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ARTICLE · 29 APRIL 2024

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April 2024 ESG Policy Update—Australia

K&L Gates
K&L Gates
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The Australian Competition and Consumer Commission (ACCC) has announced its enforcement and compliance priorities for 2024-2025 (2024-5 Priorities).

AustraliaCorporate/Commercial Law
Clive Cachia
Clive Cachia
Lisa Lautier
Lisa Lautier
Adam Levine
Adam Levine
Michael Hain
Michael Hain
Jim Bulling
Jim Bulling
Nathan Bodlovich
Nathan Bodlovich

AUSTRALIAN UPDATE

Australian Competition and Consumer Commission Enforcement Priorities for 2024-2025

The Australian Competition and Consumer Commission (ACCC) has announced its enforcement and compliance priorities for 2024-2025 (2024-5 Priorities). The three key themes are sustainability, cost of living pressures and the digital economy. Many of its key priority areas from last year remain.

The 2024-5 Priorities include:

  • Concerns relating to environmental claims and sustainability (i.e., issues related to greenwashing);
  • Competition, consumer, fair trading and pricing concerns in the supermarket sector, with a focus on food and groceries;
  • Promoting competition in essential services with a focus on telecommunications, electricity, gas and financial services;

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