What the FX? Small business lobby calls on ACCC to “act now” on money transfer reform
It should be far easier for small businesses to determine whether their international money transfer service offers a good deal, COSBOA says, after the ACCC found SMEs could lose hundreds of dollars each time they use costly providers.
Neural Notes: ACCC probes LLM market, Meta’s new Llama, and KFC’s drive-through experiment
In this edition: Australia's competition watchdog reveals a new focus on large langage models (LLMs); Meta touts its "most capable" models yet; and KFC causes a clucking flurry at the drive-through.
CrowdStrike and Microsoft outage sparks scam warnings from ACCC and the government
The ACCC's National Anti-Scam Centre has warned small businesses of scams in the wake of the global CrowdStrike and Microsoft outage.
Oodie maker pays more than $100,000 in fines over fire warning failure on kids beach towels
Wearable blanket brand Oodie has paid more than $100,000 in penalties over the alleged failure to include the proper fire warnings on kids beach products.
COSBOA gains power to fast-track SME complaints to ACCC in new system
Australia's competition watchdog will fast-track major complaints from small businesses, after industry lobby COSBOA was inducted into its all-new warning system.
Digital ID laws finally pass Australian parliament
Digital ID laws have finally passed Australian parliament, coinciding with $288.1 million in financial commitment in the budget this week.
As hacks and scams hit small businesses, ASBFEO calls for new digital media dispute service
Small businesses locked in dispute with social media giants deserve further support, the SME ombudsman says, calling for a new arbitration service capable of taking the fight to powerful digital platforms.
Not so Glad news: Bag maker in hot water over recycled ocean plastic claims
The consumer watchdog is taking the parent company behind Glad to the Federal Court over alleged misleading claims its products were made from recycled plastic taken from the ocean.
Explainer: What small businesses need to know about ACCC merger reforms
Businesses planning a merger will need to seek Australian Competition and Consumer Commission approval under a new mandatory scheme.
Australia’s regulatory super-squad says it wants to be friend, not foe, to SMEs
It felt like something out of a superhero movie, but Australia’s top tax and corporate regulators didn’t meet on Thursday to challenge a global villain or alien threat.
SMEs invited to have their say on the ACCC’s new VIP competition complaint system
Three business and consumer representative groups will have access to Australia's new and turbo-charged competition complaints system, according to a Treasury draft outlining the long-awaited scheme.
ACCC launches inquiry into AI’s role in search service competition
The ACCC is investigating internet search services, with a particular focus on the burgeoning influence of generative AI.
