Peter Martin, Crawford School of Public Policy, Australian National University
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.
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.
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.
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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.
Reuters
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.
Sarah Joy/Flickr
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.
Mark Graham/AAP
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.
AAP
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…