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ACCC seeks market input on Saputo offer to sell Koroit plant
Competition & Consumer Protection 2018-03-16 10:26 am By Cat Fredenburgh

The ACCC wants the public to weigh in on Saputo’s offer to sell its Koroit dairy plant in Victoria to win the regulator’s blessing for its $1.3 billion tie-up with Murray Goulburn.

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Equifax duped customers, ACCC says in enforcement action
Financial Services 2018-03-16 10:23 am By Christine Caulfield

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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New rule sets standard for handling NBN complaints
Telecommunications 2018-03-15 11:09 pm By Cat Fredenburgh

Australia’s communications regulator released new proposed rules today for telcos on handling consumer complaints about migration to the National Broadband Network.

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BHP should have considered other work for miner: FWC
Employment 2018-03-15 10:21 pm By Cat Fredenburgh

A BHP subsidiary acted unreasonably when it failed to consider alternative work for an incapacitated employee and instead sent him home without pay for three weeks, a Fair Work Commissioner has found.

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Study blasts Volkswagen recall fix
Competition & Consumer Protection 2018-03-15 9:54 pm By Cat Fredenburgh

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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ASIC to crack down on unfair lending contracts
Financial Services 2018-03-15 4:49 pm By Christine Caulfield

ASIC put banks and other lenders on notice Thursday that unfair lending contracts aimed at small business will be an enforcement priority for the securities regulator.

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Banks slammed for uncompetitive mortgage pricing
Financial Services 2018-03-15 1:32 pm By Cat Fredenburgh

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
Competition & Consumer Protection 2018-03-15 12:22 pm By Cat Fredenburgh

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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Air France looks to ground “Love is in the Air” copyright case
Intellectual Property 2018-03-14 4:06 pm By Cat Fredenburgh

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
Competition & Consumer Protection 2018-03-14 3:58 pm By Cat Fredenburgh

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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