AGP Executive Report
Last update: 5 hours agoACCC vs Amazon: The ACCC has taken Amazon AU to the Federal Court over Prime subscription terms it says may breach Australian consumer law, putting pressure on how retailers structure “subscription” offers. Consumer law enforcement: In a separate consumer-rights signal, the ACCC also fined Lactalis in Australia over “misleading” fresh milk labelling, after products labelled as fresh were found to contain substantial reconstituted ingredients. Payments & transparency: Barclays, HSBC, Lloyds and NatWest are among the first banks to adopt Swift’s new framework aimed at making international consumer transfers faster, clearer on fees/exchange rates, and easier to track. Food prices watch: The FAO’s Food Price Index edged down in June, with cereals falling 3.5% month-on-month, easing some pressure on grocery baskets. New product in supermarkets: Tahini Neri launched a Labneh dip range (including Original, Red Capsicum and Onion & Chive) into Coles nationwide. Data security for businesses: SK tes rolled out secure on-site shredding in Australia, offering mobile destruction and certification for HDDs/SSDs and other data media. Health tech scrutiny: Australia’s health department is raising concerns about AI “scribes” used by doctors, citing limited oversight and potential Medicare cost impacts.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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