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Australia ‘really needs’ an unfair practices law, ACCC deputy chair says
ACCC 2022-11-04 11:39 pm By Cindy Cameronne Sydney

The outgoing deputy chair for the Australian Competition and Consumer Commission says Australia “really needs” a new unfair practices law, echoing sentiments from the regulator’s former boss.

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Dell misled online customers about inflated discounts during COVID lockdowns, ACCC says in new case
ACCC 2022-11-04 11:13 pm By Christine Caulfield

The consumer regulator has taken Dell Australia to court for allegedly making misleading statements about the price of add-on monitors that could be purchased with Dell computers during the height of the COVID-19 pandemic.

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White & Case nabs competition partner
Allen & Overy 2022-11-04 10:08 pm By Cat Fredenburgh

White shoe firm White & Case has lured a partner from Norton Rose Fulbright to beef up its competition capabilities in Australia.

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ASIC’s greenwashing crackdown means no more ‘purely aspirational’ targets
ACCC 2022-11-03 11:29 pm By Cindy Cameronne Sydney

The Australian Securities and Investments Commission has drawn “a line in the sand” on greenwashing and will no longer accept “purely aspirational” climate change targets from companies, the regulator’s deputy chair has said.

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Crypto, greenwashing and predatory lending on ASIC’s radar amid ‘near-perfect storm’
ASIC 2022-11-03 3:15 pm By Cindy Cameronne Sydney

The Australian Securities and Investments Commission is targeting predatory lending, greenwashing and crypto-assets as rising interest rates cause consumers to turn to fringe sources of credit.

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Ashurst lures back lawyer from Clayton Utz to grow digital economy team
Ashurst 2022-10-31 2:10 pm By Christine Caulfield

As part of expansion plans for its Canberra office, Ashurst has brought back Mathew Baldwin as a partner in its digital economy team to advise federal government agencies in digital and data projects.

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Appearance of bias prompts ASIC push for Youpla special purpose liquidators
Article 2022-10-28 11:46 pm By Christine Caulfield

A joint court application by ASIC and NSW Fair Trading calls for special purpose liquidators to claw back money from funeral insurer Youpla over concerns about the current liquidator’s relationship with the failed company’s former lawyer.

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Albanese budget invests $360M in anti-corruption commission, First Nations legal aid
Courts 2022-10-25 11:11 pm By Christine Caulfield

A historic $99 million package has been committed for legal programs for First Nations people in the Albanese government’s inaugural budget, which also earmarks $263 million to establish a national anti-corruption commission and scope out a federal judicial commission.

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Companies to face $50M penalty for privacy breaches
ACMA 2022-10-21 11:59 pm By Cat Fredenburgh

Companies will face penalties of up to $50 million for serious privacy law breaches under legislation to be introduced the Attorney-General following data breaches by Optus, Medibank and Woolworths unit MyDeal.

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Thomson Geer lures partner for construction team
Business of Law 2022-10-20 4:01 pm By Sam Matthews Melbourne

Thomson Geer has snagged a construction disputes specialist from Clayton Utz to bolster its growing construction team in Sydney.

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