A Federal Court judge in Melbourne has slapped Australia and New Zealand Banking Group with a $5 million fine for failing to properly vet customers’ financial backgrounds when providing car loans.
A new bill that will crack down on predatory credit card lending practices sailed through Parliament on Thursday, the first reforms to pass in the wake of a Senate inquiry into the credit card market.
The Australian Patent Office wants the Federal Court to uphold its decision refusing an application by marketing technology start-up Rokt for a patent covering its online advertising system, offering fresh justification.
The Royal Bank of Scotland has reached a settlement in a consumer protection class action on the eve of trial in the Federal Court.
Australian consumers will soon be able to lodge grievances with a new body for resolving complaints with financial institutions.
In the first criminal prosecution of its kind against an Australian corporation, prosecutors on Thursday charged a Victorian health care company and its managing director over an alleged wheelchair cartel.
Courts can stop union officials from seeking union cover to avoid paying court-issued fines for breaking the Fair Work Act, the High Court said Wednesday.
Wholesale satellite broadband provider Ipstar Australia has lost a bid to overturn a $7 million judgment against it for allegedly providing defective equipment and engaging in unconscionable conduct in violation of consumer law.
The Construction, Forestry, Mining, and Energy Union has been hit with a record $1 million fine for secondary boycotts at construction sites around Melbourne, a big win for Australia’s consumer regulator in its five-year legal battle with the union.
A Federal Court judge may rule as early as Friday on whether Volkswagen should be required to answer questions about alleged emissions defeat device software installed in more than 90,000 cars in Australia before the first trial kicks off next month.