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Successful discrimination suit against fintechs could shift ‘debanking’ trend
Financial Services 2024-05-30 11:54 pm By Andy Sidler

A Melbourne sex worker has discontinued his discrimination claim against two financial service providers that denied him an EFTPOS machine, on the proviso that the companies will not refuse services to customers engaged in lawful sex work. 

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Rio Tinto faces class action probe for alleged harassment, discrimination at mine sites
Class Actions 2024-05-29 12:05 am By Christine Caulfield

Mining giant Rio Tinto faces a potential class action over allegations of sex discrimination and sexual harassment at mine sites in Australia, following a report that made “disturbing” findings about the company’s workplace culture.

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Honda’s abandonment of dealership model not unconscionable, judge finds
Competition & Consumer Protection 2024-05-29 11:17 pm By Sam Matthews

A Melbourne car dealer has largely lost a consumer law case against Honda Australia over its decision to abandon a dealership model, but is set to receive compensation for over 2,600 new vehicles it could have sold if Honda hadn’t ended its five-year contract early.

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Big Four consultants should be ‘last resort’ for NSW government work, report says
Policy and Regulation 2024-05-29 11:41 pm By Sam Matthews

A new report has blasted the NSW government’s reliance on the Big Four consulting firms, saying it has led to a “downward spiral” of the public sector, and urged the state to never use their services for “core” government work and only as a “last resort” for other matters.

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Law firm loses challenge to Glaxo’s term extension for COPD patent
Intellectual Property 2024-05-29 10:05 pm By Cindy Cameronne

Drug giant Glaxo has succeeded in extending the term for a patent for a drug that treats chronic obstructive pulmonary disease and asthma, with a delegate rejecting arguments from law firm Banki Haddock Fiora that the application was incorrectly based on a patent that was no longer valid because of amendments.

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ANZ shareholder drops case over climate change risk management
Energy & Natural Resources 2024-05-29 11:03 pm By Christine Caulfield

A shareholder has dropped her case against ANZ over concerns it was failing to properly manage climate change risk, after the bank publicly committed to treating it as a key risk, later revealing it would stop providing project finance to new or expanded oil and gas projects.

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Don’t ask AI questions you don’t already know the answers to, law firm says
AI 2024-05-28 11:26 pm By Cat Fredenburgh

Lawyers are in no immediate danger of losing their jobs to AI, according to a leading law firm, which has found that asking large language models legal questions you don’t already know the answers to is risky business.

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Noumi, ASIC fight ruling that privilege over PwC report waived during probe
Appeals 2024-05-28 11:27 pm By Cat Fredenburgh

Noumi and ASIC are challenging a finding that the food manufacturer waived legal professional privilege over a PricewaterhouseCoopers report commissioned by its lawyers at Ashurst by disclosing the report during an ASIC investigation.

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Continuous disclosure case law may apply in Forge insider trading case, judge says
White Collar 2024-05-28 11:42 pm By Sam Matthews

A judge has left open the question of whether a line of authority relating to the materiality of information under the continuous disclosure regime could be relevant to a stoush between collapsed engineering firm Forge Group and Clough Group, saying the decisions may apply to cases alleging breaches of the insider trading provisions of the Corporations Act.

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X could have done more to shield users, including kids, from stabbing videos, court told
Social Media 2024-05-28 11:33 pm By Sam Matthews

The e-Safety Commissioner has expanded its case seeking to have X Corp remove posts that depict a stabbing of a bishop at a Sydney church, arguing X could have done more to prevent Australian users, including children and VPN users, from viewing the videos.

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