Sector: Financial services

ACCC moves quickly to provide immunity for coordination during COVID...

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ACCC Chair Rod Sims announced the ACCC’s 2020 compliance and enforcement priorities during his annual speech at the Committee for Economic Development of Australia on 25 February 2020....

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ACCCount on me, says the ACCC

February 19, 2020 | 0 Comments

ACCC publishes report on activities for the last quarter of 2019, highlighting the regulator’s key wins, decisions and inquiries in the period...

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The ACCC has published its 2018/19 Annual Report, providing us with an in-depth look at its operations for the year....

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Banking inquiry

ACCC banking on further inquiry

October 8, 2019 | 0 Comments

Regulator pushing for inquiry into competition in retail banking...

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Banking on the ACCC

February 6, 2019 | 0 Comments

As the banking world digests Commissioner Hayne’s report, we look at what the Banking Royal Commission might mean for the ACCC....

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The ACCC’s Annual Report: The Year in Review

October 25, 2018 | 0 Comments

Still much work to be done...

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On 22 March 2018, Dowsett J delivered judgment on penalties in ASIC v Cassimatis, the long running litigation related to the collapse of Storm Financial. The judgment provides interesting insights as to the Court’s...

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With Federal Parliament already considering increases to the maximum pecuniary penalties for non-compliance with certain sections of the Australia Consumer Law (ACL) (see our article here), a Bill to implement other changes to ACL was...

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With housing affordability remaining a persistent headline issue, and following sustained regulatory scrutiny into Australia’s financial system generally, the ACCC’s preliminary findings on the pricing of residential mortgage products have been highly anticipated by borrowers...

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