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Showing 41 - 50 of 290 results for "ACCC"

Government consults on reforms to merger rules

CASSANDRA BALDINI  |  MONDAY, 20 NOV 2023
... benefits to consumers, workers and the wider economy." Additionally, the Australian Competition and Consumer Commission (ACCC) has also raised concerns about Australia's merger regime. According to the consultation paper, key concerns highlighted ...

Fears grow around greenwashing litigation protections

ROSE MARY PETRASS  |  WEDNESDAY, 8 NOV 2023
... eliminate attempts of wrongdoing," Motto said. It appears that ASIC and the Australian Competition and Consumer Commission (ACCC) would be only parties able to bring an action under certain provisions of the Corporations Act, Brynn O'Brien of Australasian ...

Experience pathway enshrined in legislation

KARREN VERGARA  |  FRIDAY, 8 SEP 2023
... has new rule-making power to facilitate competitive outcomes in the provision of clearing and settlement service, while the ACCC has new arbitration powers to oversee disputes about the "terms and conditions of access to clearing and settlement services ...

Are indexes the next target for greenwashing investigations?

RACHEL ALEMBAKIS  |  TUESDAY, 8 AUG 2023
... said fund managers "need to tread with care" when it comes to using and assessing indexes as part of fund construction. "The ACCC have recently released draft guidelines on environmental and sustainability claims," Higgins noted. "One of the many issues ...

ACCC slams door on ANZ, Suncorp deal

CASSANDRA BALDINI  |  FRIDAY, 4 AUG 2023
The Australian Consumer and Competition Commission (ACCC) has declined ANZ's $4.9 billion bid to acquire Suncorp Group's banking arm, citing concerns around competition and potential consumer detriment. The regulatory body said it remains unsatisfied ...

ACCC publishes draft guidance on greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 14 JUL 2023
The Australian Competition and Consumer Commission (ACCC) has outlined eight principles designed to combat greenwashing by businesses and protect consumers. The ACCC has published a draft guidance to address "concerning conduct" arising from a recent ...

ANZ reaches agreement with QLD government over Suncorp

CASSANDRA BALDINI  |  FRIDAY, 16 JUN 2023
... step in ANZ's plan to acquire Suncorp Bank despite concerns raised by the Australian Competition and Consumer Commission (ACCC). Under the implementation agreement, ANZ will establish a new major tech hub in Brisbane for technology specialists in digital ...

Suncorp wage scandal comes to a head

ANDREW MCKEAN  |  FRIDAY, 9 JUN 2023
... executive, confirming their compliance. Meanwhile, Suncorp today announced its official response to the preliminary views of the ACCC regarding the proposed sale of Suncorp bank to ANZ. Suncorp group executive Steve Johnston expressed confidence in the ...

Heatmaps drive efficiencies, more consolidation: Cole

CHLOE WALKER  |  FRIDAY, 2 JUN 2023
... and member accounts. Cole said she often discusses this issue with other agencies, particularly with her counterpart at the ACCC. "At a high level, we've talked about whether what we see at the moment for the direction of travel in the super landscape ...

Treasury proposes upping supervisory levies

ANDREW MCKEAN  |  FRIDAY, 26 MAY 2023
... deficiencies in trustee practices. Meanwhile, the total levy funding requirement for Commonwealth agencies such as ASIC and the ACCC was completely eliminated from the 2023-24 Budget, accounting for a $3.6 million reduction in the total financing required. ...