MIL-OSI Australia: ACCC will not oppose proposed sale of Aurizon’s Queensland intermodal business
Source: Australian Competition and Consumer Commission The ACCC notes today’s announcement by Aurizon about the sale of its Queensland intermodal business to Linfox. The ACCC has considered the Linfox proposal, and has decided that a public review of the transaction is not required, as we do not consider the acquisition by Linfox will give rise […]
Read More →MIL-OSI Australia: ACCC authorises SA councils’ waste collection tender
Source: Australian Competition and Consumer Commission The ACCC has granted authorisation to Council Solutions and a group of four Adelaide councils to jointly procure kerbside waste collection services. The four councils, Adelaide, Charles Sturt, Marion and Port Adelaide Enfield, are authorised to appoint a single provider for kerbside waste collection services to residents in their […]
Read More →MIL-OSI Australia: Port of Newcastle to reduce charge for Glencore
Source: Australian Competition and Consumer Commission The ACCC has finalised its arbitration of a dispute between Glencore Coal Assets Australia Pty Ltd (Glencore) and Port of Newcastle Operations Pty Ltd (PNO) about terms and conditions for accessing the ‘declared’ shipping channel service at the Port of Newcastle. The ACCC has determined that PNO should reduce […]
Read More →MIL-OSI Australia: Equifax (formerly Veda) to pay $3.5 million in penalties
Source: Australian Competition and Consumer Commission The Federal Court has ordered that Equifax Australia Information Services and Solutions Pty Ltd (Equifax) pay penalties totalling $3.5 million for misleading and deceptive conduct and unconscionable conduct in relation to credit report services following joint submissions by Equifax and the ACCC. Equifax admitted it breached the Australian Consumer […]
Read More →MIL-OSI Australia: ACCC commences inquiry into foreign exchange
Source: Australian Competition and Consumer Commission Sending money overseas, and buying foreign cash, will be the focus of a new ACCC inquiry into foreign currency conversion services. “Whether you’re buying Euros from your bank for an upcoming trip, sending money to family in Indonesia, or you’re a small business trading with suppliers in New Zealand, […]
Read More →MIL-OSI Australia: Publication of gas export parity prices to improve transparency
Source: Australian Competition and Consumer Commission The ACCC has today commenced publication of LNG netback prices on its website. An LNG netback price is an export parity price that a gas supplier can expect to receive for exporting its gas. It is calculated by taking the delivered price of LNG and subtracting the costs of […]
Read More →MIL-OSI Australia: Leading Australian hearing clinic pays penalties for misleading customers
Source: Australian Competition and Consumer Commission Australian Hearing Services has paid penalties totalling $37,800 after the ACCC issued three infringement notices alleging the Australian Government owned corporation engaged in false or misleading conduct in connection with the supply of hearing services to consumers. The ACCC also accepted a court enforceable undertaking from Australian Hearing, which […]
Read More →MIL-OSI Australia: EGR to pay $6m penalty for exclusive dealing
Source: Australian Competition and Consumer Commission Oakmoore Pty Ltd, trading as EGR, and its director Mr Rodney Horwill were today ordered to pay $6.35 million in penalties for being knowingly concerned in exclusive dealing conduct with the purpose of substantially lessening competition. The Federal Court recently imposed penalties of $3.5 million against Palram Australia and $2.1 […]
Read More →MIL-OSI Australia: Telstra refunds $9.3m to 72,000 customers
Source: Australian Competition and Consumer Commission Telstra has refunded $9.3 million to 72,000 customers it misled in relation to its ‘Premium Direct Billing’ (PDB) third-party billing service, according to a report it provided to the ACCC. In April 2018, the Federal Court ordered Telstra to pay penalties of $10 million for making false or misleading […]
Read More →MIL-OSI Australia: ACCC proposes to authorise agreements to promote affordable housing
Source: Australian Competition and Consumer Commission The ACCC has issued a draft determination proposing to authorise SA Housing Authority and Renewal SA to enter into arrangements with land and property developers to increase the supply of affordable housing in the greater metropolitan region of Adelaide. The government of South Australia has set a goal that […]
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