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Competition

This Month

Suncorp CEO Steve Johnston needs to get the ANZ deal over the line.

Queensland wants its voice heard in battle over ANZ-Suncorp deal

The Queensland government wants the public benefits it secured from the ANZ/Suncorp deal put front and centre as the Australian Competition Tribunal reviews the deal.

  • James Thomson
Sundar Pichai is the CEO of Google’s parent company, Alphabet.

Emails show Google boss knew Apple deal was bad ‘Optics’ years ago

Google’s Sundar Pichai raised concerns years before he became CEO that the deal with Apple to be its only default search option, looked bad from a competition perspective.

  • Leah Nylen
Qantas CEO Vanessa Hudson and chairman Richard Goyder were grilled at the inquiry by Nationals senator Bridget McKenzie.

Qantas must grow out of crony capitalism

The Senate inquiry’s report calls for a more competitive aviation sector and a stronger, more resilient national carrier we can all be proud of once again.

  • Bridget McKenzie
CBA is unlikely to cede market share for another month, which is likely to trigger the next phase in the mortgage wars.

CBA home lending slide flags new mortgage war

The loan book at the country’s largest bank has shrunk for two consecutive months for the first time in 20 years. Analysts say it will respond with lower prices.

  • James Eyers
Microsoft CEO Satya Nadella (left) as he departed from court after giving his testimony against Google.

Microsoft boss says Google default makes search choice ‘bogus’

Satya Nadella said Google’s power in online search was so dominant because of contracts that make the tech giant the default search engine on mobile devices.

  • David McCabe and Cecilia Kang
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September

Melbourne’s EastLink toll road.

ACCC’s EastLink decision could crimp Transurban toll road growth

The company’s incoming chief executive faces a more difficult task expanding the tollroad group after the competition regulator blocked its plans in Melbourne,

  • Updated
  • Jenny Wiggins
Bank profits are under the microscope in NZ ahead of next month’s election.

Banks hit back at NZ regulator’s ‘simplistic’ profit analysis

The NZCC published submissions from ASB, ANZ, BNZ and Westpac after the regulator labelled their profits as “persistently high” ahead of New Zealand election.

  • James Eyers
Qantas claims allowing more Qatar Airways flights would “distort” the local market.

Give foreign airlines unlimited flights to cut fares, government told

Foreign airlines like Qatar Airways should be given unlimited access to Australian airports in a major overhaul that would lead to lower prices and more flights, the Productivity Commission says.

  • Michael Read
Australians pay high prices for beer due to high brewing margins and tax.

‘Ridiculously profitable’: Why Aussie beer is so expensive

The brewers of VB, Carlton Draught, XXXX and Tooheys are earning extraordinary profit margins, drawing the attention of a competition inquiry.

  • John Kehoe
ACCC chair Gina Cass-Gottlieb.

ACCC’s Cass-Gottlieb puts powerful companies on notice

Six months after calling for merger laws to be widened to include entrenching market power, Gina Cass-Gottlieb has put a big stake in the ground.

  • Anthony Macdonald
Geoff Culbert, the Sydney Airport chief executive, at the Senate hearing on Tuesday.

Airlines wasting half their capacity: Sydney Airport boss

Sydney Airport has accused airlines operating out of the United Arab Emirates of wasting almost half of the capacity they have been awarded – some 84 flights every week.

  • Ronald Mizen and Ayesha de Kretser
The government rejected Qatar Airways’ bid to bring more flights to Australia.

Qatar Airways to appear before Senate aviation inquiry: sources

Labor has accused Qatar Airways of dodging questions by failing to appear before a Senate inquiry on Tuesday, but sources say a representative will appear next week.

  • Ronald Mizen and Ayesha de Kretser
Qatar CEO Akbar Al Baker.

Qatar Airways ‘surprised’ by Labor decision to block extra flights

Akbar Al Baker labelled the decision to block the Gulf State carrier’s request for more flights into Australia “unfair”.

  • Ayesha de Kretser and Ronald Mizen
Transport Minister Catherine King says the decision on Qatar Airways was made by her, and no one else.

Minister claims public interest immunity on Qatar documents

Transport Minister Catherine King is going on annual leave for two weeks during the school holiday period, as a Senate inquiry into her department gathers steam.

  • Ayesha de Kretser
A study in Switzerland has tried to estimate what value Google users put on news content.

Google ‘pays $15.6b a year’ to maintain search dominance

US prosecutors are seeking to prove Google rigged the market in its favour by locking in its search engine as the default choice in places and devices.

  • Paul Wiseman and Michael Liedtke
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Prime Minister Anthony Albanese with then-Qantas chief Alan Joyce.

One airline gets 80pc of travel spend for MPs, judges, public servants

Qantas received the vast bulk of the revenue for flights taken by federal politicians and their office staff, compared to about 10 per cent for Virgin.

  • John Kehoe
Transport Minister Catherine King watching Prime Minister Anthony Albanese in Question Time on Monday.

Albanese dodges on Qatar, defends Qantas stance

Anthony Albanese has sidestepped questions about whether he or his office provided advice to the transport minister to block Qatar Airways’ bid for additional flights into Australia.

  • Ronald Mizen
Defence Minister and Acting Prime Minister Richard Marles.

Qatar not the ‘best option’ to maximise access to Australia: Marles

The reason adds to a growing list of Labor justifications for blocking the Middle Eastern rival to Qantas from additional routes.

  • Ronald Mizen
Labor frontbencher Bill Shorten.

Joyce’s $24m golden handshake ‘over the top’: Shorten

Mr Shorten’s comments came as shareholder groups ramped up questions about how to “clawback” some of My Joyce’s pay, which will also be looked at by a Senate inquiry.

  • Ronald Mizen
The aviation green paper won’t put any air between the government and Qantas.

Labor’s Utopia moment on Qantas isn’t fooling anyone

The aviation green paper isn’t the circuit breaker the Albanese government needs on the national carrier. It simply kicks the reform can down the road again. 

  • James Thomson