The competition regulator the ACCC will continue to closely monitor domestic airfares on services between metropolitan cities following Rex’s withdrawal from this market.
Australia’s east coast gas market is forecast to have a surplus of between 69 and 110 petajoules in 2025 if Queensland’s LNG producers export all of their uncontracted gas, the ACCC’s latest gas inquiry report shows.
Median effective electricity prices for residential customers across all regions grew by 14 per cent between September 2022 and September 2023, according to the latest electricity report from the competition regulator.
Broadband speed performance in the peak-demand period of 7-11pm (busy hours) has improved significantly for users of NBN ‘Home Ultrafast’ 1000 Mbps services, following the removal of capacity-based charging under NBN Co’s new wholesale pricing structure, according to the competition regulator, the ACCC.
The competition watchdog the ACCC has released its final report outlining the findings of an inquiry into whether nine wholesale telecommunications services should continue to be regulated.
The competition watchdog, the ACCC, does not object to Australia Post’s proposed price increase for its reserved ordinary letter service.
Smaller broadband providers, Aussie Broadband, Vocus and Superloop, gained over 62,000 NBN wholesale services in the December 2023 quarter as the total number of residential broadband services on the NBN remained steady, according to the competition watchdog the ACCC’s latest market indicators report.
Australians on broadband plans provided by non-NBN fixed-line networks should benefit from more stable pricing and greater competition between retailers, following the decision by the competition watchdog, the ACCC, to make a final wholesale access determination for the declared superfast broadband access service (SBAS).
The operators of the National Broadband Network NBN Co said today their wholesale prices have resisted inflation and have not increased in real terms over the last ten years, “despite the fact that most of the company’s input costs have been subject to inflation”.
The Australian Competition and Consumer Commission (ACCC) has accepted NBN Co’s latest proposed variation to its Special Access Undertaking (SAU), which includes measures designed to protect consumers from sharp price rises, reduce barriers to entry for new retailers and create incentives to fix systemic issues that drive poor NBN consumer experience.
National Broadband Network operator NBN Co has withdrawn its proposed November 2022 variation to its Special Access Undertaking (SAU) and simultaneously submitted a revised variation proposal to the ACCC.
The competition watchdog, the ACCC, is set to begin enforcing the new gas market code from mid-September following completion of the current two-month transition period which commenced on 11 July.
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