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Showing 1 - 8 of 8 results for "Competition Commission"

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 ...

Data sharing laws updated in response to Optus breach

JAMIE WILLIAMSON  |  FRIDAY, 7 OCT 2022
... Entities that wish to receive the data must provide written commitments to the Australian Consumer and Competition Commission that they will obey all their obligations under the legislation and, once no longer needed, destroy all the information. They ...

PNG regulator denies Westpac Pacific sale

ANNABELLE DICKSON  |  TUESDAY, 14 SEP 2021
Papua New Guinea's consumer regulator, the Independent Consumer and Competition Commission (ICCC), has denied Westpac's sale of its Pacific business to Kina Securities. Kina Securities was set to pay $420 million for Westpac Fiji and 89.91% of Westpac ...

Super, fund manager ASX dominance launches inquiry

KARREN VERGARA  |  MONDAY, 2 AUG 2021
... number of 'mega funds' and that trajectory will increase," he said. The Australian Consumer and Competition Commission believes common ownership poses threats to competition when it hits 10%, yet some major investors have a 30% holding. "We don't ...

Second best month of the year

BENJAMIN ONG  |  MONDAY, 14 NOV 2011
Will yuletide 2011 be another season to be jolly? Yes 'tis the season to be jolly - fa la la la la la la - if you believe the Stock Trader's Almanac, that is. "According to app.com, "Seasonality, at least according to history, is about to swing to stocks' ...

Market Wrap - Morning

AAP  |  TUESDAY, 15 MAR 2011
... in the Federal Court in Sydney, the case continues between Metcash Ltd and the Australian Consumer and Competition Commission (ACCC) over Metcash's attempt to take over Franklins supermarkets. On Monday, Australian shares closed at a 14-week low as fears ...

NAB granted more time on AXA bid

PRESS RELEASES  |  MONDAY, 19 JUL 2010
... APH), AXA SA and National Australia Bank (NAB) have agreed to extend the period for NAB to address the competition commission's concerns till the end of August. The comes after all three entities announced they were close to extending the period for ...

ACCC should regulate fund advertising: IFSA

ALEX DUNNIN  |  MONDAY, 9 OCT 2006
... Securities and Investments Commission (ASIC) and handed to the competition regulator the Australian Consumer and Competition Commission (ACCC), said the Investment and Financial Services Association (IFSA) in their submission to the Parliamentary Inquiry ...
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