Competition watchdog to call for power of mandatory disclosure in investigations

ACCC chief Gina Cass-Gottlieb wants legislaltion changed to enable it to force businesses to give up data without the need for government backing

• Get our morning and afternoon news emails, free app or daily news podcast

Parents will receive 12% superannuation – or about $106 a week – on their publicly funded paid parental leave from July 2025, under a major initiative to be announced by the Albanese government.

The ACCC can now launch its own investigations, such as a probe into exorbitant foreign exchange transfer fees. However, the agency only has compulsory information collection powers if specifically directed by the government such as for its current probe into supermarket behaviour.