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ARTICLE · 20 MARCH 2023

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Comply or face enforcement – ACCC announces 2023-24 priorities

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Businesses should become familiar with these 2023-24 ACCC compliance and enforcement priorities.

AustraliaAntitrust/Competition Law
Joanne Jary
Joanne Jary
Kayla Plunkett
Kayla Plunkett
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The Australian Competition and Consumer Commission (ACCC) has reinforced its focus on cost of living pressures, the price of essential services, the integrity of environmental and sustainability claims and anti-competitive conduct in its 2023-24 Compliance and Enforcement Policy and Priorities.

Outlining the regulator's agenda for the coming financial year, ACCC Chair Gina Cass-Gottlieb also highlighted scam detection and disruption, unfair contract terms in consumer and small business contracts and competition and pricing issues in gas markets as new priorities, necessitated by the current cost of living impacts on Australia's economy.

Therefore, businesses should review and refresh themselves on the types of conduct and the industries which the ACCC will concentrate their resources on for the 2023-24 financial year.

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This publication does not deal with every important topic or change in law and is not intended to be relied upon as a substitute for legal or other advice that may be relevant to the reader's specific circumstances. If you have found this publication of interest and would like to know more or wish to obtain legal advice relevant to your circumstances please contact one of the named individuals listed.

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