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NAB hit with class action over ‘worthless’ credit card insurance
Financial Services 2018-09-27 4:08 pm By Cat Fredenburgh

Slater and Gordon has filed the first class action over “worthless” credit card insurance, alleging  National Australia Bank violated consumer protection laws when it sold the insurance to customers who were not eligible to bring a claim under the plans’ terms and conditions.

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IVF clinic sues rival for copying ‘chubby cheeks’ ad campaign
Competition & Consumer Protection 2018-09-26 5:17 pm By Cat Fredenburgh

An IVF clinic that pioneered the use of artificial intelligence for embryo selection has sued a rival clinic for allegedly copying an advertising campaign featuring the slogan “more chubby cheeks”.

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ACCC to probe competition in wine grape industry
Competition & Consumer Protection 2018-09-26 2:27 pm By Cat Fredenburgh

The ACCC is taking another look at market health in the agricultural sector with a new inquiry focused on competition in the market for wine grapes.

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Ex-Sirtex CEO charged with insider trading
Securities 2018-09-26 1:24 pm By Cat Fredenburgh

The former CEO of biotech company Sirtex Medical has been charged with insider trading.

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Trendy Aussie designer sues over handbag copyright
Intellectual Property 2018-09-25 9:40 pm By Cat Fredenburgh

A popular Australian designer of neoprene athleisure handbags has filed a lawsuit against another designer for making bags that allegedly copy the design of its trendy totes.

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ASIC may take banks on for sluggish reporting of breaches
Financial Services 2018-09-25 3:55 pm By Cat Fredenburgh

ASIC said it is considering enforcement action against companies that fail to detect and report breaches of the law in a timely manner, after a damning report found the major banks take more than four-and-a-half years on average to spot a breach.

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Ashurst investigation docs sought in Bechtel same-sex harassment suit
Employment 2018-09-25 12:53 am By Cat Fredenburgh

A Bechtel worker who claims his genitals were groped by a male employee and that the construction giant discriminated against him by failing to take the same-sex harassment seriously has sought documents from an internal investigation by Ashurst into the matter.

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Aussie wine label regime floated to fight copycats
Intellectual Property 2018-09-24 11:30 pm By Cat Fredenburgh

The Department of Agriculture and Water Resources has proposed a wine label directory meant to safeguard the intellectual property of Australian wine makers by making it easier to detect and bring lawsuits against copycats.

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ACCC to review Knauf’s $US7B takeover of USG
Construction 2018-09-24 4:15 pm By Cat Fredenburgh

The ACCC is reviewing two deals that would give Germany-based construction giant Knauf a bigger share of the market for construction materials in Australia.

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Director booted from board for missed meetings loses court challenge
Energy & Natural Resources 2018-09-24 1:46 pm By Cat Fredenburgh

A director of an energy company who was kicked off the board of directors for missing too many meetings has lost a Federal Court challenge to his dismissal.

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