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EPA did not have to consider greenhouse gas emissions in coal licence renewal, court finds
Allens 2022-12-21 10:43 pm By Sam Matthews

The Victoria Supreme Court has dismissed a bid to quash the Environment Protection Authority’s decision to renew the mining licences of the state’s three remaining coal power stations, in a test case for the state’s Climate Change Act.

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ACCC rejects Telstra, TPG $1.8B mobile network sharing deal
Competition & Consumer Protection 2022-12-21 9:50 am By Christine Caulfield

The ACCC has refused to authorise a regional network arrangement between Telstra and TPG, saying the deal would entrench Telstra’s dominant position in the mobile market.

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ACCC to weigh competition with, and without, Armaguard, Prosegur tie-up
ACCC 2022-12-21 10:50 pm By Christine Caulfield

The proposed Armaguard merger with rival Prosegur will clearly reduce competition in the cash transport industry but the world without the tie-up might be just as bleak, the ACCC has said.

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ACMA slams ABC over Four Corners report ‘Fox and the Big Lie’
ABC 2022-12-21 6:03 pm By Cat Fredenburgh

The communications regulator has found an ABC Four Corners report on the role Fox News played in perpetuating the lie that the 2020 US presidential election was stolen breached the accuracy and fair and honest dealing requirements in its Code of Practice.

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Firm to drop class action against Philips over recalled sleep apnea devices
Andrew Broadfoot 2022-12-20 4:08 pm By Cindy Cameronne

Philips Electronics will not face a class action in Australia over recalled sleep apnea machines that contained a foam component that could  degrade and cause consumers to inhale dangerous chemicals, after the law firm running the litigation decided to drop the case.

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Insurer Bond & Credit Company fires cross-claims at Greensill
Chief Justice James Allsop 2022-12-20 2:58 pm By Cindy Cameronne

Insurer Bond & Credit Company is seeking to join Greensill Group to three lawsuits over the financing firm’s $1.7 billion collapse in March 2020, while Greensill has foreshadowed its own cross-claims against Insurance Australia Group.

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‘Disastrous’ GetSwift class action settlement revised down to $1M
Alan Shearer 2022-12-20 4:47 pm By Cat Fredenburgh

A $1.5 million class action settlement against failed logistics provider GetSwift, which a judge termed a “disaster”, has been revised down to $1 million and may face a liquidators’ challenge that could see a group members recover nothing.

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AVZ Minerals may face class action over lithium project disclosures
Class Actions 2022-12-20 9:52 pm By Cat Fredenburgh

Lithium prospecting  company AVZ Minerals is facing a potential class action for allegedly misleading shareholders about its ownership rights to its flagship lithium project in the Democratic Republic of Congo. 

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‘ASX Wolf’ trader’s Instagram account was unlicensed financial services biz, court rules
ASIC 2022-12-20 4:51 pm By Sam Matthews

Gold Coast ‘finfluencer’ Tyson Scholz provided illegal financial services by giving tips on his Instagram account and to customers who paid for access to his seminars and ‘Black Wolf Pit’ chat room, a judge has found.

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Pokemon No! Gaming company sues over unauthorised NFTs
Corrs Chambers Westgarth 2022-12-20 5:27 pm By Cindy Cameronne

The Pokemon Company has taken an Australian business to court for allegedly threatening to release Pokemon non-fungible tokens for use in an augmented reality game without the copyright owner’s permission.

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