Tag: ACCC

Higher grocery prices forcing Aussies to make sacrifices

Many younger Australians and lower income households are spending up to one-quarter of their net income on groceries, according to the ACCC. A consumer survey which is part of the ACCC’s Supermarkets Inquiry...

ACCC notes ‘relatively high’ petrol prices

Retail petrol prices in Australia’s five largest cities trended downward in the December quarter 2023 as international refined petrol prices decreased, according to the ACCC’s latest quarterly petrol monitoring report. However they were...

ACCC highlights supermarkets in 2024 priorities

Consumer and competition issues in the supermarket sector and essential services are among the ACCC’s compliance and enforcement priorities for the year ahead. Speaking at a Committee for Economic Development Australia (CEDA) event...

Ombudsman welcomes designated-complaints legislation

The Australian Small Business and Family Enterprise Ombudsman Bruce Billson has welcomed the introduction of legislation into Federal Parliament that will create a “designated-complaints” mechanism to fast-track serious disputes for small businesses...

ACCC to examine supermarket prices and competition

The Australian government has announced that it will direct the ACCC to conduct an inquiry into Australia’s supermarket sector. The year-long inquiry will examine the pricing practices of the supermarkets, along with the...

Viva Energy’s acquisition of OTR approved

Viva Energy’s proposed acquisition of OTR Group has not been opposed by the ACCC, after committing to divesting 25 Coles Express sites in South Australia. The ACCC’s review focused on areas in which...

Retail fuel prices driven by international factors

International factors contributed to higher petrol prices in the September quarter, according to the ACCC’s latest quarterly petrol monitoring report. This included higher international refined fuel prices driven by OPEC oil production cuts and...

Diesel prices were lower than average petrol prices in June 2023

Average retail diesel prices in Australia’s five largest cities (Sydney, Melbourne, Brisbane, Adelaide, Perth) continued to decrease during the June quarter 2023 to similar levels as average retail petrol prices, the ACCC’s latest...
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