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ASIC wants ban on unsolicited insurance sales calls
Insurance 2019-07-18 4:03 pm By Amelia Birnie

The corporate watchdog has proposed a complete ban on unsolicited telephone sales of life insurance and consumer credit insurance, as an urgent placeholder ahead of wider reforms recommended after last year’s banking royal commission.

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Celebrity chef George Calombaris back-pays $7.8 million to underpaid staff
Employment 2019-07-18 2:24 pm By Amelia Birnie

The Melbourne restaurant group founded by celebrity chef George Calombaris has back-paid $7.8 million to more than 500 workers, after a Fair Work investigation uncovered significant staff underpayments.

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Guy Sebastian’s former manager admits to owing singer money, court hears
Entertainment 2019-07-18 1:25 pm By Miklos Bolza

Titus Day, former manager of pop star Guy Sebastian, admits that certain payments for promotional work should have been made to the singer, a court has heard.

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Shifting sands: orders for defendants to produce insurance policies in class actions
Expert Insights 2019-07-17 11:22 pm By Cat Fredenburgh

We have started to see the Federal Court use its discretionary powers in respect of class actions to order defendants to disclose their insurance policies to plaintiffs. The emergence of these disclosure orders is an example of the flexible and pragmatic approach increasingly being adopted by the Federal Court in class actions, say Johnson Winter & Slattery’s Frances Dreyer and Nicholas Briggs.

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CEO taken to court for allegedly paying nanny $2.33 an hour
Employment 2019-07-17 10:12 pm By Christine Caulfield

The CEO of a property development company faces enforcement action by the Fair Work Ombudsman for allegedly paying his nanny $2.33 an hour for over 100 hours of work a week.

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Liquidator admits ‘significant deficiencies’ and agrees to 10-year ban
Restructuring & Insolvency 2019-07-17 10:07 pm By Miklos Bolza

Veritas Advisory liquidator David Iannuzzi has admitted to “quite significant deficiencies” in his conduct as a liquidator and agreed to a 10-year ban from serving as an insolvency practitioner.

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APRA to get new super powers to crack down on rogue funds
Financial Services 2019-07-17 7:09 pm By Amelia Birnie

The Australian Prudential Regulation Authority will be given a raft of new disqualification powers over inappropriate directors and senior executives, after a report criticised the financial regulator’s preference to engage with regulated entities “behind the scenes”.

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Uber Eats makes restaurant contracts easier to swallow after ACCC scrutiny
Competition & Consumer Protection 2019-07-17 3:53 pm By Christine Caulfield

Uber Eats will overhaul its contracts with restaurants after an investigation by the Australian Competition and Consumer Commission found the agreements unfairly favoured the food delivery service.

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Aged care provider Estia Health hit with shareholder class action
Class Actions 2019-07-17 2:09 pm By Amelia Birnie

Residential aged care provider Estia Health says it will “vigorously defend” a class action filed by Phi Finney McDonald on behalf of shareholders who allege the company failed to disclose serious commercial difficulties with its acquisition strategy.

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Condom maker Ansell settles SKYN trade mark spat
Intellectual Property 2019-07-17 1:37 pm By Amelia Birnie

Ansell has settled a dispute with a Perth cosmetic clinic over its proposed registration of the trade mark ‘SKYN Love The Skyn You’re In’, after the Australian rubber latex manufacturer argued it was substantially identical to four of its condom trade marks.

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