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ACCC cartel case to focus on whether Spotless, Ventia were in competition
Competition & Consumer Protection 2025-02-25 1:53 pm By Cindy Cameronne

A key issue in the ACCC’s price-fixing case against Downer EDI’s Spotless and Ventia is likely to focus on whether the facilities services companies were in competition, a court has heard. 

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Mastercard continued usual document deletion despite ACCC probe, court told
Competition & Consumer Protection 2025-02-24 2:09 pm By Cindy Cameronne

Trial in the ACCC’s misuse of market power case against Mastercard has been pushed to 2026, after the US company failed to comply with discovery orders. 

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Former Star Entertainment execs cop penalties after settling with ASIC
Gaming 2025-02-24 4:46 pm By Christine Caulfield

A judge has imposed penalties against Star’s former managing director and former CFO as part of settlements reached with the corporate regulator, as trial against nine other executives continues.

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Coles, Woolworths class action judge won’t ‘rubber stamp’ firms’ plan to join forces
Class Actions 2025-02-21 3:43 pm By Cindy Cameronne

Law firms running competing class actions against Coles and Woolworths over alleged illusory discounts have agreed to join forces, but a judge has warned he will not simply “rubber stamp” the arrangement. 

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AusSuper cops $27M penalty for account merger failures
ASIC 2025-02-21 3:01 pm By Andy Sidler

A judge has hit AustralianSuper with a $27 million penalty for breaching superannuation rules requiring providers to consolidate customer accounts. 

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Telstra misled customers about Belong upload speeds, court finds
Competition & Consumer Protection 2025-02-21 2:41 pm By Sam Matthews

A court has found that Telstra misled almost 9,000 residential broadband customers about the upload speeds of its budget internet provider Belong.

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Will ACCC pick up pace of competition enforcement after sluggish two years?
Competition & Consumer Protection 2025-02-20 11:36 pm By Christine Caulfield

It has been a quiet time for the competition regulator under the stewardship of Gina Cass-Gottlieb, but on Thursday the enforcer urged companies and consumers to watch this space.

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Landmark ruling to upend tax office’s practice of treating UPEs as loans
Tax 2025-02-20 11:56 pm By Sam Matthews

An appeals court has found that an unpaid present entitlement to a corporate beneficiary is not a loan under tax law, upending the ATO’s longstanding practice of treating UPEs as part of a trustee’s assessable income.

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‘Speculation’: Former ASIC chair takes aim at Clive Palmer lawsuit
Public Corruption 2025-02-18 10:57 pm By Andy Sidler

Former ASIC chairJames Shipton wants to strike out claims brought against him by Clive Palmer, arguing the mining billionaire’s pleading cannot support a claim for misfeasance in public office.

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TerraCom directors to claim penalty privilege in novel ASIC case
ASIC 2025-02-18 2:14 pm By Julia Kanapathippillai

Four directors of coal producer TerraCom have flagged they will not show their hand in the corporate regulator’s first-ever case alleging breaches of whistleblower protections.

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