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Judge wants to hear AUSTRAC class actions against CBA before he retires, literally
Class Actions 2021-08-06 11:17 pm By Cindy Cameronne

The judge overseeing class actions against Commonwealth Bank over its money laundering compliance failures has threatened to force the parties to go to trial by a certain date if they can’t agree to “sensible” time limits to ready the case for hearing, noting he would reach retirement age in 2024.

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OAIC launches investigation into Optus data breach
Privacy & Cybersecurity 2021-08-06 11:04 pm By Cat Fredenburgh

The Office of the Australian Information Commissioner is investigating whether Optus breached privacy law after the telco wrongly published customersā€™ personal details in the White Pages in 2019.

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COVID-19 delays judgment in ACCC’s long-running case against private college Phoenix
Competition & Consumer Protection 2021-08-06 3:37 pm By Miklos Bolza

Sydney’s ongoing COVID-19 lockdown has created “logistical” difficulties delaying the release of a long awaited judgment in the ACCC’s consumer law case against collapsed private college Phoenix Institute, which was accused of misleading students through the marketing of its courses.

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Banks fork over $1.86B to repay customers for bad behaviour
Financial Services 2021-08-05 10:05 pm By Sam Matthews

Six of Australia’s biggest financial services firms have paid or offered to pay a total of $1.86 billion to customers who were wrongly charged fees for no service or were given bad advice.

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SPC’s controversial vaccine mandate may face legal challenges
COVID-19 2021-08-05 9:59 pm By Bianca Hrovat

A controversial announcement by Victorian-based fruit and vegetable processor SPC that it will mandate COVID-19 vaccines for all of its 450 onsite workers could face legal challenges on several grounds.

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Manuka honey group in NZ loses fight against ‘Australian Manuka’ trade mark
Intellectual Property 2021-08-05 12:26 pm By Miklos Bolza

A New Zealand-based association representing manuka honey beekeepers has lost its opposition to an application for the ‘Australian Manuka’ trade mark by a Byron Bay honey producer, with IP Australia finding the word ‘manuka’ did not specifically refer to honey made in NZ.

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Freedom Foods to call boss as witness in former GC’s unfair dismissal case
Employment 2021-08-05 11:27 am By Miklos Bolza

Food and beverage manufacturer Freedom Foods will call its CEO and ex-group chairman to the stand in a case filed by the firm’s former group general counsel, who has dropped her lawyer and is now self-represented.

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ASIC accuses WA biotech company of misleading consumers during pandemic
COVID-19 2021-08-04 9:30 pm By Bianca Hrovat

The Australian Securities and Investments Commission has filed court action against a multi-million dollar Western Australian biotech company, alleging it made several misleading representations to the market during the height of the COVID-19 pandemic.

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Mercedes-Benz accused in ACCC action of exposing drivers to risk of death during Takata recall
Competition & Consumer Protection 2021-08-04 4:37 pm By Christine Caulfield

The consumer regulator has launched court proceedings against luxury car maker Mercedes-Benz for allegedly exposing consumers to serious injury or death by failing to comply with obligations under a compulsory recall of potentially deadly Takata airbags.

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ASIC seeks $40M penalty against NAB over inadequate fee disclosures
Financial Services 2021-06-17 3:06 pm By Christine Caulfield

National Australia Bank has admitted in court it broke the law by charging fees it was not entitled to collect, but the bank and the corporate regulator are $25 million apart on what is an appropriate penalty.

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