Displaying items by tag: Australian Competition and Consumer Commission ACCC

Australian businesses reported over $14 million in losses to Scamwatch due to payment redirection scams last year, and average losses so far in 2021 are more than five times higher compared to average losses in the same period in 2020, according to the ACCC.

Consumers on NBN fixed-line connections experienced strong speed performance in December last year, with retail service providers achieving between 85.0 and 98.9% of
maximum plan speeds across all fixed-line plans in the busy evening hours of 7-11pm in December 2020, according to the latest Measuring Broadband Australia report from the competition regulator, the Australian Competition and Consumer Commission.

The current period of structural upheaval in Australia’s energy sector provides an opportunity for more affordable energy- and savings for consumers - and must not be wasted, according to Australia’s competition watchdog chief Rod Sims.