The Australian Competition and Consumer Commission’s chief executive Gina Cass-Gottlieb said manufacturers may not see the discounts for many weeks.
Jim Chalmers says regulations aren’t working and tougher measures may be needed to tackle soaring power prices.
The ACCC will examine whether social media behemoth Meta is throttling a potential competitor by aping TikTok’s signature features on Instagram.
The Australian regulator is closely watching a European test case between Apple and Tinder’s parent company over in-app purchases that attract a 30 per cent charge.
The energy market operator sees positive signs for the electricity grid after it dodged rolling blackouts across the east coast last week.
Big businesses are warning a clean energy plan where states decide the fate of fossil fuels in their jurisdictions will hit industry with added costs and rules.