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ABCC loses appeal over CFMEU blockade at Canberra site
Employment 2018-06-01 11:37 pm By Miklos Bolza

The Australian Building and Construction Commissioner has lost its challenge to a Federal Court decision dismissing allegations that theĀ Construction, Forestry, Mining and Energy UnionĀ engaged in unlawful industrial action in Canberra in 2014.

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FWC raises minimum wage by 3.5%
Employment 2018-06-01 11:27 pm By Miklos Bolza

The Fair Work Commission has announced adjustments to both the national minimum wage and modern award minimum wages, in a move it says strikes a balance between improving conditions for low income earners and promoting job supply.

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Wyeth faces trial over generic Effexor delay
Intellectual Property 2018-06-01 11:21 pm By Miklos Bolza

A decade-long courtroom battle over a patent for Effexor-XR that delayed the release of cheap versions of the anti-depressant is at the centre of a trial starting Monday in Sydney pitting four generic drug makers against pharmaceutical giant Wyeth.

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ACCC rejected $3M settlement offer from CFMEU in secondary boycott case
Competition & Consumer Protection 2018-06-01 11:06 pm By Cat Fredenburgh

The ACCC rejected a $3 million settlement offer in a high-profile case against the Construction, Forestry, Mining, and Energy Union over secondary boycotts, instead taking its chances in a trial that ultimately resulted in a penalty of just $1 million, according to a judgment published Friday.

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Unlockd and loaded: A startup takes on Google
Analysis 2018-06-01 10:21 pm By Christine Caulfield

Unlockdā€™s case against Google is the first action in Australia to test a revamped law prohibiting misuse of market power, and one of the first private cases in the world to challenge Google’s dominance in court. For both sides, the stakes couldn’t be higher.

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Abalone boss jailed for 3.5 years for misleading board, investors
White Collar 2018-06-01 5:32 pm By Cat Fredenburgh

The former chief executive of Australian Bight Abalone has been sentenced to three-and-a-half years in jail for making misleading statements to board members and potential investors about the company’s abalone farming operation.

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Optus wants damages for lost biz after Telstra ‘Unlimited’ ads
Telecommunications 2018-06-01 3:50 pm By Miklos Bolza

Telecommunications company Optus asked a judge Friday to award damages for customers it lost as a result of Telstra’s “Unlimited” ad campaign, which the Federal Court ruled last week was misleading and deceptive.

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Aldi, TWU agree to talks in suit over driver safety claims
Employment 2018-06-01 3:26 pm By Cat Fredenburgh

Supermarket chain Aldi and the Transport Workers Union will sit down for talks in a bid to resolve a lawsuit brought by Aldi accusing the union of misleading conduct through press releases and other statements that claimed the company risked driver safety.

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Fitbit settles with ACCC for misleading consumers
Competition & Consumer Protection 2018-06-01 2:32 pm By Cat Fredenburgh

Fitbit has agreed to settle with the ACCC after misleading customers about their guarantee rights under the Australian Consumer Law,Ā another win for the regulator as its fights a recent court ruling over the extent of companiesā€™ obligations to disclose remedies available under the law.

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ANZ, Deutsche Bank, Citigroup face criminal cartel charges
White Collar 2018-06-01 9:57 am By Christine Caulfield

ANZ, Deustche Bank and Citigroup will be hit with criminal charges over an alleged cartel involving the institutional equity placement of ANZ shares that raised $2.5 billion in capital.

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