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…

TPG to Compensate Customers For Slow NBN Speeds

TPG internet customers will be compensated after being misled about the maximum speed they could achieve on their National Broadband Network (NBN) plan. Almost 8,000 customers will be compensated for slower-than-expected internet speeds after the telco marketed its highest speed internet plan as “seriously fast internet” between September 1 2015 and 30 June 2017. “TPG…