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Grays hit with $10M penalty for misleading cars listings
Competition & Consumer Protection 2024-07-18 11:48 pm By Cindy Cameronne

Online auction site Grays has been ordered to pay $10 million in penalties after it admitted to making misleading statements in the descriptions of at least 750 cars listed for sale on its website. 

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Law firm director sacked assistant in ChatGPT-written text message, FWC finds
AI 2024-07-17 9:36 pm By Sam Matthews

The director of a Perth law firm fired a legal assistant by a text message that was generated with ChatGPT, the Fair Work Commission has found.

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Government backs FWC plan to put CFMEU construction division into administration
Construction 2024-07-17 11:25 pm By Sam Matthews

Employment Minister Tony Burke says he will support the Fair Work Commission’s plan to appoint an independent administrator to the construction division of the CFMEU and flagged an AFP investigation into recent allegations the union has been infiltrated by criminal figures. 

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Clive Palmer files bid for default judgment against ex-ASIC chair James Shipton
ASIC 2024-07-17 11:08 pm By Cindy Cameronne

Clive Palmer has filed an application for default judgment against the former chair of the Australian Securities and Investments Commission, James Shipton, in his proceedings alleging he acted in bad faith and beyond his power in the regulator’s pursuit of claims.

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Telstra cops $1.5M penalty for flouting customer ID rules
Telecommunications 2024-07-17 11:25 pm By Cat Fredenburgh

Telstra has been hit with a $1.5 million penalty from the communications regulator for failing to perform the requisite costumer ID authentication on over 150,000 “high-risk” interactions, such as SIM card swaps.

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Birkenstock wins bid to trade mark popular shoe shape
Intellectual Property 2024-07-16 10:38 pm By Cat Fredenburgh

Birkenstock has succeeded in securing trade mark protection for the shape of four of its shoes, a boon to the German shoe maker as it fights knock-offs of its popular sandals.

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BitConnect’s former Aussie promoter John Bigatton convicted
Cryptocurrency 2024-07-15 11:58 pm By Cat Fredenburgh

Former BitConnect national promoter John Louis Bigatton has been convicted for his role in marketing the online cryptocurrency platform, a global Ponzi scheme that reached a market capitalisation of $5 billion before its collapse.

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Westpac unit RAMS faces trade mark appeal from fund manager RAM
Intellectual Property 2024-07-12 11:19 pm By Sam Matthews

Fund manager Real Asset Management has appealed a ruling which upheld mortgage broker RAMS’ bid to block the registration of two RAM trade marks. 

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The Good Guys promotions not so good for consumers, ACCC claims
Competition & Consumer Protection 2024-07-11 10:55 pm By Cindy Cameronne

The Australian Competition and Consumer Commission has brought proceedings against retailer The Good Guys, alleging it made misleading statements about store credit. 

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ACCC flags competition concerns with Aurizon acquisition of Flinders Logistics
Competition & Consumer Protection 2024-07-11 11:33 pm By Sam Matthews

The consumer regulator has flagged concerns over national freight company Aurizon’s proposed acquisition of stevedoring and logistics business Flinders Logistics, saying the deal could incentivise Aurizon to block other rail haulage providers from accessing a key berth in Port Adelaide.

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