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ACCC to review $2B Sydney toll road deal
The Australian Competition and Consumer Commission will review the proposed $2 billion acquisition of Sydney's WestConnex toll road by the Sydney Transport Partners Consortium for potential competition concerns.
Netgear settles with ACCC over misleading warranties
Netgear will provide refunds after misleading customers about remedies available to them on purchasing faulty products, another win for the ACCC even as the consumer regulator fights a recent court ruling over the extent of companies' remedy disclosure obligations.
New law would crack down on misleading broadband claims
A bill introduced this week seeks to crack down on misleading ads by broadband providers, a practice that recently landed broadband providers Telstra and Optus in hot water with Australia's consumer regulator.
TWU appeals fine for leaving lapsed members on books
The Transport Worker's Union of Australia is challenging a $270,000 fine in a case brought by the union monitor alleging it kept almost 21,000 lapsed members on its register and failed to keep copies of records.
Media giants want in on appeal of $4.5M Rebel Wilson award
Australia's biggest media companies want to lend their weight to an appeal by Bauer Media of a historic $4.5 million award handed to actor Rebel Wilson last year in a defamation case.
IP Australia grounds coffee pod patent
Australian company Vittoria Food & Beverage has won its challenge to a patent application for a coffee pod system filed by a unit of global food giant Mondelez International.
High Court to decide if pensions count as lost earnings
The High Court of Australia will tackle the question of whether injured plaintiffs in tort cases are entitled to damages for the future loss of superannuation and the age pension.
Australian litigation funder values caseload at $4.7B
It might be in the glare of a government inquiry, but business is booming for Australian litigation backer IMF Bentham, which values its current caseload at $4.7 billion.
ASIC bans life insurance adviser for 5 years
The Australian Securities and Investments Commission has banned a financial adviser for five years for failing to act in his clients' best interests, the second action taken by the corporate regulator through a project that uses data to target bad life insurance advisers.
Westpac faces new claim in life insurance class action
Westpac was responsible for the conduct of its in-house financial planner, who allegedly overcharged the bank's own customers with excess premiums on life insurance, class action lawyers have told a court.