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Despite pleading guilty, CBA dodges criminal case over consumer credit insurance
ASIC 2022-12-20 9:39 am By Christine Caulfield

A precedential ruling on the statute of limitations in a separate case has forced the dismissal of criminal charges against the Commonwealth Bank — after the bank pleaded guilty.

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Aussie Skips, CEO charged with cartel offences
ACCC 2022-12-19 4:13 pm By Sam Matthews

Aussie Skips Recycling and Aussie Skips Bin Services have been charged with two criminal cartel offences over alleged price fixing for demolition waste services in Sydney.

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ACCC accuses wealth guru Dominique Grubisa of misleading students
ACCC 2022-12-16 9:53 pm By Cindy Cameronne

The Australian Competition and Consumer Commission has taken wealth guru Dominique Grubisa and her business DG Institute to court for allegedly misleading students of their real estate investing and wealth management programs.

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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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Westpac settles superannuation class action for $30M
Class Actions 2022-12-16 12:03 pm By Sam Matthews

Westpac has agreed to pay $29.95 million to settle a class action alleging subsidiaries BT Funds Management Limited and Westpac Life Insurance Services Limited charged customers excessive superannuation fees between 2007 and 2019.

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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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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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‘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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Home builder admits to unfair clause banning bad reviews by customers
ACCC 2022-12-13 5:11 pm By Sam Matthews

Property developer Fowler Homes has admitted that its standard contract included an unfair non-disparagement clause preventing customers from publishing negative reviews or other feedback without the company’s permission.

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Zoetis vaccine class action applicant can’t fight adverse costs after unsuccessful case
Christopher Barry 2022-12-13 4:09 pm By Cindy Cameronne

A judge has found the applicant in a dismissed class action against animal health giant Zoetis is liable for the company’s defence costs in the case centering on alleged serious side effects of horse vaccine Equivac.

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