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The ACCC has decided to grant interim authorisation to the Insurance Council of Australia (the ICA) and its members who issue business interruption insurance policies. The ICA lodged an application for authorisation to enter and give effect to agreements to use a web-based portal called the DSpark Tool that is being developed to assist in the assessment of business interruption insurance claims arising from COVID-19.
The ACCC has issued a determination granting authorisation to Macquarie Capital (Australia) and its parent company Macquarie Corporate Holdings (Macquarie Group) to identify a group of buyers and collectively negotiate power purchasing agreements with the developer of a new renewable energy project in Victoria, currently a large-scale wind farm.