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Optus to get power to share customer data with banks under regulatory reform
Telecommunications 2022-10-06 11:39 pm By Cat Fredenburgh

Rules governing telecommunications companies will be amended in the wake of the Optus data breach that exposed the personal information of nearly 10 million customers.

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Jimā€™s Group cops $24,420 fine for Franchise Code breaches
Competition & Consumer Protection 2022-10-06 11:43 pm By Cindy Cameronne

Jimā€™s Group has paid a $24,420 fine after the Australian Competition and Consumer Commission accused the company of breaching the Franchise Code and misleading a franchisee.

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Jones Day snags intellectual property ace from Clayton Utz
Intellectual Property 2022-10-06 3:08 am By Cindy Cameronne

US-based multinational firm Jones Day has lured a partner from Clayton Utz to join its intellectual property team in Melbourne.

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ASIC takes Harvey Norman to court over ā€˜no deposit, interest freeā€™ ads
ASIC 2022-10-05 12:04 pm By Sam Matthews

The Australian Securities and Investments Commission has brought action against Harvey Norman over allegedly misleading ads about its interest-free finance.

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Aldi could owe $10M for failing to compensate workers for ‘pre-work’
Employment 2022-10-05 1:57 pm By Sam Matthews

The Shop, Distributive & Allied Employees’ Association has struck a blow for Aldi warehouse workers, with a judge ordering the supermarket giant to backpay its workers for unpaid pre-work duties undertaken since 2018.

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Microsoft comes up short in IP retrial after ‘regrettable’ $2.8M judgment
Intellectual Property 2022-10-05 6:30 pm By Sam Matthews

A judge has dismissed the majority of Microsoftā€™s six-year-old intellectual property suit against a Melbourne computer retailer over its Windows 7 software, which previously netted the Silicon Valley giant a $2.8 million payout from Judge Sandy Street that was slammed as a “regrettable” judicial failure.

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Facebook page admin hit with $205,000 judgment for defamatory comments
Defamation 2022-10-05 3:29 pm By Cindy Cameronne

A judge has ordered a Victoria local councillor to pay a developer $205,000 in damages after finding he was responsible for comments on a community Facebook page he ran that alleged the developer was corrupt.

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Judge throws out ASIC evidence on tweets in ASX Wolf Trader’s case
ASIC 2022-10-05 4:48 pm By Cindy Cameronne

The self-declared ā€œwolf traderā€ of the Gold Coast, Tyson Scholz, has won his bid to exclude ASICā€™s evidence about the meaning of his tweets in its case accusing him of providing unlicensed financial services.

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ANZ denies firing ex-money markets head over sexual harassment, APRA reporting complaints
Financial Services 2022-10-05 3:43 pm By Sam Matthews

The Australian and New Zealand Banking Group has hit back at allegations by its former head of money markets that he was sacked for making complaints about sexual harassment by senior managers at the bank and false reporting to the prudential regulator.

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Court appoints liquidator to litigation funder after claims of misuse of funds
Restructuring & Insolvency 2022-10-05 1:41 pm By Cindy Cameronne

Liquidators have been appointed to a litigation funder behind a funding agreement ripped up by the court last year that would have given it a hefty 85 per cent commission.

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