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Cardtronics settles with ACCC over small business contracts
Financial Services 2018-03-27 4:07 pm By Cat Fredenburgh

ATM provider Cardtronics has agreed to change its small business contract, after the Australia’s consumer regulator found some of the terms of the contract were unfair.

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RBS to pay $12.58 million to settle class action
Financial Services 2018-03-27 2:05 pm By Cat Fredenburgh

The Royal Bank of Scotland has agreed to pay $12.58 million to settle a consumer class action brought on behalf of purchasers of its financial products. 

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High Court refuses Newcastle port appeal in access dispute
Appeals 2018-03-26 7:27 pm By Cat Fredenburgh

The High Court of Australia has rejected an appeal by the Port of Newcastle to overturn a decision that declared the shipping channel at the port and gave the Australian Competition and Consumer Commission regulatory power to settle access disputes.

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ACCC to rethink approach to penalties
Competition & Consumer Protection 2018-03-26 5:06 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission will reconsider its approach to penalties for competition law breaches, in the wake of a report that found companies faced substantially lower penalties in Australia than in countries with similar competition regimes.

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Franchise industry to face greater scrutiny
Competition & Consumer Protection 2018-03-23 9:37 pm By Cat Fredenburgh

Australia’s consumer regulator said Friday that protecting franchises from unfair business practices will continue to be a top priority this year, one day after the Senate voted to establish an inquiry into the franchising industry.

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Slater and Gordon looks at Tathra bushfire class action
Class Actions 2018-03-23 9:18 pm By Cat Fredenburgh

Residents and property owners whose homes were damaged or destroyed after a bushfire in Tathra, NSW — believed to have been sparked by an Essential Energy power line — are being invited to join a potential class action by Slater and Gordon.

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Insurers could be next target of unfair contract law expansion
Financial Services 2018-03-23 9:06 pm By Cat Fredenburgh

The Australian government is mulling whether to extend unfair contract laws to insurance contracts, Finance Minister Kelly O’Dwyer said.

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ACCC targets Vocus for misleading NBN speed claims
Competition & Consumer Protection 2018-03-23 3:29 pm By Cat Fredenburgh

Three units of Vocus have entered agreements with the ACCC to refund customers for promising NBN speeds they couldn’t deliver.

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New claims target GetSwift’s enterprise client announcement
Class Actions 2018-03-23 2:36 pm By Cat Fredenburgh

Squire Patton Boggs has expanded its shareholder class action against GetSwift to include claims over statements the logistics software company made to shareholders regarding high-volume enterprise contracts.

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Zoetis faces class action over horse drug
Class Actions 2018-03-23 11:33 am By Cat Fredenburgh

Zoetis is facing a class action from horse owners who say the pharmaceutical company made misleading claims about its Hendra virus drug.

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