Anthony Albanese says ‘dodgy’ trading practices, ‘hidden fees and traps are putting even more pressure on the cost of living’ and need to be stopped
Anthony Albanese in Queensland on Tuesday. The PM says the government will legislate ‘specific prohibitions of a range of dodgy practices’.Anthony Albanese in Queensland on Tuesday. The PM says the government will legislate ‘specific prohibitions of a range of dodgy practices’.
The treasury department will consult on the design of that scheme, but Chalmers’ office said areas to be addressed include “subscription traps” which make it difficult to cancel a subscription, “drip pricing” where extra fees are gradually added along each stage of a purchase such as for concert tickets, or websites requiring customers to set up accounts which are unnecessary for the purchase they want to make.
But Wednesday’s announcement said the government would look to address dynamic pricing as part of its crackdown on pricing issues. ““These practices can distort purchasing decisions, or result in additional costs, putting more pressure on the cost of living.”
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