ACCC

Gen Z the fastest growing group of scam victims

Zoomers - those aged under 25 - are falling victim to scams at a faster rate than older generations, most notably for fake event tickets and online shops.

By Harrison Astbury ● March 10, 2020

ACCC drafts guidelines to make power prices fairer

New guidelines designed to reduce the price of electricity for consumers have been laid out by Australia's competition watchdog.

By William Jolly ● March 10, 2020

ACCC delays open banking launch to July 2020

Fundamental changes to Australia's banking system that were set for launch in February next year have been pushed back six months.

By Alex Brewster ● December 20, 2019

TransferWise setting the benchmark for international money transfers in Australia

Despite our love of travelling overseas, Australians are being gouged with hidden transaction fees and exchange rate markups every time we send or spend money abroad.

By Emma Duffy ● November 13, 2019

Up Bank and Transferwise announce partnership set to make sending money overseas cheaper

More than 130,000 Up Bank customers will now be able to send money abroad in 52 currencies directly from their transaction account without having to leave the app.

By Emma Duffy ● October 15, 2019

Former ACCC Chair urges borrowers to consider non-bank lenders

If you’re wondering why your bank hasn’t passed on interest rate cuts in full, former ACCC Chair Graeme Samuel says fed up borrowers should take their business to smaller lenders.

By Emma Duffy ● October 15, 2019

Treasurer announces ACCC inquiry into mortgage prices

Treasurer Josh Frydenberg has today asked Australia’s competition watchdog to conduct an inquiry into the banking sector’s refusal to pass on recent interest rate cuts in full to its customers.

By William Jolly ● October 14, 2019

ACCC says we’re paying too much for foreign currency services

A report by Australia’s consumer watchdog the ACCC into foreign currency conversion has found Australians are getting ripped off to the tune of millions of dollars, and the big four banks are partly to blame.

By William Jolly ● September 03, 2019

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