Petrol prices in Australia’s five largest cities (Sydney, Melbourne, Brisbane, Adelaide and Perth) fell sharply at the end of last year, hitting lows not seen since August 2017.
The Federal Court has ordered Optus pay a $10 million penalty for its treatment of customers who unknowingly purchased games, ringtones and other digital content through its third-party billing service, following action by the ACCC.
Optus admitted that the company misled consumers and breached the ASIC Act when it billed customers for third party-produced content which they mistakenly bought or subscribed to through its “direct carrier billing” (DCB) service.
Australia’s largest ever recall is nearly two thirds progressed with 2.8 million faulty Takata airbags replaced with around 1 million still outstanding.
More than 70 per cent of all affected airbag inflators have been replaced nationally since the Federal Government put manufacturers on notice in February last year.
“Despite good progress, both motorists and car manufacturers shouldn’t become complacent,” ACCC Deputy Chair Delia Rickard said.
“If you receive a letter or call from your car’s manufacturer, don’t delay or ignore it.”
An appeal by the ACCC against a Federal Court judgment in relation to Medibank Private Limited (Medibank) has been dismissed by the Full Federal Court.
The ACCC alleged Medibank made false, misleading or deceptive representations and engaged in unconscionable conduct in relation to its failure to notify Medibank’s, and its subsidiary ahm’s, members of its decision to limit benefits for in-hospital pathology and radiology services, despite representing across a number of its communication and marketing materials that it would.
The ACCC has instituted proceedings against Jetstar Airways Pty Ltd (Jetstar) for making false or misleading representations about consumer guarantee rights under the Australian Consumer Law (ACL).
Jetstar has admitted that it made representations on its website that some fares were not refundable, and that consumers could only get a refund if they purchased a more expensive fare.
“No matter how cheap the fares are, airlines cannot make blanket statements to consumers that flights are non-refundable,” ACCC Chair Rod Sims said.
Jetstar, Tigerair, Qantas and Virgin Australia have committed to ensuring their refund policies and practices comply with their consumer guarantee obligations under the Australian Consumer Law (ACL).
The ACCC was concerned that each airline had made false or misleading representations on their websites that misled consumers about their rights to refunds and resupply in the event of significant flight delays or cancellations.
With Google and Facebook transforming the way consumers communicate, access news and view advertising online, it is critical that governments and regulators consider the potential issues created by the concentration of market power and the broader impacts of digital platforms.
The preliminary report, published today, contains 11 preliminary recommendations and eight areas for further analysis as the inquiry continues.