Australia’s securities regulator will soon have a new mandate – overseeing competition in the financial sector.
H.J. Heinz Company Australia Ltd made misleading claims about the health benefits of its Little Kids Shredz products, the Federal Court said Monday.
The Full Court has allowed Yazaki Corporation to file additional documents as it weighs the ACCC’s case that the auto parts maker got off easy when the federal court slapped it with a $9.5 million penalty in May for engaging in cartel conduct.
The first stage of the Australian trial alleging Volkswagen installed dual-mode software in diesel vehicles to cheat on emissions tests will wrap up Monday, when class action lawyers deliver a final rebuttal and closing arguments.
The ACCC wants the public to weigh in on Saputo’s offer to sell its Koroit dairy plant in Victoria to win the regulator’s blessing for its $1.3 billion tie-up with Murray Goulburn.
The consumer regulator has launched enforcement action against Equifax, accusing the credit reporting company of duping vulnerable customers into paying for credit reports that were only as good as its free reports.
Australia’s communications regulator released new proposed rules today for telcos on handling consumer complaints about migration to the National Broadband Network.
Volkswagen cars equipped with a software fix implemented in the wake of the emissions scandal are still emitting 400 percent more noxious emissions on road than in lab tests, according to a new study by the Australian Automobile Association.
ASIC put banks and other lenders on notice Thursday that unfair lending contracts aimed at small business will be an enforcement priority for the securities regulator.
Australia’s largest banks are weak when it comes to offering competitive prices on residential mortgages, Australia’s consumer regulator said Thursday in the first review undertaken by its newly formed financial services unit.