Tag: 270

  • Australians to share in a $270,000 refund from Origin Energy | Origin to pay refunds over mislead…

    Australians to share in a $270,000 refund from Origin Energy | Origin to pay refunds over mislead…

    Explore the latest developments concerning Australians to share.

    Australians to share in a $270,000 refund from Origin Energy

    Thousands of Australians will share in a hefty payout after one of the country’s largest energy retailers was accused of misleading customers on the cost of its plans.

    Origin Energy will refund $270,000 spread across more than 4500 customers after the consumer watchdog analysed claims that the company may have misrepresented some of its pricing options.

    Origin will be forced to give refunds to more than 4500 customers. Chris Hopkins

    The Australian Competition and Consumer Commission’s (ACCC) began the investigation after a complaint from consumer advocacy group CHOICE.

    The group accused Origin of telling customers its “Ongoing Saver” plan was cheaper on a long-term basis than the “Basic” plan.

    Origin to pay refunds over misleading power plans

    Your digital subscription includes access to content from all our websites in your region.
    Access unlimited news content and The Canberra Times app. Premium subscribers also enjoy interactive puzzles and access to the digital version of our print edition – Today's Paper.

    Refunds have been promised to more than 4500 Origin Energy customers following a consumer watchdog probe into misleading power plans.

    The offer in question misleadingly implied ongoing savings despite some customers paying more than the basic plan, the Australian Competition and Consumer Commission alleges.

    Credits or refunds of roughly $60 will be available and the offending "Ongoing Saver" plan nixed.

    VEVOR Stand Airless Paint Sprayer, 650W High Efficiency Airless Sprayer, 3000PSI Electric Paint Sprayer Machine Extension Rod

    VEVOR Stand Airless Paint Sprayer, 650W High Efficiency Airless Sprayer, 3000PSI Electric Paint Sprayer Machine Extension Rod
    Limited time offer! »

    $60 refund for thousands of Australians

    Thousands of Australians will get a $60 refund from Origin Energy after the energy retailer overcharged 4500 customers.

    According to the ACCC, some households who signed up to Origin's "ongoing savers" residential electricity plan were charged more than those on the "basic" energy plan.

    This investigation began as part of the ACCC's response to Choice complaints that raised concerns about energy providers falsely representing value to consumers through confusing plan names.

    Commissioner Anna Brakey said Origin's ongoing savers plan didn't have the value the name suggested.

    "Energy plans are complex, and the mix of usage and supply charges makes it difficult for many consumers to assess potential savings," Ms Brakey said.

    For more detailed information, explore updates concerning Australians to share.

    For more news…

  • Dow closes 270 points higher, Nasdaq slips as investors rotate out of tech: Live updates | S&P 50…

    Dow closes 270 points higher, Nasdaq slips as investors rotate out of tech: Live updates | S&P 50…

    Explore the latest developments concerning Dow closes 270.

    Dow closes 270 points higher, Nasdaq slips as investors rotate out of tech: Live updates

    The Dow Jones Industrial Average rose on Thursday, while the Nasdaq Composite came under pressure as investors moved away from technology stocks.

    The 30-stock Dow climbed 270.03 points, or 0.55%, and ended at 49,266.11. The tech-heavy Nasdaq dropped 0.44% and settled at 23,480.02. The S&P 500 advanced 0.01% and closed at 6,921.46. Among the 11 S&P 500 sectors, information technology was the laggard, falling more than 1%.

    Artificial intelligence darling Nvidia was among the names investors exited, ending the day down more than 2%. Fellow AI play Oracle pulled back nearly 2%. Shares of iPhone maker Apple were also down, notching a seventh day of losses.

    While Rob Haworth, senior investment strategy director at U.S. Bank Asset Management, believes that tech and AI will remain an important theme for 2026, he thinks the trade's status as an upside driver will be dependent on whether use cases start to arise and in what sectors.

    1/10 Yard 3 Rows Crystal AB Rhinestone Cup Chain Gold Silver Base With Claw Dress Decoration Trim Applique Sew On Garment Bags

    1/10 Yard 3 Rows Crystal  AB Rhinestone Cup Chain Gold Silver Base With Claw Dress Decoration Trim Applique Sew On Garment Bags
    Click for more info. »

    The dynamic landscape of current events often brings forth significant discussions. Monitoring these developments provides crucial insights.

    For more detailed information, explore updates concerning Dow closes 270.

    For more news…