The Federal Court has ordered AGL South Australia Pty Ltd (AGL SA) to pay penalties of $700,000 and to offer refunds totalling approximately $780,000 to 23,000 consumers for making false or misleading representations about the level of discount residential consumers would receive under AGL SA’s energy plans, in proceedings brought by the Australian Competition and Consumer Commission.
The Federal Court of Australia has ordered by consent that Origin Energy Limited and two of its subsidiaries (Origin) pay penalties totalling $325,000 for contravening the Australian Consumer Law (ACL) by making false or misleading representations concerning the level of discount that residential consumers in South Australia would receive under a DailySaver energy plan, in proceedings brought by the Australian Competition and Consumer Commission.
With energy markets in Australia delivering significant challenges for all involved, Chairman Rod Sims provides an update on the ACCC's work on the carbon tax repeal and discusses merger process issues. He also provides some thoughts on the coming privatisation of the Queensland generation assets, and comments on the rapidly changing east coast gas market.
Chairman, Rod Sims, announces the ACCC's priorities for 2014. Issues discussed include drip pricing, disruption of scams, "discounts off what?" in the energy and telco sectors, emerging consumer issues in the online marketplace, and credence claims.
Addressing the University of Wollongong’s SMART international infrastructure symposium, ACCC Chairman Rod Sims discusses the role that appropriate infrastructure regulation can play in the wider productivity debate. Mr Sims explains the key factors underpinning efficient infrastructure in the areas of land transport, shipping, electricity, communications and water.
In the opening address to the Consumer Action Law Centre's energy workshop, Deputy Chair Delia Rickard discusses consumer issues as well as challenges relating to comparability. Ms Rickard also provides an update on some of the key developments which will provide consumers with a voice at the energy regulation table.
A one day forum held on 13 March 2007 at the Stamford Plaza in Melbourne to discuss regulatory issues in telecommunications and electricity.