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Cable makers didn’t violate consumer law, judge says
Consumer Goods 2018-06-22 11:38 am By Cat Fredenburgh

A judge has found the Australian Cablemakers Association did not violate the consumer laws when it sent letters to several Ministers complaining that an electrical cable supplied by Midland Metals was unsafe.

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Fair Work Ombudsman loses bid for hefty fine in MUA strike case
Employment 2018-06-21 11:16 pm By Christine Caulfield

The Fair Work Ombudsman lost its argument for $4.1 million in penalties against the CFMMEU for industrial action at shipping terminals in Sydney and Brisbane, with a judge instead fining the union just $38,000.

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Geneva Labs’ counterfeit Bio-Oil case dismissed as ‘madness’
Intellectual Property 2018-06-21 10:08 pm By Miklos Bolza

A Federal Court judge has dismissed proceedings by US pharma giant Geneva Laboratories against disgraced Sydney pharmacist Mina Attia over sales of 1,000 counterfeit Bio-Oil skincare bottles, calling it “madness” and a misuse of the court.

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Judge denies climate change challenge to NSW mine expansion
Energy & Natural Resources 2018-06-21 9:55 pm By Miklos Bolza

An environmental group has lost a bid to halt the expansion of an open cut mine owned by a subsidiary of Peabody Energy on the grounds that the regulatory approval for the project failed to assess its greenhouse gas emissions.

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Fat pill patent by Danone unit gets IP Australia’s OK
Healthcare 2018-06-21 9:36 pm By Christine Caulfield

Danone’s Nutricia unit has defeated a challenge by New Zealand’s dairy cooperative Fonterra to registration of an Australian patent for the use of a nutritional pill for increasing weight gain in frail, elderly people.

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Ex-Titan head must provide evidence in insulation class action
Class Actions 2018-06-21 9:20 pm By Cat Fredenburgh

A judge has ruled the former head of Titan Industries must provide evidence in the class action trial over the Rudd Government’s cancellation of a program that subsidised home insulation installations, saying there was no proof his testimony could be used to bring a criminal case or reopen a coronial inquest into the death of a Titan contractor.

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CBA’s $25M rate-rigging settlement gets court OK
Financial Services 2018-06-21 10:58 am By Christine Caulfield

The Federal Court has approved Commonwealth Bank’s $25 million settlement with ASIC over allegations it manipulated the bank bill swap rate.

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Toys ‘R’ Us to close after administrators fail to find buyer
Restructuring & Insolvency 2018-06-20 10:56 pm By Christine Caulfield

Toys ‘R’ Us Australia will wind down after all potential buyers pulled out of purchasing the failed toy retailer, administrators said Wednesday.

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Popular baby wash maker fined over “organic” claims
Consumer Goods 2018-06-20 10:32 pm By Cat Fredenburgh

A popular maker of baby skin products has been fined by the ACCC for claiming its products are organic even though they contain synthetic chemicals.

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CBA’s $700M AUSTRAC settlement gets court OK
Financial Services 2018-06-20 5:56 pm By Miklos Bolza

A Federal Court judge has signed off on a $700 million settlement between AUSTRAC and Commonwealth Bank of Australia for violating anti-money laundering and counter-terrorism financing laws, saying the penalty showed the court’s “strong disapproval” of the bank’s actions.

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