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AI pathology invention just administrative tool, not patentable: IP Australia
Intellectual Property 2024-11-21 11:03 pm By Sam Matthews

AI tech company Paige can’t patent a tool to provide quality control for analysis of pathology images, with IP Australia finding the invention is merely an ā€œadministrative schemeā€ to automate the role of human pathologists.Ā 

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Wealth guru Dominique Grubisa pleads ignorance in appeal of $6M penalty
Competition & Consumer Protection 2024-11-20 11:25 pm By Andy Sidler

On appeal of a $6 million judgment for misleading statements, Dominique Grubisa and her wealth education company DG Institute have argued her advice was based on faulty knowledge, not ill intentions.Ā 

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Former Tabcorp CEO was forced to resign, FWC finds
Employment 2024-11-20 11:43 pm By Julia Kanapathippillai

A Fair Work Commission decision has cleared the way for former Tabcorp CEO Adam Rytenskild to pursue an unfair dismissal claim against the betting giant.

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CBA slams class actions’ ‘misguided’ theory on appeal
Class Actions 2024-11-19 11:03 pm By Sam Matthews

CBA has attacked two failed class actions’ “misguided” appeal, arguing that requiring companies to disclose incomplete information to shareholders would distort the market.

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Judgment in CBA class actions could affect insider trading cases, Full Court told
Class Actions 2024-11-19 11:42 pm By Sam Matthews

The Full Court has heard that a judge’s finding on materiality in two failed shareholder class actions against CBA could haveĀ ā€œtroublingā€ repercussions for insider trading cases and must be overturned.

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Bunnings’ facial recognition tech found to have breached privacy laws
Privacy & Cybersecurity 2024-11-19 4:10 pm By Julia Kanapathippillai

Bunnings has been found to have breached privacy laws with the use of facial recognition technology in its stores, but the hardware chain has vowed to seek a review of the decision.

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HESTA to pay members stung by ‘unfair’ COVID-19 revaluations
Superannuation 2024-11-19 11:53 pm By Julia Kanapathippillai

The trustees of super fund HESTA have agreed to make payments to two groups of members impacted by valuation decisions made at the start of the COVID-19 pandemic.

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CBA class action judge used ‘far too onerous’ test, appeals court told
Class Actions 2024-11-18 11:38 pm By Cindy Cameronne

Two failed class actions against CBA claim a judge used a ā€œfar too onerous testā€ for materiality in deciding whether the bank should have told the market about deficiencies in its anti-money laundering systems.Ā 

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ASIC takes NAB to court over customer hardship claims
Financial Services 2024-11-18 12:51 pm By Julia Kanapathippillai

The corporate watchdog is suing the second Big Four bank in two months, alleging NAB mishandled hundreds of hardship applications from vulnerable customers.

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ASX denies misleading investors about CHESS replacement project
Securities 2024-11-15 11:32 pm By Cat Fredenburgh

The ASX has denied ASIC’s claims that it misled about the progress of the replacement project for its CHESS share registry, saying it had a reasonable basis for stating the project was on track.

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