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Competition cop confirms REA Group investigation
Competition & Consumer Protection 2025-05-29 11:49 pm By Christine Caulfield

The competition watchdog confirmed Thursday it was investigating real estate listings company REA Group.

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ACCC has concerns about $475M merger of rural retailers Elders, Delta
Competition & Consumer Protection 2025-05-29 11:08 pm By Julia Kanapathippillai

The ACCC has raised concerns about the proposed acquisition by ASX-listed Elders of Delta Agribusiness, saying it could reduce competition in agriculture products.

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Thermomix cops $80,000 penalty for NDIS claims
Competition & Consumer Protection 2025-05-29 11:27 pm By Christine Caulfield

Thermomix has paid $79,200 in penalties after being served with four infringement notices over ads claiming two appliances got the National Disability and Insurance Scheme tick.

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Court joins Harvey Norman class actions, appoints costs monitor
Class Actions 2025-05-28 11:00 pm By Cindy Cameronne

A judge has approved a bid by two law firms to join forces in class actions against Harvey Norman, but has ordered that a costs monitor be appointed to protect against duplication.

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TerraCom dragged into suit over alleged false coal certificates
Competition & Consumer Protection 2025-05-28 11:44 pm By Cindy Cameronne

Coal producer TerraCom has been joined to a lawsuit brought by Korean Midland Power against a unit testing lab ALS Limited over allegedly exaggerated coal testing results. 

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IG Markets class action drops conflicted remuneration claims
Class Actions 2025-05-28 11:06 pm By Cat Fredenburgh

A class action against online trading platform IG Markets over alleged risky contracts for difference has dropped its conflicted remuneration claims after the court heard it was struggling to find a sample group member. 

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Class action says AMP did ‘nothing’ for 12 years to get better rate for super clients
Class Actions 2025-05-27 11:25 pm By Andy Sidler

On the first day of a seven-week class action trial, a judge has heard that AMP Superannuation failed to renegotiate interest rates with AMP Bank for up to 12 years, despite investing as much as $2 billion in customers’ superannuation with the bank.

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Judge tosses financial advice class action against ex-CBA unit
Class Actions 2025-05-27 11:49 pm By Cindy Cameronne

A judge has dismissed a class action against ex-CBA unit Count Financial alleging that it breached it duty to act in clients’ best interests and ensure adviser remuneration was free of conflict. 

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REA Group faces investigation by competition regulator
Competition & Consumer Protection 2025-05-27 11:46 pm By Christine Caulfield

Real estate listings giant REA Group on Tuesday confirmed media reports of an investigation by the Australian Competition and Consumer Commission.

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Captain Cook hit with $30M in penalties for systemic unconscionable conduct
Competition & Consumer Protection 2025-05-27 11:21 pm By Julia Kanapathippillai

Defunct education provider Captain Cook College and its parent company have been penalised over $30 million for enrolling thousands of vulnerable students who accrued $60 million in debt.

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