Regulators

A Senate inquiry into Triple Zero service outages has recommended stripping Telstra of its emergency call person function and launching a review into the Australian Communications and Media Authority.

Coles says it should be allowed to file further expert evidence in its stoush with the ACCC over plans to build a supermarket in Kalgoorlie, WA, claiming the regulator failed to give it notice about its "novel" theory of harm.

The corporate cop is calling for a $10.5 million penalty against Sunshine Loans in its unauthorised fees case, saying the payday lender's approach to the enforcement action was an example of "scorched earth" litigation.

Super trustee Netwealth is facing the threat of another class action by investors in Falcon Capital's collapsed First Guardian Master Fund. 

Enforcement action by the corporate cop alleges former Super Retail Group CEO and managing director Anthony Heraghty breached his directors’ duties and provided misleading information to the board and the market.

Online retailer digiDirect has been hit with $99,000 in penalties after the ACCC accused if making misleading strikethrough price claims on its website.

Ingenia Communities has rejected a revised $2 billion unsolicited takeover offer from private equity firm Warburg Pincus, which would require it to abandon its acquisition of land developer Peet.

The corporate regulator has taken a financial products comparison site to court, alleging it misled consumers by representing that it compared options from multiple providers when in reality, consumer enquiries were sold to the highest bidder.

The Australian Energy Regulator has brought a High Court challenge to orders that it return a $25 million penalty paid by power company AGL for overcharging hundreds of customers receiving Centrelink payments.

A judge has granted interim freezing orders against Star Investment Group Australia and its director after finding reasonable grounds to suspect it misled investors while promoting a development scheme in regional Victoria.