Most Recent
NAB agrees to $15.5M penalty for ignoring hardship claims
NAB has agreed to pay a $15.5 million penalty for failing to respond to customer hardship notices, around half the size of the penalty ASIC is seeking against Westpac for similar breaches of the Credit Code. 
Mobil admits ACCC’s claim it misled consumers about fuel, says it lost money
Mobil Oil has admitted it misled consumers by falsely claiming it was selling a specific brand of fuel at Far North Queensland petrol stations, but cites the challenges of supplying the fuel to the region, which it says was a loss-making exercise. 
Red Bull wins opposition to SeaBull trade mark
Red Bull has won its opposition to a Chinese beverage manufacturer’s bid to register 'SeaBull' as a trade mark for non-alocoholic drinks, with an IP Australia delegate finding the mark is deceptively similar to Red Bull's.
Griffith University to pay $8.34M to underpaid staff
Griffith University has signed an enforceable undertaking to backpay $8.34 million in wages, interest and superannuation to 5,457 staff who were underpaid over a nine-year period.
ACCC drags Jayco to court for alleged misleading advertising
Caravan giant Jayco faces enforcement action for allegedly making misleading claims about the off-road capabilities of its vehicles.
Australian Unity taken to court over $9.5M investment in risky mortgage fund
The Australian Securities and Investments Commission has launched action against Australian Unity, alleging it pumped more than $9.5 million into a risky mortgage scheme without properly vetting investors.
Full Court to weigh in on misfeasance in public office in Clive Palmer appeal
A judge has found Clive Palmer's appeal of a judgment striking out his lawsuits against former ASIC chair James Shipton raises important questions about what's required to advance a claim of misfeasance in public office and should be heard by the Full Court. 
ASIC adopts new rules to speed IPOs
The corporate regulator has announced a two-year trial for new rules that will streamline the public offering process “to deliver more IPOs” amid a dip in floats.