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ASIC sues Hollard Insurance over 3-year delay in resolving claim
Insurance 2025-04-11 11:10 pm By Julia Kanapathippillai

The corporate regulator has taken Holland Insurance to court, alleging it breached its duty of utmost good faith by taking over three years to resolve an insurance claim.

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Lawyer sacked for allegedly chucking a sickie not unfairly dismissed: FWC
Employment 2025-04-11 11:17 pm By Julia Kanapathippillai

A lawyer who was fired for allegedly chucking a sickie to watch the AFL Gather Round games in Adelaide was not unfairly dismissed, the Fair Work Commission has found.

ACCC enforcement head Liza Carver leaves competition cop, to return to HSF
ACCC 2025-04-10 11:22 pm By Christine Caulfield

ACCC commissioner Liza Carver is leaving the regulator just three years into a five-year tenure, at a time of a noticeable drop in enforcement by the competition cop under Gina Cass-Gottlieb.

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Qube wins clearance from competition cop to buy MIRRAT with conditions
Competition & Consumer Protection 2025-04-10 3:27 pm By Sam Matthews

Port logistics giant Qube has won the ACCC’s blessing to buy port operations provider MIRRAT under the condition that it agree to not discriminate against downstream competitors at the Port of Melbourne.

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ACCC won’t oppose Woolworths gobbling up ready meals supplier
Competition & Consumer Protection 2025-04-09 11:42 pm By Cat Fredenburgh

The competition regulator has signed off on Woolworths’ acquisition of chilled ready meals supplier Beak & Johnston, finding rival retailers would still have plenty of options for supplying ready meals.

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Debt management firm to face trial after negotiations with ASIC ‘derail’
Financial Services 2025-04-08 2:34 pm By Julia Kanapathippillai

Debt management firm Solve My Debt Now will face trial over claims by the Australian Securities and Investments Commission that it left vulnerable customers worse off, despite indicating last year it would admit liability.

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Regulator hikes up ANZ capital requirements to $1B amid risk concerns
Financial Services 2025-04-03 12:09 pm By Sam Matthews

APRA has increased ANZ’s capital add-on requirement by $250 million to account for operational risks, after a report highlighted “persistent and prevalent” problems at the bank. 

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ACCC loses High Court appeal in CFMEU boycott case
High Court 2025-04-02 11:57 am By Sam Matthews

In a loss for the ACCC, the High Court has found builder J Hutchinson did not arrive at an anti-competitive understanding with the CFMEU merely by yielding to a threat of industrial action.

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Court tosses Clive Palmer’s suits against ex-ASIC chair James Shipton
ASIC 2025-03-31 12:48 pm By Julia Kanapathippillai

A judge has thrown out Clive Palmer’s lawsuits against former Australian Securities and Investments Commission chair James Shipton after finding the claims had no reasonable prospects of success.

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ASIC, Reserve Bank have ‘deep concerns’ about ASX after CHESS outage
Securities 2025-03-31 11:24 pm By Christine Caulfield

ASX’s management of operational risk that led to December’s CHESS settlement outage has the corporate regulator and the Reserve Bank “increasingly concerned” and “deeply disappointed”.

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