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The Australian Competition and Consumer Commission (ACCC) has accepted a court enforceable undertaking from CAMI and iTutor tutoring software suppliers, Compass Matin Pty Ltd [ACN 140 170 038] (Compass Matin) and eduCollect Pty Ltd [ACN 139 749 572] (EduCollect), in relation to Compass Matin and EduCollect’s use of unfair contract terms within the meaning of section 24 of the Australian Consumer Law (ACL) and representations made by Compass Matin to consumers in contravention of sections 18 and 29(1)(g) of the ACL.

On 4 November 2021, the Australian Competition and Consumer Commission (ACCC) granted an exemption under section 56GD of the Competition and Consumer Act 2010 (Cth), to Australia and New Zealand Banking Corporation Limited (ANZ), deferring its product reference data and consumer data sharing obligations for its new ‘ANZ Plus’ brand products until 31 March 2022.

On 4 November 2021, the Australian Competition and Consumer Commission (ACCC) granted an exemption under section 56GD of the Competition and Consumer Act 2010 (Cth), to Commonwealth Bank of Australia (CBA) deferring its phase 2 consumer data sharing obligations in respect of a product offered by the ‘Unloan’ brand, where accounts are held by individual customers who are employed by Commonwealth Bank of Australia at the time they commence accessing the product, until 1 April 2022.

On 26 October 2021, the Australian Competition and Consumer Commission (ACCC) granted an exemption under section 56GD of the Competition and Consumer Act 2010 (Cth), to Volt Bank Limited (Volt Bank) deferring its reciprocal data sharing obligations for phase 2 products until 1 November 2021 and phase 3 products until 1 February 2022.

The Australian Competition and Consumer Commission (ACCC) has accepted a court enforceable undertaking from AA Machinery Pty Ltd (trading as Agrison) and its sole Director, Mr Volkan (Nick) Yokus (Mr Yokus), in relation to representations concerning consumers’ rights under a warranty and the availability of after sales service and spare parts.

On 21 October 2021, the Australian Competition and Consumer Commission (ACCC) granted an exemption under section 56GD of the Competition and Consumer Act 2010 (Cth) to Citigroup Pty Ltd for all closed Virgin Money Australia Online Saver accounts it issued on behalf of Bank of Queensland Limited.

On 21 October 2021, the Australian Competition and Consumer Commission (ACCC) granted an exemption under section 56GD of the Competition and Consumer Act 2010 (Cth) to Commonwealth Bank of Australia (CBA) from its obligations to share consumer data for its subsidiary brand, Bankwest, in respect of specified obsolete product lines.