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An unlicensed potato chip factory in Australia has been fined after authorities were tipped off by the facility's grand opening event.According to the Australian Broadcasting Corporation, Western Australia “Spud King” Tony Galati created the house brand chips Spuddies so he could sell them at his Spudshed stores. He established a facility to manufacture the potato chips and acquired all the necessary equipment including an industrial peeler, blancher, fryer and weight checking system to help with portion control and bagging. He just didn't get any work approvals.The “Spud King” may have gotten away with it, at least for a little bit longer, if he hadn't planned and notified regulators about a grand opening event for the factory. But now the Galati Group has been caught for manufacturing without a license and for dumping “non-oily chip-making waste” without a license. The company has been fined $20,000, equal to about $14,000 in the U.S.This is not the first time the “Spud King” has gotten salty with regulators. Galati, a well-known potato grower in Western Australia, played a key role in the full deregulation of the state's potato industry. Even after the Potato Marketing Corporation was cooked, Galati was still found in contempt for purposefully planting more potatoes than allowed.In 2024, the Australian Competition and Consumer Commission hit Galati with more than $60,000 in fines for trading with at least four growers without a horticulture produce agreement in place.No matter how you slice it, the “Spud King” sounds like a potato man who doesn't play by anyone else's potato rules.#manufacturing, #foodmanufacturing, #foodindustry, #industrialnews, #factorynews, #manufacturingnews, #australia, #businessnews, #operations, #compliance, #regulatorycompliance, #potatochips, #foodprocessing, #industrynews, #supplychain
Supermarket giant Coles misled consumers with fake discounts – although it didn’t unlawfully jack up its prices. That’s the verdict of the Federal Court in a big win for watchdog the Australian Competition and Consumer Commission. Now, the ACCC is coming after rival Woolies and grocery suppliers - so how will retailers react, and what will it mean for prices at the checkout? Our reporter Angelica Snowden is here. Read more about this story at theaustralian.com.au and see the video by subscribing to our YouTube channel. Coles misled shoppers with ‘Down Down’ discounts, Federal Court finds How Australia’s biggest farmers allegedly rigged broccoli and lettuce prices Woolworths executive tells court pricing rules stopped suppliers ‘gaming the system’ This episode of The Front is presented by Claire Harvey, produced by Kristen Amiet and edited by Tiffany Dimmack. Our team includes Lia Tsamoglou, Joshua Burton and Jasper Leak, who also composed our music. See omnystudio.com/listener for privacy information.
The Federal Court has found Coles misled shoppers, after the Australian Competition and Consumer Commission (ACCC) sued the supermarket giant for advertising false discounts.
The Federal Court has found Coles misled shoppers, after the Australian Competition and Consumer Commission (ACCC) sued the supermarket giant for advertising false discounts.
Australia is one of the world’s biggest LNG exporters, but according to the Australian Competition and Consumer Commission (ACCC), east coast gas supplies could fall well short of demand from 2028, “despite there being sufficient reserves and resources for at least the next decade”. And Australians are exposed to the full international price of gas, … Continue reading "Australia Finally Reserves East Coast Gas … But…"
Romance Scams: ACCC Deputy Chair Catriona Lowe on Red Flags, AI Risks & How to Protect Yourself | Friends With MoneyRomance scams are evolving fast, and the Australian Competition and Consumer Commission wants Australians to recognise the warning signs earlier.On this week's Friends With Money podcast, managing editor Vanessa Walker speaks with ACCC deputy chair Catriona Lowe about the regulator's romance scam awareness campaign and why these crimes cause serious financial loss and long‑lasting emotional harm.Lowe explains that romance scams involve fake relationships designed to steal money and personal data. They often start on dating apps or social platforms before quickly moving to encrypted messaging services. She outlines two common scam models, fast investment pitches and long‑running “slow burn” requests, and reveals Australians reported more than $28.6 million in losses to Scamwatch through 2025.The episode also explores the ACCC's taskforce approach, a new online relationship health check tool, the incoming scams prevention framework for banks, telcos and digital platforms, the role of organised crime and trafficking, and how AI could help ddefeat reverse image searches.Links: ACCC Scamwatch00:30 What are romance scams?02:42 How big the losses are04:45 How scams move online06:18 Industry crackdown tools07:49 Scams prevention framework11:13 Who runs these rings13:47 AI and future scams16:08 Who Is most at risk19:02 Warning signs and next stepsPodcast Links:Listen on Apple PodcastsListen on SpotifyMoney WebsiteYouTube Podcast PlaylistEmail Us: podcast@moneymag.com.auGet stories like this in our newsletter: bit.ly/3GDirbR
If you are one of those exercised about supermarkets and whether they are scandal merchants, then you must follow the current court case in Australia. It's the second of its type. The Australian Competition and Consumer Commission (ACCC) is dealing with Woolworths, having previously dealt with Coles. The Coles' case decision is reserved as they wait for this week's Woolworths case. The charge, basically, is they up the price of something before they cut the price and claim it's on sale. The lawyers called it a "subtle magic". They are using a basket of goods that involves Tim Tams. The reason I mention this, and you should follow it, is for the simple fact that Australia is not short of supermarkets or supermarket competition. There are the 'Big 3", which is our two plus Aldi, and in total they have ten. The point being, if you asked your average Australian "do they get a good deal and is there enough competition", they would say no. The same way they say 'no' here. Are you ripped off? 'Yes' would be the answer from both sides of the Tasman. And in that is the conundrum. What you feel might well be different to what is real. Especially around money and price are powerful things and often what you want to see is what you will see. Part of it I'm sure is the dynamic nature of supermarkets and the literally thousands of products, and therefore tens of thousands of prices, they deal with every day. Different brands, different sizes, different specials, different deals, one off's vs regular prices, specials vs promotional prices, where in the isle it's placed, what sort of supplier deal is struck, what the cost of transport was, how many you bought etc, etc. It presumably goes on forever. Which is not to say anything other than when it has that many moving parts, telling me it's cheaper to buy baked beans in Sydney or Geneva doesn't explain how this all works. Let's see how the courts work through it and what, if anything, comes from it. But in Australia there's lots of choice and lots of competition. Allegedly there's everything the supermarket critic here could want. And yet they're still in court. See omnystudio.com/listener for privacy information.
Η μεγαλύτερη αλυσίδα σούπερ-μάρκετ στην Αυστραλία, και ο μεγαλύτερος όμιλος εταιριών λιανικού εμπορίου, στη χώρα, εγκαλείται να υπερασπιστεί κατηγορίες παραπλανητικών τιμολογιακών πρακτικών. Η σχετική δίκη ξεκινάει, σήμερα, στο Ομοσπονδιακό Δικαστήριο του Σύδνεϋ, εναντίον της Woolworths, κατόπιν σχετικής προσφυγής της Αυστραλιανής Επιτροπής Ανταγωνισμού και Προστασίας Καταναλωτών, (Australian Competition and Consumer Commission), η οποία είναι γνωστή και με το ακρωνύμιο ACCC. Η δίκη αναμένεται να διαρκέσει 8 μέρες, και ακολουθεί την αντίστοιχη υπόθεση της ACCC, εναντίον της αλυσίδας σούπερ-μάρκετ Coles.
The Reserve Bank of Australia has raised the official cash rate from 3.85 per cent to 4.10 per cent, a 25-basis-point jump designed to cool down a recent spike in inflation; The United Arab Emirates has officially closed its entire airspace as an "exceptional precautionary measure" following reports of incoming missile and drone threats from Iran; Queensland braces for Cyclone Narelle; The Australian Competition & Consumer Commission has officially summoned major fuel retailers, including BP and Ampol, to an emergency meeting to explain skyrocketing petrol prices following the closure of the Strait of Hormuz - where a large portion of the world’s petrol supply passes through; And Two Iranian national football players have officially traded their international jerseys for Brisbane Roar colours as they seek asylum in Australia. THE END BITS Support independent women's media Check out The Quicky Instagram here and our TikTok here Discover more Mamamia podcasts here GET IN TOUCHShare your story, feedback, or dilemma! Send us a voice note or email us at thequicky@mamamia.com.au CREDITS Host: Gemma Donahoe Audio Producer: Lu Hill Mamamia acknowledges the traditional owners of the land on which we have recorded this podcast.Become a Mamamia subscriber: https://www.mamamia.com.au/subscribeSee omnystudio.com/listener for privacy information.
For years, news publishers have watched Big Tech build trillion-dollar platforms partly on the back of journalism while returning little of that value to the organizations that produce it. In Australia, that imbalance triggered one of the world's most aggressive regulatory responses: a bargaining code designed to force platforms like Google and Facebook to negotiate with publishers. The result sent roughly $250 million a year flowing back into the country's news industry and ignited a global debate over whether journalism should be compensated in the digital economy. Rod Sims, the former chair of the Australian Competition and Consumer Commission who helped architect the policy, believes the lesson is clear: when publishers act together and governments address market failures, the economics of journalism can begin to rebalance. Access more at this episode's landing page, at: https://www.editorandpublisher.com/stories/how-australia-forced-big-tech-to-pay-for-journalism-and-what-publishers-everywhere-can-learn,260630
The Foreign Minister says another three Australia-bound flights are scheduled to leave from the United Arab Emirates today, as countries around the world try and get their citizens out of the Middle East.The Federal Government estimates more than 100,000 Australians are currently stuck in the region during the ongoing conflict.Overnight an Emirates flight from the Dubai touched down in Sydney, and passengers had emotional reunions with loved ones.The bombardment of gulf states seems to have subsided and details are emerging of a backchannel deal with Iran to open safe flight corridors from those busy airport hubs.Now the focus has shifted to intense fighting between Israel and the militant group Hezbollah, which is aligned with Iran, and a large part of the population in Lebanon is being forced to evacuate.The French president's urging Hezbollah to stop attacking Israel and the country's military to refrain from any ground offensive into Lebanon.The US has also torpedoed an Iranian warship in the Indian ocean and the Trump Administration says it along with Israel will have complete control of Iran's airspace within a week.While that's going on, stories are emerging of Australians panic buying fuel due to fears the conflict will cut supplies.The federal treasurer is warning petrol stations not to use the chaos as an excuse to rip off motorists.The government's asked the Australian Competition and Consumer Commission to monitor prices at the bowser during the ongoing war.
The Australian Competition and Consumer Commission (ACCC) is taking Coles to the federal court testing allegations the supermarket breached the law by offering “illusory” discounts on many everyday products. Coles denies any wrongdoing. One week into the court battle, business editor Jonathan Barrett tells Reged Ahmad what we've learned about how discounts are set and whether the outcome could bring prices down
Australia lub koom haum Australian Competition and Consumer Commission (ACCC) tau coj lub tuam txhab supermarket Coles coj mus hais plaub liam tias lub tuam txhab no tsis qhia qhov tseeb txog nws cov kev txo nqe muag nws tej khoom kom pheej yig. Tab sis tej kws paub zoo txog tej cai lij choj hais tias zoo li kuj muaj kev cia siab kawg tab sis xyov ACCC puas yuav hais yeej rooj plaub no.
The Australian Competition and Consumer Commission ACCC is taking supermarket chain Coles to federal court for allegedly misleading discount campaigns. The focus is on the allegation that prices were raised in the short term and were then advertised as special offers. The process is considered groundbreaking for the interpretation of “misleading conduct” in consumer law and could have heavy penalties and a signal effect on the entire retail sector. - Die australische Verbraucherschutzbehörde ACCC zieht die Supermarktkette Coles wegen angeblich irreführender Rabattaktionen vor das Bundesgericht. Im Zentrum steht der Vorwurf, Preise seien kurzfristig erhöht und anschließend als Sonderangebote beworben worden. Der Prozess gilt als wegweisend für die Auslegung von „irreführendem Verhalten“ im Verbraucherrecht und könnte hohe Strafen sowie Signalwirkung für den gesamten Einzelhandel haben.
Today's headlines include: Australian Federal Police Commissioner Krissy Barrett has announced the Bondi terrorist attack may have been linked to the Islamic State. The Australian Competition & Consumer Commission has taken HelloFresh and Youfoodz to the Federal Court in separate proceedings, alleging they caught their customers in “subscription traps”. The FBI has announced it foiled a bomb plot targeting businesses and immigration agents, set for New Year’s Eve in Los Angeles. And today’s good news: Researchers at UNSW have found social connections could slow ageing in some dolphins. Reporting with AAP. Hosts: Lucy Tassell and Emma GillespieProducer: Elliot Lawry Want to support The Daily Aus? That's so kind! The best way to do that is to click ‘follow’ on Spotify or Apple and to leave us a five-star review. We would be so grateful. The Daily Aus is a media company focused on delivering accessible and digestible news to young people. We are completely independent. Want more from TDA?Subscribe to The Daily Aus newsletterSubscribe to The Daily Aus’ YouTube Channel Have feedback for us?We’re always looking for new ways to improve what we do. If you’ve got feedback, we’re all ears. Tell us here.See omnystudio.com/listener for privacy information.
Australian Competition and Consumer Commission's (ACCC) national recall notice has been issued after imported coloured play sand was found to contain asbestos. Schools across South Australia, ACT, and Tasmania have been closed or partially closed as remediation efforts begin. Experts say the health risk depends on the type of asbestos and the level of exposure. Authorities are prioritising student and staff safety as they work to remove the contaminated materials.
ஆஸ்திரேலிய நுகர்வோர் நலன் பாதுகாப்பு நோக்கில் இயங்கும் அரசு அமைப்பான Australian Competition and Consumer Commission - ஆஸ்திரேலிய போட்டி மற்றும் நுகர்வோர் ஆணையம் உலக தொழில்நுட்பத்தின் மாபெரும் நிறுவனமான Microsoft மீது ஆஸ்திரேலிய Federal நீதிமன்றத்தில் வழக்கு தொடர்ந்துள்ளது. இது குறித்த செய்தியின் பின்னணி நிகழச்சியை முன்வைக்கிறார் றைசெல்.
Mark Gurman reports Apple plans to bring advertising to Apple Maps, the Australian Competition & Consumer Commission announced legal action against Microsoft over hidden pricing options, and ads on Samsung smart fridges launch November 3rd. MP3 Please SUBSCRIBE HERE for free or get DTNS Live ad-free. A special thanks to all our supporters–without you, noneContinue reading "Samsung Fridge Ads Launch in November – DTH"
Prime Minister Anthony Albanese says jobs and security within Australia will be his focus at the ASEAN summit. Microsoft is being sued by the Australian Competition and Consumer Commission over an alleged breach of consumer law. - アンソニー・アルバニージ首相は、マレーシアのクアラルンプールで開催中のASEAN首脳会議で中国の李強首相や日本の高市早苗首相との会談を終えました。オーストラリア競争・消費者委員会(ACCC)は、アメリカのIT大手マイクロソフト社を消費者法違反の疑いで訴えました。
Today's headlines include: The Australian Competition and Consumer Commission (ACCC) is suing Microsoft over allegations it misled 2.7 million customers. Israeli spy agency Mossad has named a senior Iranian official as the leader behind a spate of global antisemitic attacks, including in Australia. French police have arrested two men in connection to the Louvre jewellery heist. And today’s good news: A spacecraft filled with essential supplies is on its way to the International Space Station. Hosts: Emma Gillespie and Lucy TassellProducer: Emma Gillespie Want to support The Daily Aus? That's so kind! The best way to do that is to click ‘follow’ on Spotify or Apple and to leave us a five-star review. We would be so grateful. The Daily Aus is a media company focused on delivering accessible and digestible news to young people. We are completely independent. Want more from TDA?Subscribe to The Daily Aus newsletterSubscribe to The Daily Aus’ YouTube Channel Have feedback for us?We’re always looking for new ways to improve what we do. If you’ve got feedback, we’re all ears. Tell us here.See omnystudio.com/listener for privacy information.
ລາຍງານໃຫມ່ ຂອງຄນະກັມມະການ ການແຂ່ງຂັນ ແລະຜູ້ບໍຣິໂພກຂອງອອສເຕຣເລັຍ (the Australian Competition and Consumer Commission-ACCC) ພົບວ່າ ຊາວອອສເຕຣເລັຍ ຈໍານວນຫນ້ອຍລົງ ທີ່ລາຍງານ ການຫຼອກລວງ ໃນປີ 2025 ແຕ່ມີການສູນເສັຍເງິນຫຼາຍຂຶ້ນ. ຜູ້ຊ່ຽວຊານຍັງກ່າວວ່າ ຜູ້ບໍຣິໂພກເອງກໍຕ້ອງມີຄວາມລະມັດລະວັງຄືກັນ.
Warbixin cusub oo kasoo baxday hay'adda Australian Competition and Consumer Commission (ACCC) ayaa lagu sheegay in dadka Australian-ka ah ee soo sheegay in lacag laga khiyaameeyey ay tiradoodu yaraatay, laakiin ay taa beddelkeeda, laga dhacay lacag ka badan intii hore
A new report by the Australian Competition and Consumer Commission has found fewer Australians are reporting scams in 2025, but more money has been lost. The report has found people from culturally and linguistically diverse backgrounds are more likely to suffer loss. - آسٹریلین کمپیٹیشن اینڈ کنزیومر کمیشن (ACCC) کی ایک نئی رپورٹ کے مطابق، 2025 میں اگرچہ کم آسٹریلین افراد نے فراڈ یا اسکیمز کی شکایت کی ہیں، لیکن مالی نقصان میں پہلے سے ذیادہ ہوا ہے۔ رپورٹ کے مطابق، ثقافتی اور لسانی طور پر متنوع پس منظر رکھنے والے افراد کے متاثر ہونے اور مالی نقصان اٹھانے کے امکانات زیادہ ہوتے ہیں۔
Uit een nieuw rapport van de Australian Competition and Consumer Commission blijkt dat in 2025 minder Australiërs aangifte doen van oplichting, maar dat ze wel meer geld zijn kwijtgeraakt. Verder blijkt dat mensen met een cultureel en taalkundig diverse achtergrond meer kans lopen om verlies te lijden.
A new report by the Australian Competition and Consumer Commission has found fewer Australians are reporting scams in 2025, but more money has been lost. The report has found people from culturally and linguistically diverse backgrounds are more likely to suffer loss.
rWotD Episode 3030: Carlton & United Breweries Welcome to random Wiki of the Day, your journey through Wikipedia's vast and varied content, one random article at a time.The random article for Wednesday, 20 August 2025, is Carlton & United Breweries.Carlton & United Breweries (CUB) is an Australian brewing company based in Melbourne and owned by Japanese conglomerate Asahi Breweries. Its notable brands include Victoria Bitter, Carlton Draught, Foster's Lager, Great Northern, Resch's, Pure Blonde and Melbourne Bitter.CUB was established in 1904 as a merger of six existing breweries with Carl Pinschof as chairman and became a public company in 1913. It first expanded outside Victoria in 1931 and acquired a number of other brewing companies over the following decades. In 1983 it became a wholly owned subsidiary of Elders IXL and CUB was delisted from the stock exchange. In 1990, Elders IXL was renamed Foster's Group, and in July 2004, Fosters Group changed its name to Carlton & United Beverages. In February 2009, CUB announced the decision to separate the Australian Wine division from the Australian Beer, Cider & Spirits (BCS) division, and rename BCS to Carlton & United Breweries.In December 2011, American multinational SABMiller acquired Foster's Group, and took over ownership of Carlton & United Breweries as part of the acquisition.Subsequently, in October 2016, CUB was included in the purchase of SABMiller by Anheuser-Busch InBev. SABMiller ceased trading on global stock markets and as a result, Carlton & United was then owned by Anheuser-Busch InBev.In July 2019, Asahi Breweries agreed to purchase CUB, with the Australian Competition & Consumer Commission and Foreign Investment Review Board approving the deal in May 2020.This recording reflects the Wikipedia text as of 00:10 UTC on Wednesday, 20 August 2025.For the full current version of the article, see Carlton & United Breweries on Wikipedia.This podcast uses content from Wikipedia under the Creative Commons Attribution-ShareAlike License.Visit our archives at wikioftheday.com and subscribe to stay updated on new episodes.Follow us on Mastodon at @wikioftheday@masto.ai.Also check out Curmudgeon's Corner, a current events podcast.Until next time, I'm neural Danielle.
It's been five years since a Tigerair plane last graced Australia's skies – and the aviation ecosystem is still coping with Tigerair's extinction. That's according to the Australian Competition and Consumer Commission, which has found that domestic capacity has still not recovered to June 2019 levels though demand is now back where it was before the pandemic, as the loss of Tigerair created a hole of around 400,000 monthly seats made worse by later reductions from Rex. Jake Nelson and guest host Daniel Croft of Cyber Daily take a look at the ACCC's report and ask who – if anyone – could fill the gap Tigerair left behind. Plus, how can we solve the growing mental health crisis in general aviation?
The Australian Competition and Consumer Commission recently announced the establishment of a dedicated unit to tackle the rising issue of romance scams, which cost Australians $23.6 million in 2024 alone, with an average loss of $24,216 per victim. In this podcast, Associate Professor Ritesh Chugh from CQ University explores the socio-technological reasons why people—particularly within migrant communities—are vulnerable to these scams, and discusses strategies for prevention and reporting.
Australia correspondent Chris Niesche looks at why the Australian Competition and Consumer Commission has taken e-Harmony to court over subscription traps.
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
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।
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 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.
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. 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?
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.
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 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