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ANZ, CBA face class action over fees charged on home, personal loans
ANZ 2021-09-29 9:28 pm By Miklos Bolza Sydney

The New Zealand arms of ANZ and the Commonwealth Bank have been hit with a multimillion dollar class action alleging they have failed to repay fees and interest wrongly charged to 150,000 customers who took out home or personal loans with the banks.

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Honda dealers win discovery for possible lawsuit over decision to ditch dealership model
Arnold Bloch Leibler 2021-09-29 11:38 am By Miklos Bolza Sydney

Two former Honda dealers have won a bid for preliminary discovery against Honda Australia to pursue a potential consumer lawsuit over the car maker’s decision earlier this year to abandon a dealership model in Australia.

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GetSwift settlement gives class action members $1.5M, slice of raised capital
Ahmed Rizk 2021-09-28 5:00 pm By Miklos Bolza Sydney

Logistics company GetSwift’s settlement of a shareholder class action will see group members share in $1.5 million cash plus access to further funds and revenue raised by the company over a three-year period.

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ACCC calls for greater power as report reveals Google’s ad-tech dominance
ACCC 2021-09-28 4:07 pm By Bianca Hrovat Sydney

The Australian Competition and Consumer Commission says it should be given more power to regulate the $9.5 billion advertising technology sector, after a report revealed Google’s overwhelming dominance could lead to consumers paying more for advertised goods.

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Judge wrong to shut down MySuper class action, appeals court hears
Allens 2021-09-27 9:01 pm By Miklos Bolza Sydney

A judge overstepped in throwing out a class action against two National Australia Bank units over alleged MySuper mismanagement because of a carveout in the Victorian Supreme Court Act which bars class actions involving trust property, an appeals court has heard.

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Objection to barrister’s eye rolling during BlueScope cross-exam shot down
ACCC 2021-09-27 9:29 pm By Cindy Cameronne Sydney

A judge hearing a price-fixing case against steel giant BlueScope has overruled an objection to the ACCCs barrister’s allegedly excessive “eye-rolling” and “scathing and sarcastic” manner during a cross-examination in which the company’s general manager was accused of lying under oath.

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Lawsuit accuses AMP of refusing to honour $955K buyout agreement
AMP 2021-09-27 10:11 pm By Bianca Hrovat Sydney

A retired financial planner has filed a lawsuit accusinf AMP of using “unfair tactics” to avoid coughing up close to a million dollars allegedly owed under a buyout option exercised in November 2019.

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Patent ‘troll’ takes aim at Apple’s iPhone technology in new lawsuit
Apple 2021-09-27 11:00 pm By Cat Fredenburgh Melbourne

Apple has been hit with a lawsuit alleging iPhone and iPad devices sold in Australia since at least 2014 and equipped with Touch and Face ID technology infringe two patents held by a non-practicing entity.

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Pfizer, Merck Sharpe & Dohme reach global settlement in vaccine patent battle
Corrs Chambers Westgarth 2021-09-24 6:25 pm By Cindy Cameronne Sydney

Pharmaceutical giants Merck Sharpe & Dohme and Pfizer have resolved a long-running intellectual property dispute over a 2015 patent owned by Pfizer for a pneumococcal vaccine.

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Media outlets win reprieve from ban on filming lockdown protests
ABC 2021-09-24 4:00 pm By Miklos Bolza Sydney

Nine Network, Seven Network and the Australian Broadcasting Corporation have won a temporary injunction barring the Civil Aviation Safety Authority from declaring the area above the Melbourne CBD to be a restricted area in response to anti-lockdown and anti-vaccine protests that have disrupted the city.

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