The Australian Competition and Consumer Commission has announced it will not oppose JB Hi-Fi Limited’s (ASX: JBH) (JB Hi-Fi) proposed acquisition of the Good Guys Discount Warehouses (Australia) Pty Ltd and the Muir Finance Company Pty Ltd (together, the Good Guys). ACCC Chairman Rod Sims said that based on extensive market feedback and other industry…
Tag Archive for ACCC
This Tax Season Beware of Scams
by themovieboards - Editor •
The Australian Competition and Consumer Commission is urging Australians to hang up on and delete tax scams after more than $1 million was reported lost to Scamwatch already this year, with over 300 people reporting that they lost money to tax scams in the first half of the year. This is compared with 400 people…
Seven Christmas Toys fail safety requirements
by themovieboards - Editor •
The Australian Competition and Consumer Commission’s pre-Christmas safety check of nearly 3,300 toys in stores and online, has found seven potentially dangerous toys that fail mandatory safety requirements. ACCC Deputy Chair Delia Rickard explained that the affected products include four stuffed/plush toys that produce small parts and choking hazards when subject to tension testing; one…
Be Aware of Quad Bike Safety
by themovieboards - Editor •
The Australian Competition and Consumer Commission is warning the community to be fully prepared, wear protective gear and ride safe to prevent quad bike accidents this summer. “Tragically, 20 Australians have died this year from quad bike accidents, including a six-year-old, a seven-year-old and a 15-year-old. In 2014, there were 15 deaths – sadly, a…
Centrelink Scam Alert
by themovieboards - Editor •
The Australian Competition and Consumer Commission is warning consumers to beware of scammers imitating Department of Human Services or Centrelink officers to trick you into handing over your money or personal details. “The ACCC has received a spike in contacts about fake rebate scams in which the scammer claims to be from Centrelink or the…
$45 Mill lost to scams in 2015
by themovieboards - Editor •
The Australian Competition and Consumer Commission is urging the community not to send money or personal details to strangers after $45 million was reported lost to scams already this year and 45,000 complaints made. “Scammers are becoming increasingly sophisticated in their attempts to get your money or personal details. Scams succeed because they look like…
ACCC liquid laundry detergent capsule risks
by themovieboards - Editor •
With two deaths and over 16,000 ingestion cases reported every year worldwide the ACCC, in partnership with international regulators, is urging parents to be careful when using and storing laundry products so they don’t accidentally harm children. “The product has only been widely available in the market recently and its risks are not necessarily well-known.…
Don’t make it a Merry Christmas for the scammers!!!
by themovieboards - Editor •
With the Christmas season fast approaching the ACCC is warning that Scammers are at it again trying to cash-in on the Christmas mail rush by posing as postal services. “Australians send and receive millions of parcels at Christmas time. If you are expecting delivery of a gift for family or friends, or might receive a…
Choose the correct sunnies
by themovieboards - Editor •
The Australian Competition and Consumer Commission is encouraging the community to choose the best protection for their eyes. ACCC Deputy Chair Delia Rickard explained that in Australia, sunglasses must be sold with the correct lens category clearly marked to help consumers choose the right pair for their needs and avoid hazards. “Australians are exposed to…
ACCC launches Scams and Direct Debits Short Films
by themovieboards - Editor •
The Australian Competition and Consumer Commission has recently launched key components of its strategy for Indigenous consumer protection, including two short films and revamped its Indigenous consumer hotline. NT Regional Director Derek Farrell explained that the films are aimed at educating Indigenous consumers about their rights and focus on direct debit contracts and scams, and…