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Equifax duped customers, ACCC says in enforcement action

The consumer regulator has launched enforcement action against Equifax, accusing the credit reporting company of duping vulnerable customers into paying for credit reports that were only as good as its free reports.

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Study blasts Volkswagen recall fix

Volkswagen cars equipped with a software fix implemented in the wake of the emissions scandal are still emitting 400 percent more noxious emissions on road than in lab tests, according to a new study by the Australian Automobile Association.

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Banks slammed for uncompetitive mortgage pricing

Australia’s largest banks are weak when it comes to offering competitive prices on residential mortgages, Australia’s consumer regulator said Thursday in the first review undertaken by its newly formed financial services unit.

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ACCC raises concerns over Pacific National, Aurizon deal

The Australian Competition and Consumer Commission said Thursday that Pacific National’s proposed acquisitions of Aurizon’s Queensland intermodal freight haulage business and intermodal rail terminal at Acacia Ridge in Brisbane raises significant competition concerns.

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Fired CSIRO scientist can expand sex discrimination case

A former CSIRO scientist who claimed she was sacked after speaking out about systemic sex discrimination has won court approval to expand her lawsuit against Australia’s national science agency.

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Air France looks to ground “Love is in the Air” copyright case

Air France has denied claims of copyright infringement by the writers of “Love is in the Air”, saying its “France is in the Air” song and ad campaign are derived from a different, original work.

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AWB to drop unfair contract terms that raised ACCC’s ire

Australia’s largest agribusiness, AWB Harvest Finance Pools Pty Ltd, has agreed to make changes to the contracts it uses with farmers after the Australian Competition and Consumer Commission flagged terms of its contracts for being unfair. 

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Bayer pesticide patents invalidated after Syngenta challenge

The Australian Patent Office has invalidated two insecticide patents by Bayer on a challenge by rival Syngenta, with a delegate of the agency ruling the inventions’ claims were obvious.

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Banks may face credit card insurance class action

Slater and Gordon is mulling a class action against Australian banks over credit card insurance, which the firm describes as “worthless” and “junk” because many people who are sold the insurance are not eligible to make a claim.

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Prysmian loses appeal of $3.5M cartel fine

The Full Federal Court has shot down Prysmian Cavi E Sistemi’s appeal of a $3.5 million fine for alleged cartel conduct. 

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