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Woolworths faces $1B backpay claim in challenge to EBA
Employment 2018-08-23 10:05 pm By Christine Caulfield Melbourne

Supermarket giant Woolworths has been hit with union action to scrap its enterprise bargaining agreement and put it on the hook for $1 billion in unpaid wages.

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Penalties for consumer law violations set to skyrocket
Competition & Consumer Protection 2018-08-23 3:22 pm By Christine Caulfield Melbourne

Companies breaching the Australian Consumer Law will be hit with higher fines after the Federal Parliament on Thursday passed a bill that aligns the maximum penalties with fines for competition law violations.

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Trivago taken to court over hotel price ads
Article 2018-08-23 2:14 pm By Christine Caulfield Melbourne

Hotel booking site Trivago has been hit with legal action by the consumer regulator alleging the company’s price advertisements were misleading.

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ACCC greenlights outdoor advertising deals
Advertising 2018-08-23 11:47 am By Christine Caulfield Melbourne

The competition regulator has cleared JCDecaux Australia’s multibillion merger with APN Outdoor Group, while oOh!media’s $570 million tie-up with AdShel has also been given the nod.

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Rinehart family feud turns on a word, High Court hears
Contracts 2018-08-22 9:49 pm By Christine Caulfield Melbourne

The bitter dispute between Gina Rinehart and two of her children over billions of dollars in iron ore mining assets may come down to how the High Court interprets a single word in an arbitration clause of agreements signed by the warring family members.

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Ex-mining boss Darren Lind found guilty of insider trading
Article 2018-08-21 10:05 pm By Christine Caulfield Melbourne

A jury has found the former managing director of South Australian mining exploration company Golden Fields Resources guilty of two counts of insider trading, the corporate regulator said Tuesday.

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Securency must pay $64M after ‘shabby fraud’ on businessman
Contracts 2018-08-21 4:15 pm By Christine Caulfield Melbourne

Plastic banknote company Securency has been ordered to pay more than $64 million after it tricked its agent in Nigeria into signing away his commission in what the Federal Court called a “shabby fraud”.

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Lawyer’s bungled court filing dooms helicopter injury case
Article 2018-08-21 12:52 pm By Christine Caulfield Melbourne

A helicopter passenger who suffered serious injuries in an accident near Alice Springs has lost a challenge to the dismissal of his case, with an appeals court ruling a Slater & Gordon lawyer’s defective statement of claim — lodged on the last day of the limitations period — was not accepted by a registry of the Northern Territory Supreme Court. 

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ACCC lost cartel case because Loyal, Cascade were not competitors, judge rules
Competition & Consumer Protection 2018-08-20 11:44 pm By Christine Caulfield Melbourne

The two coal companies at the centre of an ACCC case alleging an unlawful agreement to rig the tender process for mining exploration licenses were not competitors, a judge has ruled in dismissing the watchdog’s cartel case.

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Murray Goulburn faces second class action over profit downgrade
Agriculture 2018-08-20 2:04 pm By Christine Caulfield Melbourne

Milk supplier Murray Goulburn has been hit with a second class action over its profit forecast revision in 2016 that wiped 40 percent off the dairy cooperative’s investment value.

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