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Wholesale ADSL

17 December 2021
Declared Service Pursuant to section 152ALA(4) of the Competition and Consumer Act the Australian Competition and Consumer Commission extends the expiry date for the wholesale asymmetric digital subscriber line service (Wholesale ADSL Service) declaration to 30 June 2024.
On 16 December 2021, the Australian Competition and Consumer Commission (ACCC) granted an exemption under section 56GD of the Competition and Consumer Act 2010 (Cth), to Teachers Mutual Bank Limited (TMBL) from its obligation to share consumer data relating to transactions that occurred prior to 1 November 2020 in respect of former members of Pulse Credit Union Limited.
On 16 December 2021, the Australian Competition and Consumer Commission (ACCC) granted an exemption under section 56GD of the Competition and Consumer Act 2010 (Cth) to Arab Bank Australia Limited (Arab Bank) deferring its consumer data sharing obligations until 3 November 2022.

REDARC Electronics Pty Ltd

10 December 2021
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 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.
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.