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Australian Competition and Consumer Commission (ACCC) Stories - Page 2

Australian Stories

Australian Competition and Consumer Commission (ACCC) stories

FinTech Australia urges reform of R&D tax incentives
Artificial Intelligence

FinTech Australia urges reform of R&D tax incentives

FinTech Australia is urging the government to revamp R&D tax incentives as investment in early-stage fintechs declines, risking a two-speed sector.

By Kaleah Salmon • 3 min read • Thu, 20th Mar 2025
Microsoft exposes phishing scam targeting Booking.com hosts
Malware

Microsoft exposes phishing scam targeting Booking.com hosts

Microsoft has revealed a phishing scam targeting hotel owners on Booking.com, warning the tourism sector of rising cyber threats and significant financial risks.

By Sean Mitchell • 2 min read • Fri, 14th Mar 2025
Australian regulator chooses TechnologyOne's ERP solution
Digital Transformation

Australian regulator chooses TechnologyOne's ERP solution

The Australian Energy Regulator has selected TechnologyOne's SaaS+ solution, marking a first for federal agencies under the new DTA ERP panel.

By Kaleah Salmon • 2 min read • Tue, 4th Mar 2025
Is your refund and returns policy ACCC-compliant?
Fitbit

Is your refund and returns policy ACCC-compliant?

The ACCC has highlighted misleading return policies on over 2,000 Australian retail websites, prompting calls for businesses to review compliance with consumer rights.

By Emily Booth • 3 min read • Wed, 26th Feb 2025
Australians urged to beware AI romance scams' deception
Valentine's Day

Australians urged to beware AI romance scams' deception

As Valentine's Day approaches, experts warn Australians to remain cautious of AI-assisted romance scams, causing significant loss, with AUD $35 million reported in 2023.

By Melania Watson • 2 min read • Wed, 12th Feb 2025
Revised telecom code seeks stronger consumer safeguards
Cloud / Communication Service Providers

Revised telecom code seeks stronger consumer safeguards

Communications Alliance has proposed revisions to the Telecommunications Consumer Protection Code, aiming to enhance consumer safeguards in Australia.

By Kaleah Salmon • 3 min read • Tue, 17th Dec 2024
Australians warned of Black Friday online shopping scams
Malware

Australians warned of Black Friday online shopping scams

Australians are being warned to stay vigilant as online shopping scams surge during Black Friday, with losses exceeding AUD $14.9 million this year.

By Imee Dequito • 3 min read • Tue, 19th Nov 2024
Fed gov imposes fines for inadequate scam prevention
Unified Communications

Fed gov imposes fines for inadequate scam prevention

The federal government is set to impose fines of up to AUD $50 million on companies failing to implement effective measures against rising fraud.

By Sean Mitchell • 3 min read • Tue, 19th Nov 2024
Australia's scam prevention law aims for AUD $50m fines
Unified Communications

Australia's scam prevention law aims for AUD $50m fines

Australia's new Scam Prevention Framework compels banks and telecoms to tackle rising scams, with fines of up to AUD $50 million for non-compliance.

By Shannon Williams • 3 min read • Fri, 8th Nov 2024
Bitdefender launches AI platform to tackle online scams
EduTech

Bitdefender launches AI platform to tackle online scams

Bitdefender has launched 'Scam Copilot', an AI platform designed to combat online scams, amid concerns over AUD $2.7 billion lost to fraud in Australia.

By Imee Dequito • 3 min read • Wed, 16th Oct 2024
Communications Alliance urges safe harbour in scams law
Unified Communications

Communications Alliance urges safe harbour in scams law

The Communications Alliance is pushing for a safe harbour in the new Scams Prevention Framework to protect telcos from excessive liabilities.

By Melania Watson • 3 min read • Tue, 8th Oct 2024
Vodafone's network expansion to cover 98.4% of Australia
Optus

Vodafone's network expansion to cover 98.4% of Australia

The ACCC has greenlit Vodafone's regional network sharing deal, set to expand coverage from 96% to 98.4% of Australians and double its geographical reach by 2025.

By Shannon Williams • 3 min read • Fri, 6th Sep 2024
Scam Awareness Week: An opportunity to check your attack surface
Firewalls

Scam Awareness Week: An opportunity to check your attack surface

As cyber scams become more sophisticated due to AI, Scam Awareness Week urges Australians to secure their digital assets, with over AUD $3.1 billion lost in 2022 alone.

By Scott Mann • 4 min read • Thu, 29th Aug 2024
ACCAN & ACCC unite to call for overhaul of TCP Code
Australian Communications and Media Authority

ACCAN & ACCC unite to call for overhaul of TCP Code

ACCAN and the ACCC have united to urge a complete overhaul of the TCP Code, citing fundamental shortcomings that leave Australian consumers inadequately protected.

By Shannon Williams • 3 min read • Wed, 10th Jul 2024
Open Banking in Australia sees rapid growth in consumer adoption
Fintech

Open Banking in Australia sees rapid growth in consumer adoption

The fourth edition of FinTech Australia's Open Banking Ecosystem Map shows a 165% rise in Consumer Data Right adoption, supported by Mastercard.

By Shannon Williams • 3 min read • Tue, 25th Jun 2024
Queensland's tech leaders gather at ACS Summit in Brisbane
Generative AI

Queensland's tech leaders gather at ACS Summit in Brisbane

The ACS Tech Summit in Brisbane spotlights Queensland's fast-growing tech sector, with projections indicating over 200,000 tech jobs by 2030.

By Shannon Williams • 3 min read • Fri, 31st May 2024
Parcel scams on the rise as Aussies face mounting threats
Physical Security

Parcel scams on the rise as Aussies face mounting threats

Australia Post research reveals 73% of Australians have encountered package delivery scams, urging the use of official apps for parcel tracking to thwart schemes.

By Shannon Williams • 3 min read • Thu, 30th May 2024

Global Stories

Australian Competition and Consumer Commission (ACCC) stories

Australia among top 10 sources of phishing attacks in global report
EduTech

Australia among top 10 sources of phishing attacks in global report

Australia has entered the top ten origins for phishing attacks, with a 479.3% rise in hosted phishing content and losses amounting to AUD $26.1 million.

By Sean Mitchell • 3 min read • Tue, 28th May 2024