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The collapse of Rex Airlines has seen contributed to the soaring price of airfares in recent months.
The Pharmacy Guild criticised the merger, warning it could limit wholesaling options and potentially raise costs for patients.
Shadow Treasurer Angus Taylor cautions that while the bill may tackle competition issues, it risks adding red tape, compliance costs, and stifling innovation.
Littleproud’s Bill aims to boost consumer protections and divestiture powers, while Taylor proposes amendments to the Competition and Consumer Act.
These individuals include many disadvantaged customers.
If approved, the ban on debit card payment fees could come into effect by January 2026.
The proposed reforms will also speed up merger deals that are deemed not to threaten competition.
It was revealed that senior managers were partially aware of the issue but failed to take timely action.
Standardised ‘unit pricing’ is considered the best way for customers to ascertain value for money.
Albanese’s comments come as Australia’s major supermarkets face new action from regulators.
Several market players and experts have already raised concerns about the slots management at the Sydney Airport.
Legal action against Google in the U.S. could offer renewed hope to Australian authorities who say the search engine giant hasn’t been playing fair.
‘This predicted shortfall is likely to take place one year earlier than what previous reports have forecast,’ the ACCC said.
A waste management industry body is calling for government action due to the number of fires starting around the country.
The competition watchdog said that the increase in airline seat capacity contributed to lower airfares for domestic travel.
The codeshare agreement will allow Virgin Australia passengers to access an unlimited number of seats on Air New Zealand, subject to availability.
Investment scams caused the most financial losses, accounting for $1.3 billion.
Treasurer Jim Chalmers says the current voluntary regime is ’too hit and miss’ and there’s no way of knowing if the right mergers are being scrutinised.
Australia has accumulated 48,000 petabytes worth of personal data, and one group believes it’s time to make this data more readily available.
The ACCC claims that for a 7-month period, 26 percent of deliveries took longer than 20 days to arrive at customers doors.
