Saffin reminds business that false and misleading claims concerning 'carbon tax' price rises carry a penalty

NSW North Coast Federal Labor Member for Page, Janelle Saffin, on the subject of a potential for price gouging under the guise of impacts of the carbon price mechanism projected to come into effect in 2013:

The Gillard Government will provide new funding for the Australian Competition and Consumer Commission (ACCC) to crack down on any business that seeks to gouge its customers by making misleading claims about the impact of putting a price on carbon pollution.
Page MP Janelle Saffin said the ACCC will use its powers under the newly introduced Australian Consumer Law to investigate and prosecute any such business with the power to impose penalties of up to $1.1 million.
Ms Saffin said the Government will direct the ACCC to give the highest priority to:
• Investigating and taking action against any business that makes false or misleading representations about the impact of the carbon price on the price they charge consumers;
• Educating businesses on their obligation to accurately explain the reasons for any price rises that do occur for reasons unrelated to the introduction of a carbon price;
• Raising awareness amongst consumers by informing them that businesses are prohibited from making false statements about the impact of putting a price on pollution.
“The Government will give ACCC new funding of $12.8 million over 4 years to carry out this role.
“I’ve always been someone that stands up for fairness and making sure we don’t get ripped off, so it’s great the ACCC will be able to crack down on unfair price gouging” Ms Saffin said.
By providing new financial resources for the ACCC, the Government will ensure that businesses cannot take advantage of their customers with false and misleading claims about carbon pricing......[Media Release 13 July 2011]

Photograph found at ABC News online