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Court slaps Smile Direct Club with $3.5M penalty for misleading insurance claims
Competition & Consumer Protection 2022-11-11 6:12 am By Cat Fredenburgh

A judge has ordered Smile Direct Club and its Australian unit to pay a $3.5 million penalty and reimburse customers for misleading them into believing they would be reimbursed by their insurers for the dental care company’s costly teeth straighteners.

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High Court won’t hear Gatto bid to revive defamation case against ABC
Defamation 2022-11-11 7:23 am By Cat Fredenburgh

The High Court has rejected a special leave application by underworld figure Mick Gatto seeking to revive defamation claims against the ABC over an article which he said accused him of threatening to kill gangland lawyer Nicola Gobbo.

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ACCC calls for new regulatory regime for digital platforms
Competition & Consumer Protection 2022-11-11 4:04 pm By Sam Matthews

The Australian Competition and Consumer Commission has called for a suite of new laws to curb “widespread, entrenched, and systemic” consumer and competition issues on digital platforms.

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Court urged to impose $15M penalty against Telstra over NBN speed claims
Competition & Consumer Protection 2022-11-10 4:44 pm By Sam Matthews

Telstra has agreed to pay a $15 million penalty for misleading thousands of NBN customers about internet plan speeds, a sum which will bring the telco’s bill for consumer law violations since 2018 up to $75 million, if approved.

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Optus agrees to $13.5M penalty for misleading NBN customers
Competition & Consumer Protection 2022-11-10 1:39 pm By Sam Matthews

Optus has agreed to pay a $13.5 million penalty for misleading thousands of NBN customers into paying for internet plan speeds that could not be achieved, the telco’s third penalty in four years over misleading representations made in relation to its NBN services.

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Law firm’s advice to be handed to ex-Quintis director in defamation case
Agriculture 2022-11-10 10:21 pm By Christine Caulfield

A former director of sandalwood producer Quintis, who is suing the company’s top brass over statements made to the corporate regulator, has won unrestricted access to legal advice the executives sought to keep a lid on.

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Estate of iconic restaurateur Giovanna Toppi loses battle with landlord over $1.1M loan
Estates 2022-11-10 4:06 pm By Cindy Cameronne

A judge has ordered the estate of Giovanna Toppi to pay money owing to a landlord under a $1.1 million loan after refusing to find the iconic Sydney restaurateur was the victim of wrongdoing by her daughter, Paola.

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Federal anti-corruption commission wins unanimous approval
Public Corruption 2022-11-10 6:39 pm By Cindy Cameronne

Highly anticipated legislation creating a federal anti-corruption commission has received unanimous support and could pass by the end of the year, but a fight may be on the horizon over the commission’s power to conduct public hearings.

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Nuix drags PwC into shareholder class action over $1.8B IPO
Corporate 2022-11-09 11:41 pm By Christine Caulfield

Nuix has pointed the finger at its accountant PricewaterhouseCoopers in the software company’s defence to a class action over a prospectus for its $1.8 billion IPO two years ago.

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CBA says disclosing money laundering failures would have misled the market
Trials 2022-11-09 9:16 pm By Cindy Cameronne

The Commonwealth Bank of Australia has argued that disclosing its money laundering failures before AUSTRAC brought proceedings would have misled the market, as the bank takes the rare move of defending a shareholder class action at trial.

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