17/10/2024

Millions of Australian households and businesses are adopting consumer energy resources (CER) such as solar panels and batteries. The energy landscape in Australia is rapidly evolving, driven by technological advancements, market changes, and the transition to a cleaner energy system. Smart meters play a crucial role in this transition by enabling real-time access to energy usage data, which can help consumers optimise their energy use and reduce costs. However, the AEMC's Review of the regulatory framework for metering services found that access to real-time data is limited, and changes to the regulatory framework may be necessary to ensure all consumers can benefit. Following the Review, Energy Consumers Australia (ECA) submitted a rule change request to improve access to real-time data. This consultation paper seeks stakeholder feedback on the barriers to…

The Albanese Government is introducing significant reforms to ban unfair trading practices under the Australian Consumer Law. These reforms aim to protect Australian consumers and small businesses from deceptive and manipulative practices that increase the cost of living. Expansion of Australian Consumer Law to cover unfair trading practices has been under consideration for many years. The intended outcome would be that a wider range of conduct would be prohibited - conduct that adversely affects consumers. Executive summary: The Albanese Government has announced a series of reforms aimed at banning unfair trading practices under the Australian Consumer Law. These reforms target practices such as subscription traps, hidden fees, deceptive online tactics, and dynamic pricing, all of which contribute to the rising cost of living. The Government has also released a consultation paper…

Day: 17 October 2024

Australian Energy Market Commission Consultation Paper on real time access to data

Government Announces Ban Unfair Trading Practices to Protect Consumers