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 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.
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.
The Bank of Queensland has reached a settlement close to trial in a class action brought by investors in a multi-million dollar Ponzi scheme masterminded by jailed scammer Bradley Sherwin.
The CFMEU has a “deplorable record” of breaking industrial legislation, a Federal Court judge said Monday as it slapped the union and a Victorian delegate with a $105,000 fine for enforcing a closed union construction site in Melbourne.
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.
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.
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.
In a win for aviation services company Aerocare, a court on Friday ruled the company’s bid for review of its controversial split-shift rosters was not an abuse of process as two unions had argued.
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.