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Unvaxxed stevedores not owed damages even if sackings had been unfair: FWC
Coronavirus 2022-07-14 4:26 pm By Sam Matthews Melbourne

The Fair Work Commission has found that unvaccinated stevedores were not unfairly terminated by their employer Patrick Stevedores — and even if they were no damages were owing. 

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Griffin Coal convicted of violating financial reporting obligations
ASIC 2022-07-13 11:12 pm By Sam Matthews Melbourne

Embattled mining company Griffin Coal has copped a $4,000 fine after being convicted of failing to meet its financial reporting and officeholder requirements.

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Red Telecom hit with $450,000 penalty for failing to pay customers
ACMA 2022-07-13 3:30 pm By Sam Matthews Melbourne

A judge has ordered a defunct telecommunications company to pay $450,000 in penalties for flouting orders requiring it to pay out over $63,000 to its customers.

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Bank of Queensland hit with first-ever penalty for Consumer Data Right breaches
ACCC 2022-07-13 2:11 pm By Sam Matthews Melbourne

Bank of Queensland is the first bank to be caught for alleged breaches under the new Consumer Data Right scheme, paying a $133,200 penalty.

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ASIC seeks $15M penalty against GetSwift after ‘unprecedented’ offshore move
Alan Shearer 2022-07-12 11:01 pm By Cindy Cameronne Sydney

ASIC has called for a $15 million penalty against GetSwift and 12-year bans against its directors, who moved the logistics company overseas as the regulator’s enforcement action was on foot, a move the court on Tuesday said was “unprecedented”.

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Bunnings, Kmart face investigation over use of facial recognition technology
Kmart 2022-07-12 10:21 pm By Cat Fredenburgh Melbourne

Retail giants Bunnings and Kmart are facing an investigation by the country’s privacy regulator for using facial recognition technology in their stores.

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Life insurer Select AFSL used unconscionable phone sales tactics, court finds
Anthony Cheshire 2022-07-11 2:25 pm By Cindy Cameronne Sydney

Insurer Select AFSL acted unconscionably when selling life, funeral and accidental injury insurance over the phone, a court has found in a case brought by the Australian Securities and Investments Commission.

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Dow’s vapor-drift fighting herbicide patent not new, IP Australia finds in win for Nufarm 
Agriculture 2022-07-07 4:41 pm By Christine Caulfield Melbourne

Nufarm Australia has successfully challenged a herbicide patent application by Dow Agrosciences’ successor on the grounds that the invention – aimed at limiting the worldwide problem of vapor drift – is neither new nor innovative.

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ASIC hits $1 billion ‘licensee for hire’ firm with court proceedings
ASIC 2022-07-07 1:13 pm By Cindy Cameronne Sydney

The Australian Securities and Investments Commission has filed civil penalty proceedings against advisory firm Lanterne Fund Services, alleging it ran a “wholly deficient business”.

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Zeller locked in trade mark battle with finfluencer Victoria Devine
Financial Services 2022-07-06 11:45 pm By Cat Fredenburgh Melbourne

Fintech startup Zeller Technologies has taken millennial financial adviser Victoria Devine to court after she succeeded in quashing its application to trade mark the word ‘Zeller’.

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