Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 21 - 30 of 199 results for "Australian Competition and Consumer Commission"

CDPP dumps ANZ cartel case

KARREN VERGARA  |  MONDAY, 14 FEB 2022
... from an ANZ institutional share placement in August 2015 worth $2.5 billion. The Australian Competition and Consumer Commission led the investigation and later referred it to the CDPP. ACCC chair Rod Sims said: "We respect the independent decision of ...

Sydney Airport takeover given green light

JAMIE WILLIAMSON  |  THURSDAY, 9 DEC 2021
The Australian Competition and Consumer Commission will not oppose the acquisition of Sydney Airport by a consortium comprising IFM Investors, AustralianSuper and others. The Sydney Aviation Alliance, which consists of IFM Investors, AustralianSuper ...

Bond scam defrauds SMSFs $2.8m

KARREN VERGARA  |  MONDAY, 15 NOV 2021
... benefit by deception and 13 counts of reckless dealing with proceeds of crime. The Australian Competition and Consumer Commission found that Australians have lost over $70 million to investment scams in the first half of 2021. This figure is expected ...

Hostplus grilled on common ownership, collusion

KARREN VERGARA  |  MONDAY, 20 SEP 2021
... being revealed [and] who the investor is," Wilson said. After discussions with the Australian Competition and Consumer Commission at a separate hearing recently, Wilson said many issues were raised such as "the veil of corporate secrecy" and capital ...

Every super fund should cover every occupation: FSC

KANIKA SOOD  |  FRIDAY, 13 AUG 2021
... that an industry-led solution requires consultation with regulators, including the Australian Competition and Consumer Commission (ACCC), Australian Securities and Investments Commission (ASIC) and the Australian Prudential Regulation Authority (APRA). ...

Aon, Willis Towers Watson terminate merger

ELIZABETH MCARTHUR  |  TUESDAY, 27 JUL 2021
... the merger in August 2020, as did the European Commission. However, locally, the Australian Competition and Consumer Commission said in February that it believed the merger would diminish competition. More information about what the merger falling over ...

ACCC merger reforms may impact super industry

ELIZA BAVIN  |  FRIDAY, 26 FEB 2021
... becomes increasingly concerned about lack of competition in financial services. Australian Competition and Consumer Commission (ACCC) chair Rod Sims said merger reforms will be a key focus for the consumer watchdog this year, flagging concerns over the ...

ACCC gives IOOF go ahead

ANNABELLE DICKSON  |  TUESDAY, 15 DEC 2020
The Australian Competition and Consumer Commission (ACCC) has given its blessing for IOOF to acquire MLC Wealth as the combined firm will face competition in all aspects of wealth management. The consumer watchdog said it does not oppose IOOF's $1.4 ...

ACCC amends consumer data right rules

ALLY SELBY  |  FRIDAY, 2 OCT 2020
The Australian Competition and Consumer Commission (ACCC) amended the consumer data right rules to allow intermediaries to collect data on behalf of third party recipients. The changes will allow accredited businesses to obtain consumer data with their ...

APRA, ACCC sign new MoU

ALLY SELBY  |  TUESDAY, 15 SEP 2020
The Australian Prudential Regulation Authority and the Australian Competition and Consumer Commission have signed an updated memorandum of understanding in a bid to increase information sharing, coordination, and cooperation between the two regulators. ...