Australia’s competition regulator the ACCC has raised concerns over customer loyalty schemes including poor disclosure about how consumer data is used and shared, and the selling of insights from the data to other parties without consumer knowledge.
Retail giant Coles has secured a 10-year agreement with global renewable power generation company Metka EGN to build three new solar power plants from which it will purchase more than 70% of the electricity generated to power its stores and distribution centres across Australia.
The Commonwealth Bank says there’s been a surge in tap and pay transactions over six months, with its own customers increasingly using their smartphones instead of their wallets when making payments.
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