Proposal to set minimum advertised prices for Dewalt power tools rejected

The ACCC has issued a final notice rejecting a proposal by Stanley Black & Decker to set a minimum advertised price for Dewalt brand power tools, accessories and attachments.

The ACCC has assessed Stanley Black & Decker’s resale price maintenance notification and concluded that any public benefits that resulted from setting minimum advertised prices for the Dewalt products would not outweigh the likely detriments.

Prices for feminine hygiene products fall

Nearly all businesses removed GST on menstrual products from 1 January 2019, resulting in lower prices, a new report from the ACCC has found.

The ACCC has issued a monitoring report today examining the prices, costs and profits relating to the supply of menstrual products in the feminine hygiene industry in Australia, following a direction from the Treasurer the Hon Josh Frydenberg in November 2018. 

The ACCC welcomes businesses implementing the removal of the GST on time and reflecting this with lower prices.

Former Murray Goulburn MD Gary Helou to pay $200,000 penalty

The Federal Court has ordered former Murray Goulburn Co-operative Managing Director Gary Helou to pay $200,000 in penalties for being knowingly concerned in Murray Goulburn’s false or misleading claims about the farmgate milk price it expected to pay dairy farmers during the 2015-16 milk season.

“The penalty imposed against Mr Helou reflects his seniority at Murray Goulburn and involvement in misleading representations about the farmgate milk price,” ACCC Deputy Chair Mick Keogh said.

Payment surcharges - only charge what it costs you

Do you charge customers a surcharge on transactions? This is a quick guide to what you can and can’t include when working out your surcharge.