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Showing 31 - 40 of 257 results for "ACCC"

ANZ, Suncorp deal cops industry backlash

CASSANDRA BALDINI  |  TUESDAY, 19 JUL 2022
... Suncorp's banking division has generated varying industry speculation. The Australian Competition and Consumer Commission (ACCC) has raised concerns around the deal and announced plans to commence a review of the acquisition that will involve extensive ...

Link rejects Dye & Durham takeover bid

ANDREW MCKEAN  |  MONDAY, 11 JUL 2022
... July. In the proceeding days, this $4.30 per share offer was bumped up to $4.57. Notwithstanding the takeover agreement, the ACCC recently said it hadn't yet agreed to provide 'approval' or any decision. The consumer watchdog also said it hadn't reached ...

ACCC delays approval of Link Group acquisition

JAMIE WILLIAMSON  |  MONDAY, 6 JUN 2022
... delaying its decision on the proposed acquisition of Link Group by Dye & Durham Corporation, which was expected this week. The ACCC was due to announce its decision on Thursday, June 9. It will now aim to deliver its findings on June 16. This has been ...

ACCC on financial services priorities

CASSANDRA BALDINI  |  WEDNESDAY, 1 JUN 2022
ACCC chair Gina Cass-Gottlieb has said the regulator is focused on promoting effective competition, investigating allegations of anti-competitive conduct, and protecting the interests of consumers in the financial services sector. Speaking at an AFR ...

Volatile crypto markets need better regulation: CHOICE

ANDREW MCKEAN  |  TUESDAY, 31 MAY 2022
... year the consumer advocacy group reported that Australians lost $99 million in crypto investment scams in 2021. Of note, the ACCC acted over alleged misleading conduct by Meta (formerly Facebook) for publishing scam celebrity crypto ads. The ACCC contends ...

Labor promises cheap childcare, climate action

ELIZABETH MCARTHUR  |  FRIDAY, 1 APR 2022
... it estimates would leave four in five families better off than they are now. Further, a Labor government would require the ACCC to design a price regulation mechanism to shed light on costs and fees in child care with the goal of driving fees down. The ...

Cash bonus and fuel excise cut

TOM WATSON  |  TUESDAY, 29 MAR 2022
... country in the coming weeks, so drivers will have to wait to find out what the exact price impact at the pump will be. And the ACCC has also confirmed that it's petrol monitoring task force will be contacting petrol retailers to set expectations ...

Disclosure lacking in common ownership: Committee

JAMIE WILLIAMSON  |  FRIDAY, 18 MAR 2022
... Committee on Economics has recommended greater disclosure obligations for institutional investors and proxy advisors and for the ACCC to actively monitor common ownership in Australia - all the while sharing little evidence to suggest common ownership ...

ASIC considering more action on Sterling collapse

KARREN VERGARA  |  MONDAY, 14 FEB 2022
... the hearing, Longo flagged that ASIC, together with the Reserve Bank of Australia, the Council of Financial Regulators and ACCC, will continue to closely monitor the ASX's CHESS replacement program, particularly now the program is in key testing and ...

CDPP dumps ANZ cartel case

KARREN VERGARA  |  MONDAY, 14 FEB 2022
... $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 the CDPP, and with them will consider what lessons can be learnt ...