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Airbnb host loses bid for Jobkeeper payments
ATO 2022-01-13 1:05 pm By Bianca Hrovat Sydney

An Airbnb host’s claim for JobKeeper payments has been shot down, with a tribunal saying the accommodation of paying guests at one’s own home did not constitute a business.

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ACCC zaps CovaU with $33,000 penalty over missing price comparisons
ACCC 2022-01-12 5:12 pm By Bianca Hrovat Sydney

Energy retailer CovaU has been hit with $33,300 in penalties by the Australian Competition and Consumer Commission over its alleged failure to provide consumers with a percentage price comparison for its residential electricity plans.

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Mylan Australia challenges ATO decision over $1.2B Alphapharm deal
ATO 2022-01-11 2:54 pm By Christine Caulfield Melbourne

Mylan’s Australia unit is appealing decisions by the tax office to refuse deductions on interest paid under loans taken out by the pharmaceutical giant to help fund the $1.2 billion acquisition of generic drug maker Alphapharm almost 15 years ago.

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Funeral services provider fined for not disclosing ‘unavoidable’ costs
ACCC 2022-01-10 12:06 pm By Cat Fredenburgh Melbourne

Perth-based funeral services provider Bowra & O’Dea has paid $26,640 in penalties for allegedly failing to disclose certain unavoidable costs when advertising rates for its funeral and cremation services.

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Statewide Super fined $4M for charging members for non-existent insurance
ASIC 2022-01-07 10:15 pm By Bianca Hrovat Sydney

Superannuation provider Statewide Super has been ordered to pay a $4 million penalty for an administrative error that saw around 12,500 fund members charged for insurance they did not receive.

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SmileDirectClub can’t get its facts straight, Invisalign claims
ACCC 2022-01-07 5:11 pm By Bianca Hrovat Sydney

The maker of the popular Invisalign dental aligners has sued competitor SmileDirectClub for allegedly misleading consumers about the cost and efficacy of its direct-to-consumer teeth alignment kits.

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ACCC extracts penalties from vanilla essence maker for misleading claims
ACCC 2021-12-23 6:40 pm By Miklos Bolza Sydney

A Sydney-based food distributor and retailer has agreed to pay over $26,000 in penalties for allegedly making false claims that its Chef’s Choice branded vanilla essence contained “pure” vanilla extract.

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Judge shoots down ‘audacious’ McMillan Shakespeare claim for surplus class action funds
Aptum Legal 2021-12-22 5:17 pm By Miklos Bolza Sydney

A judge has rejected an “audacious” attempt by McMillan Shakespeare to recoup a surplus of funds left over after a $9.5 million class action settlement was distributed to registered group members.

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In class action appeal, Ford says it’s not on hook for damages for fixed cars
ACCC 2021-12-22 3:44 pm By Miklos Bolza Sydney

Ford has challenged its loss in a class action over its allegedly defective PowerShift transmissions, arguing group members who have had their cars repaired are not entitled to damages.

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Mayfair slapped with $30M fine after judge finds ASIC penalty ‘insufficient’
Aaron Weinstock 2021-12-22 10:10 am By Miklos Bolza Sydney

Beleaguered investment group Mayfair 101 will have to pay a $30 million penalty after a judge found a $12 million penalty proposed by ASIC was “insufficient”.

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