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Life insurer to refund customers $900K for cost of living increases
Life insurer TAL Direct Pty Ltd has agreed to refund 1,200 funeral insurance customers after telling ASIC it violated the terms of their policies by failing to turn off cost of living increases.
Souvenir supplier sold fake Aboriginal art, ACCC says
The ACCC has accused an Aboriginal art and souvenir supplier of sourcing its products from Indonesia but falsely claiming they were made or hand painted in Australia by Indigenous people.
ACTU calls for Fair Work Act update to combat ‘wage theft’
ACTU secretary Sally McManus called for an overhaul of the Fair Work Act on Wednesday, saying Australia's workplace laws were broken and the Turnbull government was willfully ignoring the crisis.
ACCC won’t oppose Bayer, Monsanto deal
The Australian Competition and Consumer Commission will not oppose agricultural giant Bayer AG's proposed $US66 billion acquisition of rival Monsanto Corporation, after Bayer agreed to divestitures to win approval from the European Commission.
Woolworths wins appeal of FWC’s extension in unfair dismissal case
A full bench of the Fair Work Commission on Wednesday overturned a decision extending the time allowed for a Woolworths' employee to lodge an unfair dismissal case by 164 days, saying the commissioner was wrong to find acceptable three unacceptable reasons for such a delay.
Patent exhaustion debate may be headed for High Court
Printer cartridge seller Calidad may take its arguments over the exhaustion of patent rights to the High Court, the company told the Federal Court in its challenge to an infringement win for Japanese electronics giant Seiko Epson.
Judge fines online directory $300K in consumer case
Shuttered online business directory ABG Pages has been slapped with a $300,000 fine after admitting to systemic unconscionable conduct that included refusing to cancel customer contracts and pretending that big businesses advertised on their service.
Magic Circle firm to rep Rio Tinto in ASIC case
Magic Circle firm Clifford Chance will represent Rio Tinto as it faces legal action in Australia over allegedly misleading investors about the coal reserves of a Mozambique mining company it acquired for $4 billion in 2011.
Viagogo knew ‘from the outset’ how much it charged customers, ACCC says
Viagogo could calculate from the start of the booking process how much it would charge in booking and handling fees for event tickets, but kept customers in the dark, the ACCC said in a recent court document, rebutting the online ticket reseller's defense in the consumer regulator's case.
iiNet, Internode to refund customers for NBN speed claims
Internet providers iiNet Limited and Internode Pty Ltd have agreed to compensate customers for promising NBN speeds that they couldn't deliver, the fifth undertaking the Australian Competition and Consumer Commission has won from companies for making misleading NBN claims.