A fine imposed against the Commonwealth Bank for false and misleading representations to customers should reflect offences that were “well below the midpoint” of seriousness, counsel for the bank has told a judge overseeing the first criminal case of its kind.
iSignthis CEO John Karantzis claims the ATO misled the court when it sought a freezing order over his assets in a dispute over an alleged $10.7 million tax debt, saying the tax office failed to give the judge “material” information.
A Fair Work Commission deputy president who warned against “a system of medical apartheid and segregation” in a decision on a workplace vaccine challenge has disqualified herself from hearing any future workplace vaccination disputes and been excluded from Full Bench work.
The Australian Competition and Consumer Commission has flagged preliminary competition concerns about a proposed merger of two of the largest suppliers of mobile container handling equipment, saying the tie-up could leave customers without a proven alternative supplier at shipping terminals.
The Australian Competition and Consumer Commission is calling for the power to mandate ‘choice screens’ in mobile devices to provide Australian consumers with a wider variety of online search engine options, as part of the regulator’s ongoing efforts to mitigate Google’s search dominance.
ASIC has flagged it may take regulatory action against super fund executives and directors for switching personal investment options using insider information.
Two law firms accused of providing negligent advice to Dover Financial over a so-called client protection policy found to be “highly misleading” have argued the defunct financial advisor should not be able to recover the $1.2 million penalty it was ordered to pay.
BlueScope Steel general manager Jason Ellis was not an honest witness and did not express genuine regret when he apologised for obstructing an ACCC investigation, a court hearing the regulator’s price-fixing case was told Tuesday.
The former export manager of pharmaceutical ingredient company Alkaloids of Australia has pleaded guilty to three counts of price-fixing, the first ever guilty plea by an individual to criminal cartel conduct.
The corporate regulator has brought proceedings against the former boss of defunct Freedom Insurance and another executive over an insurance sales program that incentivized sales agents with overseas holidays and a Vespa scooter.