Kitchen appliance company Thermomix has been hit with a $4.6 million penalty for failing to warn customers of the risk of serious burns associated with its high-end mixer.
Federal Court Justice Michael Lee has again weighed in on the use of cost consultants to assess legal fees in class actions, saying that they should be “consigned to the dustbin of procedural history.”
The Australian consumer regulator has questioned the long-term commercial viability of the NBN, saying consumers may lose their appetite for increased broadband speeds when the network’s prices go up.
The Privacy Commissioner on Thursday opened an investigation of Facebook on the heels of confirmation by the social media giant that the data of over 300,000 Australian users may have been improperly harvested.
The head of the Australian Competition and Consumer Commission said Thursday that when it comes to mortgage prices, the behaviour of Australia’s big four banks looks more like synchronised swimming than vigorous competition.
Japan-based global shipper K-Line has pled guilty to its role in a criminal cartel, the second company to admit guilt in Australia in the case.
The Australian Competition and Consumer Commission gave the go-ahead Wednesday to the $1.3 billion merger of dairy giant Saputo with Australian milk co-op Murray Goulburn, after Saputo agreed to divest the Koroit dairy plant in Victoria.
Flight Centre has been ordered to pay $12.5 million in penalties for making multiple attempts to enter into price-fixing arrangements with three international airlines.
Qantas has settled a lawsuit by a passenger who claims he suffered back and neck injuries after sitting in a faulty seat on a long-haul flight from Sydney to Los Angeles.
Slater and Gordon is mulling a class action on behalf of women who suffered complications after receiving a pelvic mesh implant, in the wake of a damning parliamentary report on the controversial devices.