Published on December 17, 2010 by Technology Slice
Shops Must Give Refunds – Consumers have the same rights to a refund or exchange on defective or imperfect sale items as they do on full-priced products. And, according to Australian Competition and Consumer Commission chairman Graeme Samuel, they always have. The retail myth was quashed after an ACCC investigation into the parent company of [...]
Tags: Australian Competition, Christopher Zinn, Circumstances, Commission Chairman, Consumer Contract, Consumers, Fashion Chains, Fashion Retailers, Graeme Samuel, Honour, Jigsaw, Liberties, Mr Samuel, myth, Parent Company, Retail Stores, Shoppers, Spokesman, Timely Reminder, Webster
Posted in General
Published on December 17, 2010 by Technology Slice
Virgin Blue/Etihad Given Draft Approval – Virgin Blue looks likely to be given approval by the Australian Competition and Consumer Commission on a code sharing agreement with Middle East airline Etihad, with draft approval given by ACCC the same day the competition regulator approved Virgin Blue’s alliance with Air New Zealand. Virgin Blue EtihadVirgin Blue [...]
Tags: Abu Dhabi, Accc Chairman, Air New Zealand, Airlines, Australia, Australian Competition, Australian Consumers, Blue Virgin, Connecting Flights, Detriment, Draft Approval, Flyers, Graeme Samuel, Middle East Airline, virgin blue
Posted in Travel
Published on December 12, 2010 by Technology Slice
Mortgage Exit Fees Banned – Treasurer Wayne Swan will announce today plans to ban mortgage exit fees – blamed for dampening competition by making it prohibitively expensive for customers to switch to cheaper loans – from July 1 next year. The Sunday Age believes the much-anticipated banking competition package also includes a plan to give [...]
Tags: anger, Australian Competition, australians, Banking Sector, banks, Building Societies, Competition Package, Credit Unions, Do The Right Thing, Exit Fees, Fifth Pillar, interest rates, July 1, Lenders, Mr Swan, Rivals, Swan, Teeth, Treasurer Wayne, Wayne Swan
Posted in Money
Published on November 3, 2010 by Technology Slice
Wayne Swan Thinks He Will Keep Banks Honest – Mr Swan’s comments come after the Commonwealth Bank yesterday increased its standard variable interest rate by almost double that of the Reserve Bank. The Federal Government is under pressure after Opposition Treasury spokesman Joe Hockey’s vowed to unveil a nine-point plan last week to reign in [...]
Tags: anz, Australian Competition, Basis Points, Cba, Commonwealth Bank, Federal Government, Federation Of Small Businesses, Half An Hour, Home Loan Rates, Joe Hockey, Melbourne Cup Field, Mr Swan, nab, Net Profit, Percentage Points, Swan, Treasury Spokesman, Variable Interest Rate, Wayne Swan, Westpac
Posted in Money
Published on October 21, 2010 by Technology Slice
National Broadband Network Faces Delays – Ms Gillard said any delay would hurt consumers and small businesses. “So we are urging the opposition today to not delay this bill,” she told reporters in Canberra. “Do not delay and cause extra days of higher prices and less choice, particularly for those Australians who live in our [...]
Tags: Accc, Airports, Australian Competition, australians, Business Plan, Canberra, Competition Issues, Conroy, Gillard, Internet Service Providers, National Broadband Network, Nbn, Private Member, Productivity Commission, Rollout, Small Businesses, Tasmania, Telecommunications Sector, telstra, Trade Practices Act
Posted in Internet
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