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‘Bad luck’: Judge denies penniless Captain Cook College’s appeal delay bid
Competition & Consumer Protection 2022-04-05 8:59 pm By Sam Matthews

A judge has rejected an application by training provider Captain Cook College to postpone the hearing of its appeal in a case won by the ACCC, saying the company’s inability to fund the appeal was “largely a problem of [its] own making.”

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ACCC drops investigation into Qantas’ Alliance stake
Competition & Consumer Protection 2022-04-05 6:22 pm By Miklos Bolza

The ACCC has ended its three-year investigation into Qantas Airways’ 19.9 per cent stake in ‘fly in fly out’ airline Alliance Aviation without enforcement action.

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ASIC slaps wealth guru with four-year financial services ban
Financial Services 2022-04-05 2:24 pm By Sam Matthews

Lawyer and wealth guru Dominique Grubisa has been banned from providing financial services and engaging in credit activity for four years, after ASIC found she embellished her qualifications and encouraged students to improperly use Family Court listings to identify investment opportunities. 

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ASIC did not threaten security firm with alleged links to bikie gang, court finds
ASIC 2022-04-04 4:42 pm By Miklos Bolza

ASIC did not issue threats to a Sydney security company that was being investigated for links to outlaw bike gangs and defrauding the Commonwealth, according to a judge who found the corporate regulator legally terminated its contracts with the company.

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Westpac agrees to pay $1.5M to settle ASIC case over unsolicited insurance
Financial Services 2022-04-04 1:51 pm By Cat Fredenburgh

Westpac has agreed to pay $1.5 million to settle proceedings brought by ASIC for misleading 141 customers into believing they had purchased add-on insurance.

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Ex-Herbert Smith Freehills lawyer disqualified from feud with former Tennis Australia boss, ASIC says
ASIC 2022-04-01 7:02 pm By Christine Caulfield

A Federal Court registrar overseeing a costs dispute between ASIC and former Tennis Australia president Steven Healy worked in the practice group where the costs were accrued and should recuse herself, the regulator has said.

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ACCC flags competition concerns over $1.2B Port of Geelong acquisition
Competition & Consumer Protection 2022-03-31 1:54 pm By Cat Fredenburgh

The ACCC has expressed preliminary concerns that Spirit Super and Palisade Investment Partners’ proposed $1.2 billion acquisition of the Port of Geelong could substantially lessen competition in Victoria for the supply of bulk cargo port services.

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Biotechs Gen-Probe, Beckman Coulter settle spat over ‘Access’ trade marks
Intellectual Property 2022-03-30 10:01 pm By Miklos Bolza

The Federal Court has signed off on a settlement between two US biotech companies that ends a dispute over the companies’ ‘Access’ trade marks in Australia.

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Qantas unfairly fired safety instructor who stared at employee’s chest, FWC finds
Employment 2022-03-29 12:46 pm By Miklos Bolza

A Qantas safety instructor who was fired for allegedly staring at a female employee’s chest during a training session will get his job back after the Fair Work Commission found the dismissal was unfair because it was based on unsubstantiated allegations.

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Griffin Coal charged with breaches of financial reporting, company officer obligations
Energy & Natural Resources 2022-03-28 5:37 pm By Sam Matthews

Embattled mining company Griffin Coal is facing criminal prosecution following a referral from the Australian Securities and Investments Commission over alleged failures to meet financial reporting and officeholder requirements.

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