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This Month

Former Domain CEO Jason Pellegrino is a frontrunner to be Domain’s new CEO if a sale to CoStar goes ahead.

CoStar sizes up Jason Pellegrino for return as Domain chief executive

The American property giant acquiring the Nine-controlled property platform told investors it would consider re-hiring the company’s former managing director.

May

“Cbus Property are interested in selling apartments, and they would not care who we hire as subcontractors,” Scott Hutchinson said.

Disgraced CFMEU boss’ boast is ‘complete rubbish’: Hutchinson

Scott Hutchinson says any suggestion Cbus or its property business would pressure his company over contracts is “complete rubbish”.

Victorian barley grower Andrew Weidemann says the ACCC has pinpointed the serious issues facing farmers who would have diminishing choices if the Elders buyout of Delta Ag went through.

Elders will need to sell stores to secure $475m Delta Ag buyout

The competition regulator has concerns about a tie-up of the No.2 and No.3 players in farm supplies, saying farmers could face higher prices and less choice.

Sydney houses

ACCC probing REA Group over price gouging concerns

After the AFR put questions to the News Corp-controlled real estate listings giant, the company told the market the ACCC had demanded information about its pricing.

Meat prices are set to rise over the next six months. Agribusiness group Elders reported a strong turnaround in cattle and sheep prices in the six months ended March 31, and expects them to stay strong.

Meat prices to rise as drought-hit farmers struggle to meet demand

Elders reports a rebound in profit for the first half on strong cattle and sheep prices, but it falls short of market expectations, sending its shares lower.

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Woolworths and Coles face multiple class actions over alleged misleading discount pricing practices.

ACCC, supermarkets clash over product checks in fake discount case

The competition regulator wants 12 grocery items to be reviewed – down from more than 200. Coles and Woolworths want six different items to be considered.

Federal Court Chief Justice Debra Mortimer said better-resourced parties were unfairly disadvantaged as court cases dragged on.

Federal Court chief justice flags overhaul to speed up justice

Debra Mortimer has conceded that it takes too long for complicated disputes to be resolved and floated changes so wealthier parties are not unfairly advantaged.

IAG CEO Nick Hawkins and RACQ CEO David Carter announcing the deal in November.

IAG gets regulator tick to buy automobile club insurer in Queensland

The ACCC said Suncorp, Allianz, QBE, Youi, Auto & General and Hollard would compete with IAG after it buys RACQ.

3 surprising facts about the public service pay gap

These unexpected data points reveal some expansive cultural differences between public and private employers.

The Australian Competition and Consumer Commission’s Kate Reader said job sharing a senior role, leading the agency’s digital platforms branch, enabled her to build her executive career while juggling family responsibilities.

The truth about flexible work and the gender pay gap

Far more women in the public sector work full time – and earn more – because flexible conditions allow them to work and manage caring responsibilities.

Qantas has the edge on Virgin in lucrative business travel market.

Buoyant business travel pushes Qantas over resurgent Virgin

Market share data, published by the competition regulator, means Virgin’s run as the country’s most popular domestic airline has ended.

IAG looks to have done two smart deals in the space of six months.

How $2.3b worth of deals could entrench another Australian duopoly

IAG’s alliances with the Royal Automobile Clubs of Queensland and Western Australia are clearly clever plays. But could they also attract the ACCC’s ire?

IAG is battling two lawsuits now in a dispute over pricing models and discounts.

Insurance Australia Group goes west with $1.35b RAC buy

IAG will add The Royal Automobile Club of Western Australia to its brand portfolio after striking a similar deal in Queensland six months ago. 

Andrew Weidemann on his farm at Rupanyup near Horsham in Victoria.

Farmers fear Coles, Woolworths-style duopoly in Elders’ $475m buyout

Small groups are readying to buy stores if the ACCC orders divestments in a ruling due May 29 on a merger between the No.2 and No.3 companies in rural supplies.

ACCC commissioner Liza Carver.

Law firms raid ACCC for staff as merger reforms near

ACCC commissioner Liza Carver is among lawyers recently hired from the regulator by top-tier law firms expecting a spike in demand for advice on merger reform laws.

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April

Coles said total supermarkets price inflation was broadly stable at 1.5 per cent in the March quarter.

Coles sees healthy sales growth as shoppers flock to home brands

Supermarket giant maintains its advantage over rival Woolworths, with group sales up 3.4 per cent in the third quarter to $10.4 billion.

Cyclone Ita radar.

Will insurance premiums ever get cheaper?

The country’s big insurers have found themselves in a political storm as the cost of policies balloons $30 billion over a decade. But are those hikes unfair?

March

Supermarkets are bracing themselves for the ACCC pricing inquiry to land.

Woolworths slashes prices to close gap on Aldi

The under fire supermarkets are looking to show shoppers and politicians consumers are getting better deals at the checkout.

Coles and Woolworths cracking logos.

No joy for supermarkets in the election – but safeguards needed

There is a good case for both Labor and the Coalition’s proposals, but they should apply to all big businesses.

Anthony Albanese during a doorstop interview in Downer, ACT, yesterday.

‘Focus on real factors’: Coles hits back at ninth supermarket inquiry

The country’s second largest supermarket operator said politicians should focus on measures to bring down energy, fuel and labour costs to reduce the checkout prices.

Original URL: https://www.afr.com/topic/australian-competition-and-consumer-commission-jl6