I graphed the average online rate for a $10,000 deposit against the Reserve Bank’s cash rate, going back to 2010. After seeing what that graph reveals, you’ll want to call your bank.
There are good grounds to argue the competition watchdog, or federal treasurer Jim Chalmers, should be vetoing the deal.
The inaugural chair of the ACCC says Gina Cass-Gottlieb’s experience opposing the ACCC in court will prove invaluable, and that it’s time to appoint a lawyer as chair.
Shared ownership means Australian industries are far more concentrated than traditional metrics suggest.
It enjoys huge network effects that lock users in. Google does not.
Facebook might not have been able to cut off news sites were it not for the draft code. Whatever comes out of this is unlikely to be more competition.
What made Facebook grow big wasn’t what its targets would have been without it, it was what they were able to do with it.
Understanding the forces that drive the online economy is crucial for consumers, and increasingly citizens.
Ritchie B. Tongo/EPA
No regulation can fix the disruption of journalism by search engines, social media and digital content aggregators.
Facebook and Google potentially face fresh curbs on their market power.
The Australian Competition and Consumer Commission says the sheer dominance of Google and Facebook has distorted other businesses’ ability to compete on their own merits.
On average, customers renewing their insurance policy now pay 34% more than new customers.
Governments can do more to expose the deceptive corporate practice of charging loyal customers more, says competition champion Allan Fels.
Sometimes it’s not clear to the consumer how Google search results come about, and what they show.
The ACCC’s inquiry into digital platforms should make it easier for users to identify advertising on Google.
Josh Frydenberg, Scott Morrison and Malcolm Turnbull at a press conference announcing the possibility of a serious gas shortfall.
Two reports have highlighted the risk of severe gas shortages in the eastern Australian market, prompting calls for the federal government to restrict exports.
The ACCC has referred the Tabcorp/Tatts merger to the Federal Court.
The Federal Court will now have an opportunity to clarify how mergers should be valued, ensuring the ACCC and the Australian Competition Tribunal are applying the same standard.
Despite the dominance of Coles and Woolworths, consumers are still choosing to buy their fresh food at local fruit and vegetable shops and farmers’ markets.
Coles and Woolworths’ representation of “fresh” and “local” food reflects heightened interest among consumers about these values. But they also contributes to concerns about the supply chain.
Economist Ian Harper has delivered the final report in the most comprehensive review of competition law and policy in more than 20 years.
The removal of restrictions on retail trading hours, pharmacies and parallel imports, and a controversial “effects test” on existing misuse of market power rules are among the many recommendations contained…
A proposal to sell off Australia Post has caused controversy.
Australians returning from holidays to work this week were met with headlines reading: “ACCC calls for big asset sell-off”. Australian Competition and Consumer Commission chief Rod Sims had reportedly…