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Credit card surcharge crackdown: ACCC takes Europcar to court

Credit card surcharge crackdown: ACCC takes Europcar to court

The regulator will get critical, plus our easiest pointers for keeping off credit score card surcharges on flights. Two years after first telling businesses they could not rate credit score card surcharges that had been upper than the real value of processing them, the Australian Competition and Consumer Commission (ACCC) …

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ACCC questions lack of transparency in private health

Rising health insurance premiums "threatening the viability of the entire health system"

They have requested the Senate to empower shoppers as phase of the federal government’s present spherical of health care reforms. Private health insurers don’t seem to be giving shoppers sufficient knowledge to make knowledgeable choices about their private health care, in line with the ACCC in its 2016-17 Report to …

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ACCC slaps Apple with $nine million fine over iPhone ‘Error 53’ issue

ACCC slaps Apple with $nine million fine over iPhone 'Error 53' issue

Misrepresentations over guaranty standing of iPhones repaired by means of 0.33 events prices Apple pricey, however what is going to this imply for you? The ACCC has introduced that Apple will probably be hit with a $nine million penalty following its investigation into the problems surrounding Apple’s repair policies around …

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Northern Australian homeowners distressed over the state of insurance

Northern Australian homeowners distressed over the state of insurance

The ACCC’s inquiry into the northern Australian insurance marketplace finds a deeply annoyed and at a loss for words public. Residents in northern Australia pay two times up to everybody else for home and contents insurance, in keeping with the ACCC. This and different findings launched lately are phase of …

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Scammers fleeced Australian businesses out of nearly $340 million in 2017

Scammers fleeced Australian businesses out of nearly $340 million in 2017

Phishing, id robbery and false billing scams accounted for a complete of greater than 55,000 scams. Scammers fleeced Australian businesses out of nearly $340 million in 2017 in keeping with the ACCC’s Targeting Scams report. This represents a 23% build up over the previous year. However, now not all of …

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2017 was peak of cryptocurrency and fidget spinner-related scams

Is bitcoin over, or will it skyrocket once more?

Australians most effective misplaced $2.1 million misplaced to crypto scams in 2017, appearing how little-used it in point of fact is. Australians reported $2.1 million misplaced to cryptocurrency scams in 2017, in line with a newly released ACCC report (PDF). The figures come from blended experiences to Australian Cybercrime Online …

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Car makers withholding repair manuals

Car makers withholding repair manuals

ACCC criticised producers for offering preferential get admission to to virtual automotive repair data just for licensed sellers. Car producers are withholding complete get admission to to important technical data for unbiased garages, mentioned the Chairman of the Australian Competition and Consumer Commission (ACCC) Rod Sims mentioned at an trade …

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Australian mobile service pricing dropped three.1% last year

Australian mobile service pricing dropped three.1% last year

ACCC record displays we are ever extra hungry for mobile and stuck line information, however paying some distance much less for it through the years. The Australian Competition & Consumer Commission (ACCC) has launched its report into the pricing of telecommunications products and services for the 2016-2017 monetary year. It …

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Australians lost $89 million to scams in 2017

Australians lost $89 million to scams in 2017

Scams have reached a file top, with greater than 161,000 reported to the ACCC remaining 12 months. A file choice of scams value Australians greater than $89 million in 2017 in accordance to contemporary analysis from finder.com.au. 161,572 court cases had been reported to the Australian Competition and Consumer Commission …

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4 important takeaways from the open banking review

4 important takeaways from the open banking review

Open banking is anticipated to extend innovation whilst lowering the monopoly of the large banks. After a lot dialogue and debate, the result of the Review into Open Banking were launched lately. On 20 July 2017, treasurer Scott Morrison commissioned the review into open banking in Australia. Currently, banks and …

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