Displaying items by tag: Australian Competition and Consumer Commission ACCC

Australia’s competition regulator the ACCC has granted interim authorisation for members of the Australian Securitisation Forum (ASF) to work together to assist smaller lenders to maintain liquidity and issue loans to consumers and small businesses during the “economic disruption” caused by the COVID-19 pandemic.

The chair of the Australian Competition and Consumer Commission (ACCC) Rod Sims says the competition watchdog is focused on the critical role of the communications sector during the current COVID-19 crisis and the delivery of better services while maintaining longer term competition and efficiency in the market.

Scammers are now trying to exploit Australians financially impacted by the COVID-19 crisis, according to the Australian Competition and Consumer Commission which says that new superannuation scams have been reported to its Scamwatch service in recent weeks.