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MyBudget skimmed interest off hard-up customers, court hears
Class Actions 2018-05-03 10:40 pm By Miklos Bolza

MyBudget has exploited tens of thousands of customers already in financial difficulty and owes them interest on money they entrusted to the debt management company, the federal Court heard at the end of a two-day class action hearing Thursday. 

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Air New Zealand to face the music in cartel case
Competition & Consumer Protection 2018-05-03 9:42 pm By Miklos Bolza

The long awaited second phase in the Australian Competition and Consumer Commission’s cartel proceedings against Air New Zealand has been set down for June 27, one year after the High Court ruled the airline had breached Australia’s competition law.

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HP to pay up for blocking third-party ink cartridges
Competition & Consumer Protection 2018-05-03 5:43 pm By Cat Fredenburgh

HP has agreed to refund customers in Australia after admitting it used secret software to block third-party ink cartridges from working on certain HP printers.

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J&J hits back at expanded pelvic mesh class
Class Actions 2018-05-03 5:06 pm By Cat Fredenburgh

Johnson & Johnson has struck back at an amended statement of claim filed in a class action over allegedly defective pelvic mesh, saying that lead applicants’ claims do not meet the bar to proceed as a class action.

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ACCC seeks more info on Pacific National, Aurizon merger
Competition & Consumer Protection 2018-05-03 3:06 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission is seeking more information from Pacific National and Aurizon on their proposed merger, after the regulator’s preliminary review found the deal raises significant competition concerns.

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Commonwealth Bank admits data breach of 20 million accounts
Privacy & Cybersecurity 2018-05-03 2:30 pm By Christine Caulfield

Commonwealth Bank of Australia has admitted a breach of data affecting nearly 20 million accounts, but said Thursday there was no evidence that customers’ details were stolen.

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Pharma regulator seeks input on ad complaints
Healthcare 2018-05-02 11:43 pm By Cat Fredenburgh

The Therapeutic Goods Administration is seeking feedback on its proposed process for handling advertising complaints when stricter new advertising rules for therapeutic products take effect later this year. 

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Patents for ubiquitous fruit containers are valid, judge rules
Intellectual Property 2018-05-02 11:16 pm By Christine Caulfield

A company that owns two innovation patents covering the ubiquitous produce containers in Australian grocery stores has successfully defended the validity of the inventions against claims they were neither inventive nor new.

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Financial complaints board takes shape
Competition & Consumer Protection 2018-05-02 4:36 pm By Cat Fredenburgh

The Australian Financial Complaints Authority is gearing up for a launch later this year, with four new board members announced this week.

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Heinz appeals ruling over sugary kids snacks
Competition & Consumer Protection 2018-05-02 2:28 pm By Cat Fredenburgh

H.J. Heinz Company Australia Ltd has filed an appeal after a Federal Court found it made misleading claims about the health benefits of its Little Kids Shredz products.

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