Mar 17, 2018 Last Updated 11:02 AM, Mar 14, 2018

New Entry From the Editor :

Australian junior Raiden Resources strikes momentous deal with Rio Tinto

Australian junior Raiden Resou…

AusBN - Raiden Resources (ASX:RDN) will enter a joint venture with Rio Tint...

Turnbull confirms Australia’s exemption from US steel and aluminium tariffs

Turnbull confirms Australia’s …

AusBN - Prime Minister Malcolm Turnbull has confirmed that Australia will b...

AGL signs contract with Finnish technology group for 211MW Adelaide power plant

AGL signs contract with Finnis…

AusBN - AGL Energy and Finnish technology group Wärtsilä have sig...

Coles Express to end petrol price sharing

petrolAusBN – Retailer Coles Express has announced that it is terminating its subscription to a petrol price sharing information service that is claimed to reduce competition.

According to the Australia Competition and Consumer Commission (ACCC), the service offered by Informed Sources allows retailers to tell each other their petrol prices, and potentially increase them without risk of being undercut.

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Jetstar and Virgin misled customers

Virgin Australia HQ 1bAusBN – Airlines Jetstar and Virgin have been found guilty of deceiving customers over the price of booking airfares over the internet.

The Australian Competition and Consumer Commission (ACCC) took the airlines to court last year for “drip pricing” – where the true cost of an airfare is only revealed at the last stage of booking.

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