ACCC Calls For Overhaul to Electricity Market to Cut Power Prices

Australia’s consumer watchdog claims households and businesses could save hundreds of dollars in power bills, if a radical overhaul of the electricity market is implemented. The Australian Competition and Consumer Commission (ACCC) has found in a year-long audit of the system that it was “broken” and needed to be “reset”. It believed a lack of…

Telstra to Refund 42,000 Customers for Slow NBN Speeds

Telstra has offered to refund around 42,000 of its customers who experienced slow speeds while connected to the National Broadband Network (NBN). The telco will offer remedies to people after admitting it may have breached consumer law by promising NBN speeds it could not deliver to customers who purchased internet services through both Telstra and…

Jetstar gets go ahead to enter asian market

Australian airline Jetstar has been given the go-ahead to enter the Asian market and consolidate their co-ordination with their joint ventures. The ACCC ruled today that there was no conflict of interest by allowing the QANTAS owned airline to procede with it’s endeavours and noted the positive benefits of the airline moving further into Asia.…