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High Court revokes special leave in Facebook’s challenge to data breach case
Appeals 2023-03-07 11:33 pm By Christine Caulfield

The High Court has revoked special leave to Facebook to challenge a case by the privacy commissioner, finding that the social media giant’s grounds of appeal no longer involved issues of public importance.

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ACCC to monitor essential services pricing, interest rates in 2023
ACCC 2023-03-07 4:38 pm By Sam Matthews Melbourne

The ACCC will monitoring the pricing and supply of essential services such as energy and telecommunications as well as interest rates in 2023 as cost of living pressures continue to bear down on consumers.

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Former Benjamin Hornigold execs face charges over $3.8M in payments
ASIC 2023-03-03 11:10 pm By Cat Fredenburgh

Two former executives of investment fund Benjamin Hornigold Limited have been charged with offences related to $3.8 million in payments.

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Ultra Tune boss seen instructing lawyer in criminal case, not incapacitated, judge says
ACCC 2023-03-02 3:23 pm By Cindy Cameronne Sydney

Ultra Tune has failed to prove its managing director is mentally incapacitated and unable to give evidence at a sentencing hearing for contempt of court after he was seen earlier this week attending a hearing in a criminal case on charges of stalking his ex-girlfriend.

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Crown owns up to ‘serious and systemic’ breaches of money laundering laws
Allens 2023-03-01 5:29 pm By Sam Matthews Melbourne

Casino giant Crown has admitted to a “significant number” of anti-money laundering and counter terrorism breaches in a case brought by AUSTRAC.

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Fitbit says ACCC must show why 45-day refund limit is not reasonable
ACCC 2023-03-01 4:20 pm By Cindy Cameronne Sydney

Google-owned Fitbit has denied ACCC allegations it misled consumers about their rights concerning faulty devices, and has challenged the regulator on its claim that it was obligated to refund customers who did not raise a complaint within 45 days of purchase or shipment.

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ASIC files first-ever action over whistleblower breaches against TerraCom
ASIC 2023-03-01 1:19 pm By Cindy Cameronne Sydney

The Australian Securities and Investments Commission has brought its first-ever case alleging breach of whistleblower protections against coal producer TerraCom, claiming it made misleading statements to the market that damaged a whistleblower’s reputation.

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Star accounts for $150M in likely penalties after ASIC ‘raises concerns’
ASIC 2023-02-28 11:47 pm By Christine Caulfield

The corporate regulator voiced concerns with Star Entertainment over its 2022 financial report, which it said made no provision for likely fines faced by the casino operator for lax compliance with money laundering laws.

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First-ever greenwashing case by ASIC targets Mercer Super
ASIC 2023-02-28 10:28 am By Cindy Cameronne Sydney

The Australian Securities and Investments Commission has launched the first-ever civil penalty case for greenwashing, alleging Mercer Superannuation misled investors about the sustainability of its investment options.

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Aussie Skips, CEO plead guilty in criminal cartel case
ACCC 2023-02-27 1:19 pm By Sam Matthews Melbourne

Aussie Skips and CEO Emmanuel Roussakis have pleaded guilty to price fixing over the supply of skip bins and demolition waste services in Sydney.

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