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Optus hit with $6.4M fine for misleading NBN email
A Federal Court judge has slapped Optus with a $6.4 million penalty for sending a misleading email to 138,988 mobile customers informing them their broadband service would be disconnected soon, just two days after the telecommunications giant copped a $1.5 million penalty for similar conduct.
Competition watchdog keeps up fight for lower access fees at Port of Newcastle
The ACCC has taken its long-running battle over access fees at the Port of Newcastle to the Federal Court, challenging a re-arbitration decision that overturned its finding that the fees should be cut by 20 per cent.
Maurice Blackburn ignored Fearless Girl artist’s restrictions on replica, State Street says
Maurice Blackburn disregarded emails by the artist behind the iconic Fearless Girl statue questioning whether she would be breaching her contract with US asset management firm State Street in selling the law firm a replica, a court has heard.
‘Orwellian doublespeak’: Judge lashes Dover Financial’s client protection policy
The Australian Securities and Investments Commission has won its case against defunct financial advisor Dover Financial and its former director, who famously collapsed during the banking royal commission, with a judge saying the company engaged in misleading and deceptive conduct through its inaptly titled ‘client protection policy’.
‘The well has run dry’: Judge shoots down class action bid for internal Ford reports
The judge overseeing a class action against car maker Ford over its allegedly defective PowerShift transmission has shot down the applicant's request for additional discovery, saying that after multiple delays in the case "the well has run dry".
Qube slaps Port of Newcastle with misuse of market power suit
Qube has filed a misuse of market power case against the operator of the Port of Newcastle for allegedly forcing the logistics giant to pay for equipment it needs to provide dry bulk unloading services at the port.
Google’s Fitbit buy creates ‘uncertain world’ for consumers, ACCC says
Google's promise to shield users' health data after its planned $3 billion acquisition of fitness tech company Fitbit should be taken with a grain of salt, ACCC chairman Rod Sims said Tuesday.
NAB manager sentenced over home loan fraud
A former National Australia Bank branch manager has been sentenced to a year of home detention for engaging in fraud in relation to the bank's scandal-ridden Introducer home loan program.
Garmin settles misuse of market power case by largest Australian supplier
Garmin has reached a settlement in a competition case brought by its former exclusive Australian distributor alleging the GPS technology giant misused its market power after the supplier refused to give up its five best customers.
NAB admits to violating Credit Act with ‘Introducer’ program
The National Australia Bank has admitted to most of the violations alleged in the Australian Securities and Investments Commission's case over the bank's $24 billion scandal-ridden 'Introducer' loan referral program.