The ACCC and the AER
The Australian Competition and Consumer Commission (ACCC) is an independent Commonwealth statutory authority. Its role is to enforce the Competition and Consumer Act 2010 and a range of additional legislation, promoting competition, fair trading and regulating national infrastructure for the benefit of all Australians.
The Australian Energy Regulator (AER) is Australia's national energy market regulator.
While specific functions vary according to the legislated responsibilities of the ACCC and AER, the 2 bodies share many common objectives. Both work to protect, strengthen and supplement competitive market processes.
The ACCC makes decisions through formal meetings of its Commission. The AER makes decisions through its independent board. ACCC Commissioners and AER board members are statutory officers.
The AER shares staff, resources and facilities with the ACCC.
Making markets work for consumers, now and in the future.
Competitive, informed and, when necessary, well-regulated markets lead to lower prices, better quality products and services, and more choice. This increases the prosperity and welfare of all Australians.
We focus on taking action that most promotes the proper functioning of Australian markets, protects competition, improves consumer welfare and stops conduct that is anti-competitive or harmful to consumers.
The ACCC employs the following strategies to achieve our purpose:
- maintaining and promoting competition
- protecting the interests and safety of consumers, and supporting fair trading in markets affecting consumers and small business
- promoting the economically efficient operation of, use of, and investment in infrastructure, and identifying market failure
- undertaking market studies and inquiries to support competition, consumer and regulatory outcomes.
National Competition Council
The ACCC provides secretariat services to the National Competition Council (NCC), including advice and support in relation to NCC recommendations, decisions and reports, and administrative services.
- MOU - National Competition Council and ACCC ( PDF 303 KB )
- ACCC-NCC Confidential Information Protocol ( PDF 98.16 KB )
The ACCC is an independent statutory authority that was established in 1995 to administer the Trade Practices Act 1974 (renamed the Competition and Consumer Act 2010 on 1 January 2011) and other acts.
We have a Chair, Deputy Chairs, Commissioners and Associate Members. Appointments to the ACCC involve participation by Commonwealth, state and territory governments.
The ACCC currently comes under the portfolio responsibilities of The Treasury.
Milestones representing key aspects in the development and administration of competition and consumer law in Australia.
ACCC and AER annual reports
Corporate plans and priorities
Memorandum of understanding between the ACCC, AER and AEMC - 2014 ( PDF 780.19 KB | DOCX 292.76 KB )