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Showing 31 - 40 of 217 results for "Australian Competition"

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. ...

Facebook, Google face crypto class action

ANNABELLE DICKSON  |  WEDNESDAY, 26 AUG 2020
... dollars of damage. In addition, the class action alleges the companies breached three provisions of the Australian Competition and Consumer Law including giving effect to a cartel provision in a contract, arrangement or understanding, concerted practice ...

ACCC flags dangers of ERS

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 AUG 2020
The Australian Competition and Consumer Commission (ACCC) has told Financial Standard that the nature of superannuation scams is shifting, having seen a 55% increase in cases of identity theft. The ACCC's national scam awareness week this year is focussed ...

Cyber criminals jump on ERS

ELIZA BAVIN  |  TUESDAY, 4 AUG 2020
... government announced the Early Release of Superannuation (ERS) and JobKeeper schemes, according to the Australian Competition & Consumer Commission. ACCC chair Rod Simms told the joint committee on COVID-19 criminal activity and law enforcement that ...

Super scammers pose as authorities

HARRISON WORLEY  |  FRIDAY, 27 MAR 2020
... superannuation authorities in an attempt to rip-off unsuspecting superannuation members. By midday Thursday, the Australian Competition and Consumer Commission had received 19 Scamwatch reports from concerned members of the public who had been contacted ...

ACCC to probe rate cut decisions

HARRISON WORLEY  |  MONDAY, 14 OCT 2019
The Australian Competition and Consumer Commission (ACCC) has been directed by the government to immediately establish an inquiry into the behaviour of Australia's banks when it comes to passing on interest rate cuts. Announcing the inquiry on this ...

Treasurer moves on broker remuneration

ELIZABETH MCARTHUR  |  TUESDAY, 27 AUG 2019
... remuneration structures involving both upfront and trail commissions will be reviewed in three years' time by the Australian Competition and Consumer Commission. All interested parties are sable to make submissions as part of the consultation on the ...

Open Banking gets another shot in parliament

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 JUL 2019
... customised to individual's needs. "Progress to the February launch is well advanced," Frydenberg said. "The Australian Competition and Consumer Commission (ACCC) will issue the 'lock-down' version of the Rules governing the system by the ...

Australians lose record amount to scams

ELIZABETH MCARTHUR  |  TUESDAY, 7 MAY 2019
... dodgy investments. Australians in total lost almost half a billion dollars to scams in 2018. However, the Australian Competition and Consumer Commission said the figure should be taken with a grain of salt as many people who fall victim to scams choose ...