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ASX denies misleading investors about CHESS replacement project
Securities 2024-11-15 11:32 pm By Cat Fredenburgh

The ASX has denied ASIC’s claims that it misled about the progress of the replacement project for its CHESS share registry, saying it had a reasonable basis for stating the project was on track.

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Judge worries compensation for axed Qantas ground crew ‘going off into never never’
Employment 2024-11-15 2:11 pm By Cindy Cameronne

A judge has raised concerns about delays in paying three former Qantas baggage handlers compensation after an appeals court agreed they were illegally sacked and replaced with contractors during the COVID-19 pandemic. 

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Ex-Keystone director may claim penalty privilege in receivers’ lawsuit
Restructuring & Insolvency 2024-11-15 11:54 pm By Cindy Cameronne

A former director of investment firm Keystone, who is suspected by the corporate regulator of misusing millions in investor funds, has flagged a potential bid to keep his silence in a case by court-appointed receivers. 

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Coles, Woolworths hit with class actions over discount claims
Class Actions 2024-11-14 5:39 pm By Cat Fredenburgh

Coles and Woolworths have been hit with class actions on the back of ACCC proceedings alleging the grocery giants misled consumers with false discounts.

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ASIC seeks $20M penalty against Kraken crypto exchange
Cryptocurrency 2024-11-14 11:22 pm By Andy Sidler

In the second test of the new design and distribution obligations under the Corporations Act, ASIC is seeking a $20 million penalty against the provider of the Kraken crypto exchange.

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Parties race to settle Exactech joint implant class action
Class Actions 2024-11-14 4:37 pm By Andy Sidler

The law firm running a class action against Exactech over allegedly faulty joint implants is facing the “impossible task” of settling the case by January, the “drop dead” deadline for resolving the claim under its US parent company’s restructuring.

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Judge balks at idea government could represent Robodebt class action members
Class Actions 2024-11-14 11:09 pm By Cindy Cameronne

A judge has balked at a suggestion by group members appealing a $112 million Robodebt class action settlement that the Commonwealth could represent the interests of people content with the deal.

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ASIC slams ‘false’ premise of payday lender BSF’s appeal
Financial Services 2024-11-14 11:08 pm By Cindy Cameronne

ASIC has attacked an appeal argument by payday lenders BSF Solutions and Cigno that athough they offered short-term loans, the fees they charged had no link to the credit services.

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Uber accused of refusing rides for blind passenger at Melbourne Airport
Discrimination 2024-11-14 4:15 pm By Julia Kanapathippillai

Uber and Melbourne Airport are facing a claim after a blind passenger and his seeing eye dog were allegedly refused rides.

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Telstra didn’t discriminate against Triple-0 worker with hearing loss: court
Discrimination 2024-11-14 4:51 pm By Julia Kanapathippillai

A judge has found that Telstra did not violate disability discrimination laws when it put a hard-of-hearing Triple-0 operator on leave after she failed a hearing test.

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