Search: ACCC
RBA Glossary definition for ACCC
ACCC – Australian Competition and Consumer Commission. A Commonwealth statutory authority responsible for ensuring compliance with the Competition and Consumer Act 2010 (formerly the Trade Practices Act 1974) and the provisions of the Conduct Code. The Commission's consumer protection work complements that of State and Territory consumer affairs agencies.
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Competition and Efficiency
24 Mar 2003
PSB Annual Report
– 2002
On the basis of data provided by participants, however, the Reserve Bank/ACCC study of debit and credit card schemes, released in October 2000, concluded that there was no convincing case ... Banks, building societies and credit unions have recently
https://www.rba.gov.au/publications/annual-reports/psb/2002/competition.html
Engagement with Industry
11 Sep 2008
PSB Annual Report
– 2008
In addition, the Bank also liaised closely with Treasury, the Australian Securities and Investments Commission (ASIC) and the Australian Competition and Consumer Commission (ACCC) on a number of issues.
https://www.rba.gov.au/publications/annual-reports/psb/2008/engage-industry.html
The Board's First Year
1 Oct 1999
PSB Annual Report
– 1999
The ACCC was concerned that inter-change fees could unreasonably restrict access to ATM and EFTPOS networks. ... APCA has subsequently advised the ACCC that it does not have the capacity to undertake self-regulation of interchange arrangements;.
https://www.rba.gov.au/publications/annual-reports/psb/1999/first-year.html
Competition and Efficiency
11 Nov 2004
PSB Annual Report
– 2004
The ACCC initially proposed to deny the application due to concerns about access arrangements. ... These actions satisfied the ACCC that access reform would occur in the short to medium term.
https://www.rba.gov.au/publications/annual-reports/psb/2004/competition.html
The Role of the Board
1 Oct 2000
PSB Annual Report
– 2000
Consumer Commission (ACCC) under the. ... The first is the study of interchange fees and conditions of entry in debit and credit card schemes, which has been undertaken jointly with the ACCC.
https://www.rba.gov.au/publications/annual-reports/psb/2000/role-board.html
Competition and Efficiency
1 Oct 2000
PSB Annual Report
– 2000
study of interchange fees and conditions of entry in debit and credit card schemes, undertaken jointly with the ACCC. ... The ACCC made similar observations in its recent determination on APCA's rules for the Consumer Electronic Clearing System.
https://www.rba.gov.au/publications/annual-reports/psb/2000/competition.html
Introduction
20 Sep 2005
PSB Annual Report
– 2005
In particular, in early 2003 a group of banks and other financial institutions took a proposal to the Australian Competition and Consumer Commission (ACCC) to set these fees to zero. ... The proposal was authorised by the ACCC in December 2003, but the
https://www.rba.gov.au/publications/annual-reports/psb/2005/introduction.html
Surveillance of the Financial System
30 Jun 1998
RBA Annual Report
– 1998
If the Australian Competition and Consumer Commission (ACCC) authorises these arrangements as being, on balance, in the public interest, then they can continue. ... When it does so, the payment system and its participants would not be subject in that
https://www.rba.gov.au/publications/annual-reports/rba/1998/surveillance.html
The RBA in the Community
24 Aug 2001
RBA Annual Report
– 2001
At the latter, the RBA officials gave a briefing on the RBA/ACCC's report on Debit and Credit Card Schemes in Australia: A Study of Interchange Fees and Access.
https://www.rba.gov.au/publications/annual-reports/rba/2001/rba-community.html
Payments System Regulation and Policy Issues
28 Sep 2022
PSB Annual Report
– September 2022
The Bank has provided assistance to the ACCC as part of this investigation. ... A working group consisting of representatives from the CFR agencies, ACCC, AUSTRAC and the Department of Home Affairs has been examining the issue.
https://www.rba.gov.au/publications/annual-reports/psb/2022/payments-system-regulation-and-policy-issues.html