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Australia: Federal budget adds new burdens to ACCC

 |  May 13, 2014

The Australian Competition and Consumer Commission is reportedly set to take on new burdens as a federal budget has either consolidated or eliminated 70 federal regulators.

The plans will come into full effect by July of next year, a move that includes the elimination of the Private Health Insurance Administration Council but the preservation of its private health insurance price monitoring functions, reports say.

Those private health operations will be consolidated into the ACCC.

No further changes will be made for the competition watchdog, however.

Full content: The Sydney Morning Herald

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