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Showing 61 - 70 of 206 results for "Australian Competition and Consumer Commission"

ANZ and Macquarie fined for cartel conduct

DARREN SNYDER  |  THURSDAY, 15 DEC 2016
... in eight instances of attempted cartel conduct in contravention of the CCA. The Australian Competition and Consumer Commission (ACCC) said its action against the banks in the Federal Court led to the multi-million dollar penalties. The banks were also ...

Pillar sold to Mercer

DARREN SNYDER  |  FRIDAY, 2 DEC 2016
... Sedgwick and Mellon, yet a potential Pillar purchase raised the eyebrows of the Australian Competition and Consumer Commission in October. "Although Mercer (and possibly other providers) may have the capacity to supply superannuation administration services ...

ACCC slams Macquarie and ANZ for cartel conduct

ALEX BURKE  |  FRIDAY, 25 NOV 2016
The Australian Competition and Consumer Commission is commencing proceedings against ANZ and Macquarie Bank for attempted cartel conduct. ANZ and Macquarie co-operated with the ACCC's investigation, and the parties have agreed that the court will be ...

Link makes Pillar bid

DARREN SNYDER  |  FRIDAY, 11 NOV 2016
... Administration from the NSW government. In the past month Link has worked closely with the Australian Competition and Consumer Commission (ACCC) in developing its binding proposal. In an ASX announcement Link said it continues to "work constructively ...

Doubts over Link bid for Pillar

JAMIE WILLIAMSON  |  THURSDAY, 13 OCT 2016
The Australian Competition and Consumer Commission believes the sale of Pillar Administration to Link Group would reduce competition in superannuation. The commission said the sale would entrench Link's dominant position in super administration, resulting ...

Life Insurance Code targets self-regulation

MARK SMITH  |  TUESDAY, 11 OCT 2016
... input of external medical specialists, the definitions will be submitted to the Australian Competition and Consumer Commission for approval. "Life insurers have come together to develop the Life Insurance Code of Practice as a demonstration of just how ...

Canadian instos approved for Aussie ag investment

DARREN SNYDER  |  THURSDAY, 22 SEP 2016
... Australian arm of diversified natural resource company Glencore Agriculture. The Australian Competition and Consumer Commission (ACCC) said it will not oppose the proposed acquisitions of a 40% and 9.99% interest in Glencore Agriculture. Both the Canada ...

IFM and QIC to compete for Port of Melbourne

DARREN SNYDER  |  FRIDAY, 19 AUG 2016
... respective consortium bids to acquire the 50-year lease of the Port of Melbourne. The Australian Competition and Consumer Commission (ACCC) said it will not oppose the two separate proposals after carefully considering potential cross-ownership interests ...

Link considers Pillar bid

DARREN SNYDER  |  WEDNESDAY, 17 AUG 2016
... that if it decides to progress with a bid it may submit for Pillar's assets. The Australian Competition and Consumer Commission (ACCC) indicated that it will commence a public informal merger review in respect of Links' possible bid. "Link Group generally ...

NAB appoints independent customer advocate

KERRIE SYDEE  |  TUESDAY, 12 JUL 2016
... a number of consumer advisory panels, advising authorities including ASIC, the Australian Competition and Consumer Commission, and Consumer Affairs Victoria. NAB chief executive Andrew Thorburn said: "We are committed to making it easier for our customers ...