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Coles, Woolworths face class action investigation over discount claims
Coles and Woolworths may be hit with class actions for allegedly misleading customers with false discounts.
Blue Sky founder’s claims against ASIC thrown out as ‘untenable’
A court has tossed claims against ASIC by the former boss of investment fund Blue Sky, describing the allegations as scandalous and untenable.
‘Shrinkflation’ targeted in government’s latest crackdown on supermarkets
The federal government has vowed to fight shrinkflation by strengthening the Unit Pricing Code and introducing "substantial penalties" for non-compliance.
ANZ loses appeal in ASIC case over $2.5B share placement
ANZ has lost its appeal of a landmark decision finding it breached continuous disclosure rules by failing to disclose a $750 million bailout by underwriters during a $2.5 billion capital raising.
Medibank admits lack of multi-factor authentication partly to blame for breach
Medibank has denied breaching privacy rules in response to the regulator's case over a 2022 cyber attack, but has admitted sensitive data was hacked in part because its network lacked multi-factor authentication. 
Sigma tries to ease concerns over $8.8B Chemist Warehouse tie-up
Drug supplier Sigma Healthcare has offered an undertaking in a bid to allay the competition regulator's concerns about its proposed merger with Chemist Warehouse. 
Olam Agri offers to divest Queensland Cotton gin to acquire Namoi Cotton
Olam Agri Holdings has offered to divest its Queensland cotton gin and a 20 per cent holding in a leading Australian cotton classing company to win approval for its takeover of Namoi Cotton.
EnergyAustralia hit with $14M penalty for misleading consumers about prices
In a first, EnergyAustralia has been ordered to pay $14 million for breaching the Electricity Retail Code by misleading customers about prices.
ACCC clears Lendlease’s $1.3B property deal with Stockland
The ACCC will not oppose Lendlease’s plan to sell a portfolio of residential projects to Stockland for $1.3 billion after accepting Stockland’s plan to divest a project in Illawarra. 
Vanguard hit with record $12.9M penalty in ASIC greenwashing case
Vanguard Investments has been ordered to pay a penalty of almost $13 million for misleading the public about its $1 billion “ethically conscious” hedge fund.