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Telstra to refund customers $25M over NBN speed claims
ACMA 2021-07-07 6:49 pm By Bianca Hrovat Sydney

Telecommunications giant Telstra will provide $25 million in refunds to almost 50,000 customers after failing to inform them the speeds they were promised could not be obtained on the NBN.

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CDPP sent back to the drawing board to address ‘defects’ in ANZ cartel case
ACCC 2021-07-07 6:24 pm By Miklos Bolza Sydney

A judge has ordered the Commonwealth Director of Public Prosecutions to file a replacement indictment to address defects in the document at the centre of its criminal cartel case over a $2.5 billion ANZ share placement in August 2015.

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Forum Finance boss headed back to Australia to face $263M fraud claims, court hears
Andrew Hourigan 2021-07-07 4:51 pm By Cat Fredenburgh Melbourne

The director of Forum Finance, which has been accused by Westpac and Societe Generale of a $263 million fraud, is in Europe and will return to Australia over the weekend, although he has refused to tell his lawyer his exact location, a court has heard.

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HWL Ebsworth avoids hit from $263M Forum Finance scandal
Andrew Hourigan 2021-07-06 9:48 pm By Miklos Bolza Sydney

Law firm HWL Ebsworth says it has avoided any negative financial impact from its connection with Sydney financial firm Forum Finance, which has been accused by Westpac of a $263 million fraud.

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Insurer must cover breast implant doctor’s class action defence costs
Carter Newell 2021-07-06 1:29 pm By Christine Caulfield Melbourne

A surgeon facing class action claims from breast implant patients of the defunct The Cosmetic Institute has won his legal battle against an insurer that denied coverage for his defence costs.

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Facebook says ACCC’s data collection allegations ‘overstated’
ACCC 2021-07-06 11:52 am By Miklos Bolza Sydney

Facebook has accused the Australian Competition and Consumer Commission of overstating the amount of data it collected on users through its discontinued Onavo Protect mobile app, and says the collection was allowed under its terms of service.

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Captain Cook College engaged in systemic unconscionable conduct, court finds
ACCC 2021-07-02 11:09 pm By Cat Fredenburgh Melbourne

Motivated by greed, online educator Captain Cook College engaged in a system of unconscionable conduct by enrolling thousands of students who accrued $60 million in debt but never finished their courses, a court has found.

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Nine to repay customers $450,000 over ‘excessive’ surcharges
ACCC 2021-07-02 5:37 pm By Cindy Cameronne Sydney

Media giant Nine has paid more than $150,000 in fines and will repay subscribers and advertisers $450,000 for allegedly slapping them with excessive payment surcharges on credit card transactions.

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Insurers may be dragged into Opal Tower class action
Alexander Barnett 2021-07-02 3:21 pm By Cat Fredenburgh Melbourne

Third-party liability insurers may become the latest parties to be dragged into a complex class action over alleged defects in Sydney’s Opal Tower, which has has spawned six cross-claims so far.

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7-Eleven agrees to settle franchisee class actions
7-Eleven 2021-06-30 12:35 pm By Miklos Bolza Sydney

7-Eleven has reached an in-principle agreement to settle two class actions which accused the convenience store giant of misleading franchisees and underpaying employees at its stores.

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