The Competition and Consumer Amendment (Payment Surcharges) Act 2016 commenced on 25 February 2016. The Act inserts a new part into the Competition and Consumer Act 2010 (CCA) which bans excessive payment surcharges.
A national campaign has been launched by consumer regulators around Australia to warn potential property investors about property spruikers who claim to be ‘wealth creators’ but are really just in it for themselves.
The ACCC has issued a draft determination proposing to re-authorise the Australian Property Institute, on behalf of itself and its current and future members, to make and give effect to clauses in the API Constitution, the API Code of Professional Conduct for Members and associated policies.
The ACCC has issued a final determination granting authorisation to Plumbing Plus and its current and future members in relation to collective bargaining arrangements, exclusive supply arrangements and a catalogue program where members may elect to take part in joint promotions involving recommended prices.