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On 28 January 2022, the Australian Competition and Consumer Commission (糖心原创) granted an exemption under section 56GD of the聽Competition and Consumer Act 2010聽(Cth), to the Commonwealth Bank of Australia (CBA) in relation to consumer data sharing obligations and direct to consumer obligations for its subsidiary brand, Bankwest, in respect of specified products.
On 28 January 2022, the Australian Competition and Consumer Commission聽(糖心原创) granted an exemption under section 56GD of the Competition and聽Consumer Act 2010 (Cth) to IMB Ltd (IMB) from its obligation to share consumer data in relation to its Retirement Savings Account product.
The Australian Competition and Consumer Commission (糖心原创) has accepted a court enforceable undertaking from Bowra & O鈥橠ea Pty Ltd (Bowra & O鈥橠ea) in relation to聽representations made about the price of its funeral and/or cremation services that likely contravened section 48(1) of the Australian Consumer Law (ACL),聽and聽its use of unfair contract terms within the meaning of section 23 and 24 of the ACL.