Australian competition watchdog to increase fuel market scrutiny
The ACCC will urgently meet with fuel market participants to seek more detailed explanations for recent pricing conduct during the current Middle Eastern crisis.
The ACCC will urgently meet with fuel market participants to seek more detailed explanations for recent pricing conduct during the current Middle Eastern crisis.
The Australian Competition and Consumer Commission (ACCC) allows collaboration for cash-in-transit initiatives.
The Commonwealth Bank of Australia (CBA) has paid penalties totalling $792,000 after the ACCC issued it with four infringement notices.
The ACCC has authorised AusPayNet and members of the Australian Paper Clearing System to facilitate the wind down of Australia’s cheques system.
The ACCC authorisation allows the major banks and retailers to provide financial support to Armaguard.
National Australia Bank Limited (NAB) has paid penalties totalling $751,200 after the ACCC issued it with four infringement notices.
The Treasury’s Cheques Transition Plan aims to cease the issuing of cheques by 30 June 2028 and close the cheques system by 30 September 2029.
The Australian Competition and Consumer Commission (ACCC) has granted interim authorisation to AusPayNet and AP+.
Under the new legislation, the ACCC will closely monitor regulated entities’ compliance with principles to prevent, respond to and report scams.
The ACCC has granted interim authorisation to allow ABA, banks and retailers to provide support to cash-in-transit business Armaguard.