sarah Benbow and Patrick Gay exploring the broad commercial, regulatory and legislative changes addressing ESG in the Australian consumer sector. In Part 1, Sarah and Patrick look at the nature of the Australian Competition and Consumer Commission's concerns regarding ESG claims and how it's been taking action recently in this space.
Australian merger laws are facing a revamp, amid concerns that the voluntary-notification system was being gamed by global dealmakers. But while there's broad agreement that the voluntary component of the existing regime needs to be scrapped, there are divisions about which model Australia should embrace. The antitrust regulator is campaigning for a formal but speedy model; lawyers are campaigning for a US-style model that would give their clients ready access to the Federal Court of Australia. MLex has covered all the twists and turns of the debate and spoken to key players in the process, including Chief Adviser to the Competition Taskforce Marcus Bezzi and Australian Competition & Consumer Commission Chair Gina Cass-Gottlieb.
The Australian Competition & Consumer Commission is cracking down on our online space. Two new reports flag major concerns when it comes to social media influencers disclosing advertising; and businesses commissioning and collating their own reviews. In this episode of The Briefing ACCC Acting Chair Catriona Lowe takes us through what we should be looking out for online. Headlines: New industrial relations reforms passed Heatwave hitting most of the countries east with temperatures in the 40s Alan Jones lawyers issue defamation notice over assault claims Scientists found a better way to grind coffee Follow The Briefing:Instagram: @thebriefingpodcast Facebook: TheBriefingNewsAUTwitter: @TheBriefingAUSee omnystudio.com/listener for privacy information.
The latest report on the childcare sector from the Australian Competition and Consumer Commission suggests families are struggling with the financial burden of early childhood. - Iminungkahi sa pinakahuling ulat ng Australian Competition and Consumer Commission na ang mga pamilyang Australyano ay nahihirapan sa pinansyal na pasanin ng childcare.
Australia's consumer watchdog has released a report revealing the enormous burden of childcare fees on households. The Australian Competition and Consumer Commission (ACCC) report is the second in a series of drafting recommendations to the government to improve outcomes in the sector.
Les parents australiens paient près de deux fois la moyenne de l'OCDE pour la garde de leurs enfants selon un rapport de l'ACCC - Australian Competition and Consumer Commission.
Australian businesses have been warned not to mislead customers in making environmental claims about their products and services. The Australian Competition and Consumer Commission has released draft guidelines in a bid to improve consumer confidence in environmental claims made by companies. - Աւստրալիական ձեռներէցութիւններուն զգուշացում կատարուեցաւ որ յաճախորդները չխաբեն բնապահպանական պնդումներ կատարելով իրենց ապրանքներու և ծառայութիւններու վերաբերեալ:
It's EV News Briefly for Monday 6th March. I'll be back as usual at 5pm UK time, that's Midday Eastern, for the full podcast. Patreon supporters get the episodes as soon as they're ready AND ad free. You can be like them by clicking here. France's plugin electric vehicle (EV) market share reached 23.8% in February, with full electrics driving the growth, while traditional combustion-only powertrains declined to 49%. The Dacia Spring remains the best-selling full electric, followed by Tesla's Model Y and Peugeot e208. Mazda North American Operations reported its best-ever February sales in the US, while the newly introduced Mazda MX-30 electric vehicle (EV) is not selling well in the US with only two sales in February. A minority German political party, the Free Democratic Party (FDP), is attempting to block the EU regulation to ban internal combustion light vehicles by 2035. The FDP wants biofuel-powered vehicles to be exempt, hoping to support the German car industry, but the EU regulation is necessary to ensure the transition to fully electric vehicles. General Motors (GM) has announced its partnership with Samsung SDI to build a joint venture plant in Michigan, USA, marking the company's second partnership with an automaker in North America. The plant will have an annual production capacity of 50 GWh. Li Auto is building an 800 V high-voltage supercharging station in China, indicating preparations for a transition to pure electric vehicles. The company plans to accumulate 3,000 supercharging stations by 2025. Tesla has reduced the price of new inventory Model 3 and Model Y vehicles in Europe by 1.5% to 7%, with savings varying across different countries. This likely comes as Tesla looks to increase its market share in the competitive European market, following similar strategies it has implemented in China. Tesla will start selling the Carbon Ceramic Brake Kit for the Model S Plaid, enabling the sporty sedan to reach its advertised top speed of 200 mph. The kit will cost $20,000 and is expected to be released in limited quantities. Tesla is recalling 3,470 Model Y cars due to an issue with seat bolts that could affect the seat belt system in a collision. Unlike previous recalls that could be resolved via over-the-air software updates, this recall requires a physical fix. Our Next Energy has been selected by BHE Renewables to provide energy storage units to a solar-powered manufacturing hub in West Virginia worth $500 million. The EV battery startup will also build a factory on the site to assemble more battery storage systems. EverCharge and PassKey are collaborating to develop a Battery Energy Storage System (BESS) to supplement EverCharge's EV charging stations. The BESS will be used to consolidate power during off-peak hours and deploy the energy via EV charging stations during periods of high demand. Lithium iron phosphate (LFP) battery technology, which is prevalent in China, is gaining ground in the US electric vehicle market as manufacturers look to embrace its cheaper cost and safety, despite holding less energy per pound than nickel-rich batteries. Our Next Energy will begin producing LFP batteries in Michigan this month, expanding next year after opening a new $1.6bn plant, and by 2027, it intends to supply enough LFP batteries for 200,000 EVs. Incoming Toyota CEO Koji Sato is calling for big changes in the way Toyota does business after the company acknowledged that Tesla has leapfrogged them in battery-powered cars, inspiring Toyota to regroup and find better solutions. Toyota is already working on a new EV platform to go into production in 2026. Greenpeace has lodged a complaint with the Australian Competition and Consumer Commission (ACCC) accusing Toyota Australia of greenwashing, claiming the car manufacturer's claims about its environmental credentials are misleading. The complaint comes after an ACCC review found that 57% of 247 Australian companies reviewed had made "concerning" claims about their environmental credentials. Xcel Energy's plan to install approximately 730 EV fast chargers in Minnesota, which would make it the largest utility-owned charging system in the country, has sparked opposition from various stakeholders, including the gas station and EV charging industries, the Minnesota Department of Commerce, and consumers. While Xcel hopes to jump-start the slow EV market in Minnesota, critics argue that Xcel's market power as a monopoly utility would crowd out private investment, ultimately slowing EV growth. Over two-thirds of planned lithium-ion battery production in Europe is at risk of being delayed, scaled down or cancelled, due to American subsidies and slow permitting processes, warns a report by Transport & Environment. Without EU-wide financial support to scale up battery production, Europe will not be able to satisfy its battery demand in 2030 and will need to import from foreign rivals. Electric vehicle charging infrastructure is vulnerable to cyberattacks, according to cybersecurity experts. There are concerns that the rush to create a comprehensive charging infrastructure could come at the expense of cybersecurity.