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Viva Energy’s proposed acquisition of LOC Global gets ACCC’s OK
Energy & Natural Resources 2024-12-12 4:27 pm By Julia Kanapathippillai

Viva Energy has been given the all-clear by the ACCC to acquire the remaining 50 per cent share of LOC Global after agreeing to sell 14 service stations to Solo Oil.

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Sydney University to pay $23M to underpaid staff in agreement with FWO
Employment 2024-12-12 11:14 pm By Christine Caulfield

The University of Sydney will pay $23 million to over 14,000 current and former workers who were underpaid over an 8-year period as part of a deal with the Fair Work Ombudsman.

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Law firms to join forces in class actions against Coles, Woolworths
Competition & Consumer Protection 2024-12-11 11:05 am By Cindy Cameronne

Two law firms that were set to run competing class actions against Coles and Woolworths over alleged illusory discounts have reached an in-principle agreement to collaborate.

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‘We will hold them to account’: ASIC accuses Rex of misleading market
Securities 2024-12-11 1:29 pm By Julia Kanapathippillai

The corporate copy has brought court action against Rex and four of its directors alleging the regional airline misled the market about its profits.

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Telstra pays $3M penalty over Triple Zero outage
Telecommunications 2024-12-11 3:40 pm By Julia Kanapathippillai

Telstra has been hit with a $3 million penalty for failing to follow emergency call rules during a Triple Zero outage in March.

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Integral Diagnostics’ tie-up with Capitol Health cleared with sell-off
Competition & Consumer Protection 2024-12-10 11:46 pm By Andy Sidler

The ACCC has given medical imaging company Integral Diagnostics the green light to acquire Capitol Health, after it offered to sell off one of 61 radiology clinics to win approval. On Tuesday, the competition regulator announced that it would not oppose the acquisition, which would see ASX-listed Integral Diagnostics acquire Capitol’s 60 radiology sites right…

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‘Big gap’ in digital platform regulation despite new ACCC powers: expert
Analysis 2024-12-09 11:35 pm By Cindy Cameronne

Proposed new regulations would give the ACCC a boost in targeting anti-competitive conduct by digital platforms, but a “big gap” remains in its powers, an expert told Lawyerly.

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University of Melbourne to backpay $72M to underpaid staff
Employment 2024-12-09 5:07 pm By Andy Sidler

The University of Melbourne will backpay $72 million to 25,000 academics who were paid on a ‘words-per-hour’ or ‘time-per-student’ basis, a practice it now acknowledges was unlawful.

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iSignthis wins fight to bring evidence of offers to settle with ASIC
ASIC 2024-12-05 11:54 pm By Andy Sidler

Hoping for a discounted penalty, fintech iSignthis has won its bid to adduce evidence of without prejudice offers it made to reach a resolution with ASIC before the regulator took it to court.

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Competition fears over Orikan’s proposed merger with parking rival
Competition & Consumer Protection 2024-12-05 4:36 pm By Christine Caulfield

The Australian Competition and Consumer Commission has raised concerns about the proposed acquisition of parking management company Duncan Technologies by Orikan Group.

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