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Showing 31 - 40 of 232 results for "Australian Competition"

ANZ, Suncorp deal cops industry backlash

CASSANDRA BALDINI  |  TUESDAY, 19 JUL 2022
ANZ's proposed takeover of 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 ...

ACCC delays approval of Link Group acquisition

JAMIE WILLIAMSON  |  MONDAY, 6 JUN 2022
The Australian Competition and Consumer Commission is 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 ...

BT superannuation lead joins Citi

JAMIE WILLIAMSON  |  THURSDAY, 31 MAR 2022
... transition of Citi's consumer business to NAB; the acquisition was approved in November last year by the Australian Competition and Consumer Commission. She brings more than 20 years' experience to Citi, having previously held roles including division ...

Key Budget measure won't help economy: Academic

JAMIE WILLIAMSON  |  FRIDAY, 25 MAR 2022
... splurging taxpayer dollars chasing a few votes. "I would like to see the Treasurer giving real power to the Australian Competition and Consumer Commission to control wild fluctuations in fuel prices at the pumps." Greater funding for mental healthcare ...

Disclosure lacking in common ownership: Committee

JAMIE WILLIAMSON  |  FRIDAY, 18 MAR 2022
... odds with Section 45 of the Competition and Consumer Act 2010." Finally, the committee has recommended the Australian Competition and Consumer Commission (ACCC) be tasked with actively monitoring common ownership in Australian markets, and also be able ...

CDPP dumps ANZ cartel case

KARREN VERGARA  |  MONDAY, 14 FEB 2022
... cartel allegations arising 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 ...

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
... obtaining financial 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 ...

Hostplus grilled on common ownership, collusion

KARREN VERGARA  |  MONDAY, 20 SEP 2021
... asset, but it's not 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 ...

Every super fund should cover every occupation: FSC

KANIKA SOOD  |  FRIDAY, 13 AUG 2021
... "The FSC recognises 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 ...