On 22 December 2020 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), deferring the commencement date of its Phase 2 product reference data obligations until 1 July 2021.
The Australian Competition and Consumer Commission (ACCC) has accepted a court enforceable undertaking from electricity retailer 1st Energy Pty Ltd (1st Energy) for making representations to consumers in unsolicited telemarketing calls that likely breached the Australian Consumer Law (ACL).