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ARTICLE · 15 SEPTEMBER 2012

D&O: What do fridges, bakeries and cemeteries have in common?

The recent cases highlighted in the media show that the ACCC is active in asking businesses to justify price increases.

AustraliaEnvironment
Katherine Czoch
Katherine Czoch
Ben Allen (Formerly With Norton Rose Fulbright Australia)
Ben Allen (Formerly With Norton Rose Fulbright Australia)
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Introduction

This is an edited version of an article that appeared in the July 2012 edition of The Public Sector Informant liftout in the Canberra Times.

Since the introduction of the carbon price on 1 July 2012, the ACCC has been actively monitoring the way in which businesses attribute price increases to the effects of the carbon price. Similarly, customers and contracting parties have also been paying close attention and asking tough questions about any price rises that they are being asked to meet.

Businesses attempting to justify any significant price increase due to the carbon price will need to be particularly careful how they do so. For those affected by downstream carbon price increases (especially in the context of supply arrangements), knowing your rights and the role of the ACCC will be critical to ensuring that the effect of the carbon price is not overstated.

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