Tag: Australian Competition and Consumer Commission

NAB hit with record fine for consumer data right breach

Posted on   |  by Justin Hendry
National Australia Bank has been slapped with the country’s largest ever fine under the consumer data sharing regime for failing to disclose credit limit information on four occasions. The...

Govt mandates scam-busting SMS ID register

Posted on   |  by Justin Hendry
Telcos will be required to block or warn Australians about scam texts from scammers that spoof legitimate senders after the Albanese government landed on a mandatory approach to its...

Tough digital competition regime proposed by Treasury

Posted on   |  by Brandon How
Australia will set broad limits on anticompetitive behaviour by big tech companies under a proposed framework that could impose penalties of up to $50 million, more than two years...

ACCC assesses claims of PEXA’s anticompetitive behaviour

Posted on   |  by Brandon How
The national competition watchdog is assessing claims that eConveyancing monopolist PEXA engaged in anti-competitive conduct during efforts that were supposed to make its systems interoperable with competitors. These efforts...

Bill to split energy regulator from consumer watchdog arrives

Posted on   |  by Brandon How
The Australian Energy Regulator will be separated from the Australian Competition and Consumer Commission under new legislation that entered parliament more than a year since the split was approved...

Labor-led committee calls for single Digital Affairs minister

Posted on   |  by Brandon How
A Labor-led parliamentary committee has urged the federal government to appoint a Digital Affairs minister to coordinate the regulation of social media and other digital platforms, including across privacy,...

Merger reforms split tech industry groups

Posted on   |  by Brandon How
Australia’s tech industry groups are divided on the impact stricter merger laws will have on the incentive to grow innovative startups in Australia and attract venture capital investment. Among...

Gig Guide: Inaugural Breakthrough Victoria CEO calls time

Posted on   |  by Brandon How
Breakthrough Victoria’s inaugural chief executive Grant Dooley has announced his intention to step down after three years in the role. The organisation, which manages the state government’s $2 billion...