Tag: consumer protection book
-
Coles Faces Regulatory Challenges Amid Sales Recovery and Digital Investments
Coles’ share price has experienced a significant decline in recent months, dropping over 8% from its peak in September. This downward trend can be attributed to regulatory challenges faced by the supermarket chain, particularly concerning allegations of misleading consumers with fake discounts. The Australian Competition and Consumer Commission (ACCC) took legal action against Coles and…
-
New Regulations Transform Buy Now Pay Later Services in Australia
Buy Now Pay Later services in Australia are set to undergo significant changes starting June 10, impacting millions of Australians who utilize services like Afterpay, Zip, and Humm. These changes come as part of tighter regulations aimed at ensuring consumer protection and preventing harmful credit practices. The new legislation, introduced by the Albanese government in…