Assessing the consumer protection regulators

The Consumer Action Law Centre has published a report, Regulator Watch: The Enforcement Performance of Australia’s Consumer Protection Regulators.

The Report uses enforcement activity as a measure of the effectiveness of a regulator.

The Report compares whether, and if so, how much, enforcement work is being done by Australia’s two national (the ACCC and ASIC) and eight State and Territory consumer protection regulators.

It concludes that more enforcement activity and better reporting of such activity is needed to better protect consumers.

 

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