Saturday, 25 November 2017 Sydney
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Invest In Australia Blog::

  • Camp Australia, Junior Adventures Group withdraw merger application

    Camp Australia Pty Ltd (Camp Australia) and Junior Adventures Group (JAG) have withdrawn their request for merger clearance by the ACCC.

    The ACCC commenced an informal merger review on 1 June 2017. Following extensive feedback from interested parties, including schools and parents, the ACCC expressed concerns with the proposed acquisition in a Statement of Issues published on 10 August 2017.

    “The ACCC had expressed concerns that the loss of competition between Camp Australia and JAG could result in higher prices for parents and lower quality care for students in some states,” ACCC Chairman Rod Sims said.

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  • Second Commissioner’s statement: Performance of ATO IT systems

    I would like to reassure the community about the performance of the ATO’s IT systems this tax time and comment on a degradation of our services experienced earlier this week.

    Performance for Tax Time 2017 has already exceeded expectations with more than:

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  • Driving for Jobs Pilot to help young Tasmanians find work

    The Hodgman Liberal Government’s number one priority is jobs and we know the lack of a drivers licence is a significant barrier towards young people gaining employment.

    That’s why the 2017/18 Budget included funding for our ‘Driving for Jobs’ pilot, which takes an innovative new approach to driver training to give young people the necessary skills needed to pass their driving test and maximise their chances of getting a good job.

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  • $150,000 FUNDING BOOST FOR SHEEPCONNECT SA

    Primary Industries and Regions SA will commit $150,000 to expand Australian Wool Innovation’s (AWI) successful sheep extension program SheepConnect SA.

    SheepConnect SA began in 2009 and is the AWI’s lead extension project in SA, and one of the six extension networks across Australia set up to deliver the latest industry information and skill development for wool and sheep producers.

    The funding boost will help expand the SheepConnect SA program to better cover the State’s important pastoral wool growing region across the SA Arid Lands, SA Murray Darling Basin and the Northern & Yorke and Eyre Peninsulas.

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  • Action plan to help Indigenous Australians with consumer issues

    Consumer issues including scams, unscrupulous door- to-door sellers, and discrimination in the housing market headline some of the key priority areas in the National Indigenous Consumer Strategy (NICS) Action Plan 2017–2019.

    NICS members are the ACCC, ASIC, state consumer affairs agencies and the Indigenous Consumer Action Network (ICAN). We work together to ensure that issues affecting Indigenous Australians are given a priority within each of our agencies and organisations.

    Consumer Affairs Australia New Zealand (CAANZ) recently endorsed the three-year NICS Action Plan, which includes priority areas such as:

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  • Full Federal Court dismisses ACCC’s appeal in Australian Egg Corporation case

    The Full Federal Court has dismissed the ACCC’s appeal in its matter against the Australian Egg Corporation Limited (AECL), Farm Pride Foods Ltd (Farm Pride) and Ironside Management Services Pty Ltd (trading as Twelve Oaks Poultry) (Twelve Oaks Poultry) and two executives, Mr James Kellaway and Mr Jeffrey Ironside. 

    The ACCC had alleged that at an ‘Egg Oversupply Crisis Meeting’, held by AECL and attended by egg producers, the AECL and the other respondents had attempted to induce egg producers to enter into a cartel arrangement to reduce the supply of eggs, in response to a perceived oversupply of eggs.

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  • Interim gas report finds substantial shortfall for east coast likely in 2018

    The Australia Government has released the ACCC’s first interim report into the supply of, and demand for, wholesale gas in Australia.

    The ACCC Gas Inquiry 2017-20 Interim Report focusses on likely supply and demand conditions for 2018. Estimates of gas supply have been compared to estimates of demand in the east coast gas market for 2018, based on estimates of exports obtained from the liquefied natural gas (LNG) producers and the Australian Energy Market Operator’s (AEMO) projections of domestic demand.

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  • ACCC appeals LG decision

    The ACCC has lodged a Notice of Appeal from the Federal Court’s decision on 1 September 2017 dismissing the ACCC’s proceedings against LG Electronics Australia Pty Ltd (LG).

    The ACCC had alleged that LG made false or misleading representations to certain consumers about their right to a repair, replacement or refund in relation to faulty LG televisions.

    The Court dismissed the ACCC’s allegations, finding that LG was under no obligation to inform these consumers of the existence of the Australian Consumer Law remedies available to them because the enquiry made by consumers related only to the manufacturer’s warranty.

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  • ACCC appeals LG decision

    The ACCC has lodged a Notice of Appeal from the Federal Court’s decision on 1 September 2017 dismissing the ACCC’s proceedings against LG Electronics Australia Pty Ltd (LG).

    The ACCC had alleged that LG made false or misleading representations to certain consumers about their right to a repair, replacement or refund in relation to faulty LG televisions.

    The Court dismissed the ACCC’s allegations, finding that LG was under no obligation to inform these consumers of the existence of the Australian Consumer Law remedies available to them because the enquiry made by consumers related only to the manufacturer’s warranty.

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  • Melbourne hospitals to host world-first cyber trial

    Melbourne’s hospitals will soon have cutting-edge cyber-security devices installed to protect medical equipment from being hijacked in a world-first global trial.

    The State Government of Victoria will fund a pilot with hospitals in Melbourne’s west to trial 400 Cyber-Nexus anti-hacking devices developed by Israeli firm Bio-Nexus.

    The devices provide a double-layered security protection for medical equipment including heart rate monitors and intravenous pumps to prevent compromise by hackers.

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