Powered by MOMENTUM MEDIA
Broker Daily logo

ACCC

5 April 2023

The competition watchdog is seeking further feedback before making a decision on ANZ’s proposed acquisition of Suncorp Bank.

9 September 2022

The Australian Competition and Consumer Commission will not oppose the proposed acquisition of Link Administration Holdings by Dye & Durham Corporation.

25 August 2021

The commission is calling for submissions on how NAB’s proposed purchase of Citi’s Australian consumer bank would impact competition.

16 December 2021

The competition watchdog has watched all banks who have not kept up with its open banking roll out, warning of potential enforcement actions for non-compliance.

5 January 2024

The ACCC has cautioned government that allowing anti-competitive mergers to persist could result in increased prices and reduced options for consumers and businesses.

15 February 2023

Details of the inquiry into how banks set interest rates for savers and home loan borrowers have been revealed by the competition watchdog.

16 June 2022

The competition watchdog has commenced a review into claims that property settlement platform PEXA has acted to shut out rivals in the market.

5 January 2023

iSignthis’ CDR application had been rejected, the first ever from the ACCC, the regulator has confirmed.

15 February 2023

The Australian Competition and Consumer Commission has announced that Liberty Financial Pty Limited is now an accredited data recipient.

31 March 2023

The consumer watchdog has called for heightened vigilance among bank customers amid reports of up to $800,000 in losses from a single scam.  

5 December 2023

The consumer watchdog has made a “fatal mistake” when it knocked back ANZ’s $4.9 billion acquisition of Suncorp Bank, the counsel representing ANZ has told the competition tribunal.

10 October 2024

The long-awaited ACCC merger reform has been tabled before the Australian Parliament today (10 October). With this release, the goals and implementation of the reform were revealed, giving ...

17 June 2022

The regulator has expressed fears for competition around a proposed acquisition, warning that it could further fuel a monopoly for the property settlements giant.

21 February 2024

The competition watchdog has said it will take time to ‘reflect’ on the tribunal’s decision to overturn its decision blocking the ANZ-Suncorp Bank merger.

14 December 2022

ANZ’s proposed acquisition of Suncorp’s banking arm is now officially being considered by the competition watchdog, with a formal decision expected on 12 June 2023.

10 April 2024

Mergers will be approved within 30 working days and follow a single decision-making process as part of new merger reforms, which the ACCC has welcomed.

6 March 2024

The competition watchdog “does not propose to seek review” of the competition tribunal’s decision to grant authorisation for ANZ to acquire Suncorp.

8 November 2021

The competition watchdog has said that it does not intend to conduct a public review of the proposed acquisition of buy now, pay later giant Afterpay by digital payments company Square, Inc

28 August 2023

The major bank has announced it has filed an application for the Australian Competition Tribunal to review ACCC’s acquisition denial.

4 August 2023

ABA members have been granted permission to co-ordinate on developing an industry standard to prevent and detect scams.