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ING Bank ran afoul of Consumer Data Right rules, ACCC claims
ACCC 2022-12-16 4:00 pm By Christine Caulfield

ING Bank has paid penalties of over $50,000 to the ACCC to resolve claims it failed to comply with the Consumer Data Right rules and misled consumers in relation to the security of its CDR service.

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Aristocrat wins $36M in patent infringement damages from pokies maker Konami
Andrew Fox 2022-12-15 4:44 pm By Sam Matthews

Gaming company Konami will cough up $35.9 million dollars to rival company Aristocrat Technologies next year, eight years after a judge found that it had violated Aristocrat’s patent for a slot machine with an improved jackpot feature.

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Law firm bows out of contest to run class actions against Apple, Google
Apple 2022-12-15 5:31 pm By Cindy Cameronne

A law firm has dropped plans to bring a second set of class actions alleging Apple and Google engaged in anti-competitive conduct in operating their app stores, but will act as an “agent” for the first-to-file firm.

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Finder Wallet taken to court by ASIC over ‘unlicensed’ crypto product
ASIC 2022-12-15 5:48 pm By Cat Fredenburgh

ASIC has filed a lawsuit against Finder Wallet, a subsidiary of comparison website Finder.com, alleging the company breached various requirements in relation to its crypto product Finder Earn.

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High Court won’t hear appeal by payday lenders Cigno, BHF
Adam Pomerenke 2022-12-15 8:43 pm By Cat Fredenburgh

The High Court won’t hear an appeal by payday loan providers Cigna and BHF seeking to challenge a Full Court judgment that found they can’t dodge the obligations contained in the National Credit Code through their lending model.

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Sydney Flames CEO sues team’s owner over alleged boys’ club culture
Employment 2022-12-15 5:02 pm By Cindy Cameronne

The former chief executive officer of the Sydney Flames has filed proceedings against the owner of the women’s basketball team, Hoops Capital, alleging she was sacked after complaining about a lack of resources for the team and a “boys’ club” culture. 

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‘No duty to be decent and fair’: Allianz wins High Court appeal over cyclone damage claim
Allianz 2022-12-14 4:59 pm By Cindy Cameronne

Insurer Allianz has won its challenge to a decision forcing it to indemnify a north Queensland body corporate for cyclone damage despite non-disclosure of serious building defects, with the High Court finding insurers have no general duty to be “decent and fair”.

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High Court clarifies test for implied terms, says CoreLogic did not infringe photographer’s copyright
Anthony Messina 2022-12-14 5:56 pm By Sam Matthews

The High Court has found that property data analytics firm CoreLogic did not infringe a real estate photographer’s copyright by uploading images from realestate.com.au to its platform, overturning a decision of the Full Federal Court.

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Medibank notified of law firm complaint to privacy commissioner
Healthcare 2022-12-14 4:44 pm By Christine Caulfield

Medibank was formally notified Tuesday of a class action-style complaint brought on behalf of millions of customers in the wake of last month’s massive data breach.

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‘An unusual case’: ACCC gives Booktopia more time to pay $6M penalty
ACCC 2022-12-14 3:16 pm By Cindy Cameronne

The Australian Competition and Consumer Commission has agreed to grant Booktopia more time to pay a $6 million penalty over an alleged misleading refund policy, after the online book retailer suffered a “massive fall” in its share price.

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