Chairman Rod Sims delivers the opening address to the ACCC / AER Regulatory Conference in Brisbane. Mr Sims introduces the conference theme and outlines the challenges of regulating for efficient infrastructure outcomes. The Chairman also proposes five areas of microeconomic reform covering privatisation, roads, congestion pricing, shipping and water.
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.
Red Energy Pty Ltd has paid four infringement notices totalling $26,400 and provided a court enforceable undertaking to the Australian Competition and Consumer Commission for alleged misrepresentations made by a Red Energy telemarketer.
Red Energy supplies retail energy to consumers in Victoria, South Australia and New South Wales. Red Energy employees conduct telemarketing to generate sales in these states.