ANZ has already struck a deal with Apple for its contactless payment system but now four other banks are arguing the company is making competition difficult.
The competition in Australia's contactless payment industry is heating up as Apple Pay sets up in Australia. However some banks claim the company is making the system less competitive.
NAB Group CEO Andrew Thorburn will this week answer questions from another committee inquiring into banking practices.
To boost competition in banking we should give consumers better access to data and account number portability.
Meter taxi companies want to level the playing fields between themselves and Uber.
E-hailing services have vowed to revolutionise the transportation industry. But they've also left city officials scratching their heads about regulations and traditional metered taxi drivers fuming.
Load shedding has stopped in South Africa over the last year but that doesn’t mean the country’s power problems are all gone.
It would be better to proactively restructure South Africa's electricity sector to spur innovation and investment and reduce costs before another crisis hits and further derails the economy.
South African Airways is undoubtedly in crisis.
The costs to South Africa of maintaining the ownership of a national airline are proving to be unbearably expensive. It's time to let the struggling carrier go.
Customers need to switch it up.
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A common cry from regulators is that customers must shop around for the best deal – but households rarely look for a better banking deal.
The health sector has been plagued by problems from privatisation similar to those in vocational education.
The presumption in government is that privatisation is always desirable, but many failures have led consumers to think differently.
A business cannot price “too low” or it breaks the law, but undercutting competitors is not necessarily illegal.
It's time that Australians debated the objective of our competition law. It shouldn't just be left to the courts.
A massive irrigation dam on the outskirts of Bourke.
The Productivity Commission report finds that the agricultural industry is overburdened by red tape but there's still no clear solution for the best type of regulation.
Nationals leader and Deputy Prime Minister Barnaby Joyce has been pushing for tighter restrictions on foreign investment in agricultural land.
The Productivity Commission says existing oversight is adequate to deal with misuse of market power.
Pokemon Go puts virtual characters in the real world – which is just part of its appeal.
What research into game play and human interaction can tell us about why the newest mobile game craze is attracting so many different people to play.
Labor argues that market concentration reduces competition but that’s not always the case.
Labor's proposed competition policies are based on incorrect assumptions about market power and fail to address inequality.
The price of voice communication has come down in South Africa. But poor regulation and a lack of competition means that the country still has some way to go to reduce the cost of communication.
Competition among aged care providers may not necessarily be the answer to better aged care.
Increasing competition among aged care suppliers may not mean better services, due to market failures.
What are universities losing in their obsession with competition?
Competition can be a force for positive change. But in its current form, it's setting universities back rather than moving them forward.
Making it into the world championships can depend more on your sport's rules than how good you are.
Domain and REA are going head to head, but what if one reinvented the game?
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Fairfax's Domain is closing the gap on its rival REA, in a game where there's usually one winner.
If a state-owned port is sold at a higher price with competition restrictions, consumers will pay higher prices in the future because of these restrictions.
State governments are now seeking to maximise the price of privatised assets by adding sale terms that restrict competition for the future private owners. That amounts to a hidden tax on consumers.
If done poorly, competition law can actually reduce competition.
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The debate over two words in Australian competition law could lead to an anti-competitive future for Australian businesses.
Starbucks and Fiat must each pay up to €30m in tax repayments after the EU competition commissioner, Margarethe Vestager, ruled deals they made with the Netherlands and Luxembourg counted as unlawful state…