Chemist Warehouse merger a potential boon for Aussie body wash, lolly brands
Growing Australian businesses with products stocked in Chemist Warehouse are excited by its proposed merger with pharmacy titan Sigma Healthcare -- and the prospect of Chemist Warehouse growing even further on the global stage.
Spon cons: ACCC says 81% of influencers could be breaching consumer law
Australia's consumer watchdog says social media influencers continue to push the boundaries of consumer law, raising the prospect of penalties against online personalities and small businesses that don't label paid posts correctly.
Neural Notes: OpenAI drama, Musk launches Grok (not that one), Aussie watchdogs on AI
In this week's Neural Notes column: OpenAI drama, Elon Musk launches Grok, and ACCC, OAIC, ACMA & eSafety Commissioner join forces to address AI in Australia.
Government says failed competition laws have led to lower productivity and wages
The government is currently consulting on moves to strengthen competition laws, with big company mergers and acquisitions in the firing line.
“Can’t keep up”: Gina Rinehart urges Mark Zuckerberg to crack down on Meta scams
Australia's richest person Gina Rinehart has urged Meta founder Mark Zuckerberg to crack down on the "hundreds" of imitation scams on Facebook which use Rinehart's image and likeness.
Sydney car dealership under fire for $55 cash ‘surcharge’
The dealership said it was a cash handling fee that was mislabelled as a surcharge. Meanwhile, card surcharges are generally less than 1.5%.
Fake website scams: Gorman, Frankie Says Relax issue warnings over imitation sites
Australian fashion label Gorman has once again warned customers to beware of imitation sites, after scammers tricked buyers into purchasing items from a fake digital storefront.
Brilliant Lighting admit to engaging in resale price maintenance
Company has admitted to engaging in resale price maintenance and has submitted a court-enforceable undertaking to the Australian Competition & Consumer Commission.
NSW Small Business Commissioner challenges big firms accused of shady subscriptions practices
Debt collectors are chasing small businesses which fall into auto-renewing contracts they can no longer afford, the New South Wales Small Business Commissioner says, highlighting problematic behaviour by big-name service providers and the power imbalance between businesses large and small.
Massive contract changes to hit Australian businesses
Businesses should expect that regulators – the ACCC in particular – will be active in enforcing and prosecuting the use of unfair contract terms.
What will AI rules for business look like? These Australian regulators have shared some clues
A submission from regulatory supergroup DP-REG is major key to understanding today's AI regulations, and how they could change in the future.
New unfair contract term ban and $50 million penalties now in effect
Legislation imposing significant penalties on individuals and organisations for using unfair terms in standard-forms contracts has come into effect.