The cosmetic, clothing, footwear, and food and drink industries have the highest levels of misleading claims around greenwashing, says Australia’s consumer watchdog. The Australian Competition and Consumer Commission (ACCC) on March 2 revealed that of the 247 businesses investigated, over half (57 percent) were “vague or unclear” about their environmental credentials. This practice is called…
Cosmetic, Clothing, Food Sectors Have Highest Rate of Greenwashing: Australian Corporate Watchdog
March 2, 2023
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New South Wales Labor to Cap Tolls at $60 a Week
New South Wales Labor will cap road tolls at $60 a week if it wins the March state election, as the party seeks to overhaul the bloated toll network and press infrastructure operators for a better deal. Over 50,000 drivers would be better off under the plan, saving around A$147 million (US$101.62 million) over its…
Australian Retailers to Face A Gloomy Second Half of 2022
June 20, 2022
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Economists have predicted that Australian retailers will see their sales slowing down in the second half of 2022 as consumers are reducing their spending due to living cost pressures and interest rate hikes. In its latest quarterly retail forecasts report, Deloitte Access Economics said it was likely that most of the growth in retail revenue…
Airbnb Sued by Australian Authorities for Misleading Prices
June 8, 2022
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Australian authorities have taken court action against online accommodation marketplace Airbnb for alleged misleading pricing practices. In a new statement, the Australian Competition and Consumer Commission (ACCC) alleged that between January 2018 and August 2021, Airbnb did not clarify that the prices displayed on its website for Australian accommodation were in U.S. dollars, causing consumers…
Australian Consumer Watchdog Concerned Over Product Ranking Algorithms
April 29, 2022
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Australia’s consumer watchdog has started to scrutinise product rankings on online marketplaces such as Amazon, eBay and Kogan for potential unfair competition practices. After imposing tens of millions of dollars in penalties on hotel booking site Trivago and ride-sharing and food delivery mobile app Uber for misleading customers, the Australian Competition and Consumer Commission (ACCC)…
Australian Consumer Watchdog Sues Meta for Cryptocurrency Scam Ads
March 18, 2022
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AustraliaAustralian Competition and Consumer CommissionBusiness & EconomyCompaniescryptocurrency scamFacebookInternationalMedia & Big TechmetamisinformationRod SimsUSUS NewsWorld
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Australia’s consumer watchdog has filed a lawsuit against Facebook’s parent company Meta over cryptocurrency scam ads, which conned AU$100 million (US$73.83 million) from Australians last year. The Australian Competition and Consumer Commission (ACCC) has filed the legal action in the Federal Court of Australia, alleging the tech giant knew scam ads were running on Facebook…
Australian Federal Police Launch Investigation Into RATs Price Gouging
January 20, 2022
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The Australian Federal Police has launched an investigation into rapid antigen test (RAT) price gouging and has warned that individuals and businesses selling COVID-19 tests for more than 20 percent of the original retail purchase rate will face five years’ imprisonment or a $66,000 fine. AFP Assistant Commissioner Crime Command Nigel Ryan said there would be…
Australians Importing Christmas Gifts Should Buy Early as Ports Face ‘Intense Pressure’: ACCC
November 3, 2021
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The Australian consumer watchdog said the current global supply chain crisis is putting “intense pressure” on Australian exporters and importers, meaning people planning to import Christmas gifts should finalise their purchases early. The Australian Competition and Consumer Commission’s (ACCC) Container Stevedoring Monitoring Report 2020-21 revealed that a number of Australian exporters are currently struggling to…
Australians Are Now Paying More for Their Mobile Plans
Recent price increases by the three biggest telco companies mean millions of Australians will be paying more for their mobile phone plans. New analysis by the Australian Competition and Consumer Commission (ACCC) has found that since July 2020, Telstra, Optus, and Vodafone has pushed up the prices of many post-paid plans. These three telco companies…
Google Found Guilty of Misleading Australian Customers on Data Collection
April 16, 2021
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The Australian Federal Court has found Google guilty of misleading customers about personal location data collection on android mobile devices in a world-first enforcement action by the country’s consumer watchdog. The Australian Competition and Consumer Commission (ACCC) has been pursuing legal action against Google’s “misleading conduct” since Oct. 2019. “This is an important victory for consumers,…
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