SFO confirms receipt of political donations referral
The Serious Fraud Office has received a referral from the
Police about a complaint they received in October last year
in relation to the disclosure of political donations under
the Electoral Act.
The SFO does not disclose the detail of
ongoing investigations to protect the integrity of the
investigation and those involved. The SFO has no further
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Commerce Commission: Retail Fuel "Not As Competitive As It Could Be"
The Commission has outlined some options it considers could improve competition. There are two broad sets of options it thinks may have the potential to help create a competitive wholesale market. These are:
• Greater contractual freedom to make it easier for resellers to switch between suppliers; and
• Enabling wider participation in the majors’ joint infrastructure, notably the shared terminals and supporting logistics involved in their borrow-and-loan system.
Further options, including improving the transparency of premium petrol prices, are discussed in the draft report. More>>