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ACCC’s case bad for business, Aboriginal art supplier tells court
Competition & Consumer Protection 2018-04-18 8:43 pm By Miklos Bolza Sydney

An Aboriginal art and souvenir supplier says its business has taken a hit since the ACCC accused it of selling fakes, and the company wants to expedite the regulator’s case to avoid further damage, a court heard Wednesday.

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Former NAB adviser banned for stealing $2 million from clients
Competition & Consumer Protection 2018-04-18 12:50 pm By Cat Fredenburgh Melbourne

A former NAB financial adviser has been permanently banned from providing financial services after an ASIC investigation found he fleeced clients out of at least $2 million.

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RMIT whistleblower wins subpoena request
Employment 2018-04-17 10:23 pm By Cat Fredenburgh Melbourne

A former RMIT worker suing the university for allegedly firing him after he blew the whistle on a colleague for selling exam answers to students has won a bid to subpoena documents from the Victorian Ombudsman. 

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Geneva Labs can’t expand fake Bio-Oil case
Article 2018-04-17 9:30 pm By Christine Caulfield Melbourne

A judge has dismissed a bid by Geneva Laboratories to add the sole director of a healthcare product distributor as a defendant in a high-stakes case over counterfeit versions of its popular and premium-priced Bio-Oil line of skin-care products.

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Writers’ Guild slams “mishmash” of evidence in royalties case
Intellectual Property 2018-04-17 8:40 pm By Miklos Bolza Sydney

A barrister for the Australian Writers’ Guild has blasted documents produced by the non-profit Screenrights in a court battle over tens of millions of dollars in royalties payments, calling the evidence a “complete mishmash”.

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S&P analysts take stand in class action trial
Article 2018-04-17 8:07 pm By Miklos Bolza Sydney

Two high ranking analysts from S&P Global have distanced themselves from the decision making process at the heart of a class action over toxic financial products given healthy ratings by the agency ahead of the global financial crisis.

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Independence of Clayton Utz report questioned at Royal Commission
Clayton Utz 2018-04-17 11:11 am By Christine Caulfield Melbourne

The independence of a report by law firm Clayton Utz to ASIC over AMP’s practice of charging customers for services not performed was called into question Tuesday at the Hayne Royal Commission.

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Judge won’t block ex-SAI Global exec from going to rival company
Article 2018-04-16 11:25 pm By Cat Fredenburgh

A judge has rejected a bid by information services company SAI Global Property to temporarily ban a former sales manager from working for a direct competitor, saying the executive could not have realistically remembered SAI’s list of thousands of clients.

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Commonwealth Bank to pay $3 million over fees for no service
Competition & Consumer Protection 2018-04-16 9:51 pm By Cat Fredenburgh Melbourne

Two Commonwealth Bank subsidiaries have entered an agreement with ASIC to pay $3 million for failing to provide annual reviews to customers that paid for the service, adding to the $88 million they have already paid out to 31,500 affected customers.

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BHP wins halt of FWC’s alternative-work decision
Ashurst 2018-04-16 9:39 pm By Christine Caulfield Melbourne

A BHP subsidiary has won a reprieve pending appeal of a Fair Work Commission decision that found it acted unreasonably when it failed to consider alternative work for an incapacitated miner.

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