The Australian Competition and Consumer Commission declares pursuant to section 152AL(3) of the Act that the line sharing service is a "declared service" for the purposes of Part XIC of the Act.
This document records the Australia and New Zealand Banking Group's ("the ANZ") commitment to implementing the New Tax System changes in accordance with Part VB of the Trade Practices Act 1974 and the ACCC's Price Exploitation Guidelines.
Cable & Wireless Optus ("CWO") is committed to ongoing processes of efficiency and innovations to reduce costs and ensure savings are passed on to our customers. This document is an extension of that commitment.
The public compliance commitment reflects the Commonwealth Bank Group's ("the Commonwealth") strong culture of compliance and its intention to be open and direct with its customers and the ACCC in relation to the effects of the New Tax System.