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ACCC calls for new regulatory regime for digital platforms
ACCC 2022-11-11 4:04 pm By Sam Matthews

The Australian Competition and Consumer Commission has called for a suite of new laws to curb “widespread, entrenched, and systemic” consumer and competition issues on digital platforms.

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Telcos hit with $33.5M in penalties over NBN speed claims
ACCC 2022-11-11 1:02 pm By Sam Matthews

A judge has hit Optus, Telstra, and TPG with a total of $33.5 million in penalties for misleading thousands of NBN customers into paying for internet speeds that could not be achieved.

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Gilbert + Tobin unveils new leadership team as co-founder steps down as boss
Business of Law 2022-11-10 11:30 pm By Sam Matthews

Law firm Gilbert + Tobin has unveiled its new leadership team, with two partners to take the helm following co-founder Danny Gilbert’s decision to step down from his role as managing partner.

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Court urged to impose $15M penalty against Telstra over NBN speed claims
Competition & Consumer Protection 2022-11-10 4:44 pm By Sam Matthews

Telstra has agreed to pay a $15 million penalty for misleading thousands of NBN customers about internet plan speeds, a sum which will bring the telco’s bill for consumer law violations since 2018 up to $75 million, if approved.

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Optus agrees to $13.5M penalty for misleading NBN customers
ACCC 2022-11-10 1:39 pm By Sam Matthews

Optus has agreed to pay a $13.5 million penalty for misleading thousands of NBN customers into paying for internet plan speeds that could not be achieved, the telco’s third penalty in four years over misleading representations made in relation to its NBN services.

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In light rail class action trial, NSW government denies it ‘sat back and did nothing’
Adam Hochroth 2022-11-09 9:49 pm By Sam Matthews

The New South Wales government has rejected a class action’s claims that it dropped the ball in relation to the identification and management of underground utilities which caused delays in Sydney’s $3 billion light rail project.

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Class action can’t get its hands on AMP, Clayton Utz emails
Anais d'Arville 2022-11-09 9:24 pm By Sam Matthews

A judge overseeing a class action over AMP’s fees for no service practice has dismissed the applicant’s bid to access communications between AMP and law firm Clayton Utz that led up to an ostensibly independent report that allegedly went through 25 rounds of edits with the wealth manager’s inhouse lawyers.

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Court approves GCO in Noumi class action but may review lawyers’ cut
Alistair Pound 2022-11-08 10:40 pm By Sam Matthews

A judge has signed off on a group costs order in a shareholder class action against food company Noumi and auditor Deloitte guaranteeing group members a return of at least 78 per cent, but noted the law firms’ cut may need to be reviewed to avoid a “disproportionate return”.

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Ex-Courtenay House director pleads guilty over $180M Ponzi scheme
ASIC 2022-11-08 9:26 pm By Sam Matthews

The former director of investment management fund Courtenay House has pleaded guilty to five criminal charges after an ASIC investigation revealed he duped 585 investors in a $180 million Ponzi scheme.

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Nine tells court barrister stole Insta-famous cavoodle, misled police
Bird & Bird 2022-11-07 11:03 pm By Sam Matthews

A judge has questioned Nine’s eleventh-hour bid to add allegations of “serious criminal offences” against a barrister who sued the media company over its coverage of her custody battle for famed social media pooch Oscar the cavoodle.

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