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New law would crack down on misleading broadband claims
Competition & Consumer Protection 2018-02-27 10:35 am By Cat Fredenburgh

A bill introduced this week seeks to crack down on misleading ads by broadband providers, a practice that recently landed broadband providers Telstra and Optus in hot water with Australia’s consumer regulator.

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TWU appeals fine for leaving lapsed members on books
Employment 2018-02-27 9:19 am By Cat Fredenburgh

The Transport Worker’s Union of Australia is challenging a $270,000 fine in a case brought by the union monitor alleging it kept almost 21,000 lapsed members on its register and failed to keep copies of records.

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Bank of Queensland settles class action over Sherwin scam
Securities 2018-02-27 9:13 am By Christine Caulfield

The Bank of Queensland has reached a settlement close to trial in a class action brought by investors in a multi-million dollar Ponzi scheme masterminded by jailed scammer Bradley Sherwin.  

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Judge slams CFMEU’s ‘deplorable record’ of law breaking
Employment 2018-02-26 8:03 pm By Christine Caulfield

The CFMEU has a “deplorable record” of breaking industrial legislation, a Federal Court judge said Monday as it slapped the union and a Victorian delegate with a $105,000 fine for enforcing a closed union construction site in Melbourne.

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IP Australia grounds coffee pod patent
Intellectual Property 2018-02-26 2:50 pm By Cat Fredenburgh

Australian company Vittoria Food & Beverage has won its challenge to a patent application for a coffee pod system filed by a unit of global food giant Mondelez International.

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High Court to decide if pensions count as lost earnings
Product Liability 2018-02-26 2:47 pm By Cat Fredenburgh

The High Court of Australia will tackle the question of whether injured plaintiffs in tort cases are entitled to damages for the future loss of superannuation and the age pension.

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Australian litigation funder values caseload at $4.7B
Class Actions 2018-02-26 2:38 pm By Cat Fredenburgh

It might be in the glare of a government inquiry, but business is booming for Australian litigation backer IMF Bentham, which values its current caseload at $4.7 billion.

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ASIC bans life insurance adviser for 5 years
Financial Services 2018-02-23 8:54 pm By Cat Fredenburgh

The Australian Securities and Investments Commission has banned a financial adviser for five years for failing to act in his clients’ best interests, the second action taken by the corporate regulator through a project that uses data to target bad life insurance advisers.

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Unions can’t ground review of airport workers’ split shifts
Employment 2018-02-23 8:53 pm By Christine Caulfield

In a win for aviation services company Aerocare, a court on Friday ruled the company’s bid for review of its controversial split-shift rosters was not an abuse of process as two unions had argued.

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Westpac faces new claim in life insurance class action
Class Actions 2018-02-23 8:39 pm By Cat Fredenburgh

Westpac was responsible for the conduct of its in-house financial planner, who allegedly overcharged the bank’s own customers with excess premiums on life insurance, class action lawyers have told a court.

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