Regulators

The ACCC has expressed a preliminary view that any public benefits flowing from IAG's proposed acquisition of the Royal Automobile Club of Western Australia will likely be outweighed by harms to competition.

Independent supermarkets should not be insulated from the effects of competition by the ACCC, Coles has told a tribunal as it challenges the watchdog's rejection of its proposed acquisition of a Kalgoorlie supermarket site.

The corporate regulator has made interim orders barring Angas Securities from offering two managed investment schemes holding $114 million, raising concerns that it failed to disclose its exposure to collapsed developer Bathla Group.

A German food company has lost its bid to register 'Nadi' as a trade mark, with an IP Australia delegate finding the name was not capable of distinguishing the company's goods because it is also the name of Fiji's second-largest town.

Boeing has successfully opposed an application to trade mark '747 Performance & Motorsport' for racing cars and components, with a delegate saying consumers could be misled into believing there was a commercial relationship with the aircraft manufacturer. 

Independent supermarkets should not be insulated from the effects of competition by the ACCC, Coles has told a tribunal as it challenges the watchdog's rejection of its proposed acquisition of a Kalgoorlie supermarket site.

Payday lender Sunshine Loans has been hit with $5.5 million in penalties for charging vulnerable customers almost $300,000 in fees, with a judge giving limited weight to its claim that it relied on legal advice when introducing the unlawful charges.

The Australian Prudential Regulation Authority has imposed a $100 million capital overlay penalty on Macquarie Group, saying the bank had miscalculated the amount of capital required to buffer its non-bank businesses.

The High Court has dismissed billionaire Clive Palmer's bid to revive his misconduct claims against former ASIC chair James Shipton, which an appeals court rejected as "little more than a house of cards".

The Fair Work Commission has found that a solicitor who entered into a contract akin to an independent contractor agreement with Linkpoint Lawyers was an employee of the firm.