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.
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Articles on Australian competition and Consumer Commission
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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.
No regulation can fix the disruption of journalism by search engines, social media and digital content aggregators.
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.
Governments can do more to expose the deceptive corporate practice of charging loyal customers more, says competition champion Allan Fels.
The ACCC’s inquiry into digital platforms should make it easier for users to identify advertising on Google.
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 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.
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.
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…
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…
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