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Judge ‘confused’ by ACCC’s rejection of $1.8B Telstra, TPG mobile network deal
The ACCC's rejection of a regional network arrangement between Telstra and TPG was "confusing" and the telecos might be free to vary the transaction, says a judge who is overseeing a challenge to the competition regulator's decision.
ACCC takes aim at social media influencers
The Australian Competition and Consumer Commission has begun a sweep of social media sweep over concerns about “manipulative marketing techniques” employed by influencers.
Financial planner pleads guilty to dishonesty on eve of criminal trial
Melbourne stockbroker Bradley Grimm has pleaded guilty to charges of dishonesty following an investigation alleging Grimm -- whose wife is a former ASIC employee -- fleeced funds from clients.
Sleeping Virgin flight attendant’s dismissal not unfair, FWC finds
A full bench of the Fair Work Commission has overturned a ruling that a Virgin Australia flight attendant was unfairly sacked, finding she breached the airline’s policies by sleeping on the job and stashing snacks in her crew bag.
Companies hit with $150,000 penalty for failing to cooperate with AFCA
Two home finance companies and their father-son directors have been hit with $150,000 in penalties after a judge found they failed to cooperate with the Australian Financial Complaints Authority in an ASIC enforcement action and subjected AFCA staff to “inappropriate and unprofessional behaviour.”
FWO accuses Super Retail Group of underpaying employees $1.14M
The Fair Work Ombudsman has filed court proceedings against the owner of Super Cheap Auto, Rebel Sport, Macpac, BCF and Ray’s Outdoors for allegedly underpaying thousands of employees across Australia.
ACCC considers sell-off in Sika’s bid to absorb MBCC
The Australian Competition and Consumer Commission is weighing up undertakings proposed by Swiss construction chemical company Sika AG to alleviate concerns that its planned acquisition of Germany-based MBCC Group would be anticompetitive.
‘Blindsided’: DP World failed to consult workers on COVID jab mandate, says FWC
The fate of 25 unfair dismissal claims by former DP World employees hangs in the balance after the Fair Work Commission ruled that the stevedoring company failed to consult its workers about its COVID-19 vaccination policy.
Midway Limited hit with $33,000 fine for alleged continuous disclosure breach
Wood-fibre processor and exporter Midway Limited has been hit with a $33,000 penalty after the Australian Securities and Investments Commission alleged it failed to disclose a revenue downturn to shareholders.
Departing ASIC commissioner to head Vanguard’s in-house legal team
ASIC commissioner Sean Hughes will step down next month after taking a role with investment manager Vanguard – which paid a $40,000 fine to the corporate watchdog just last month.