ANZ has been hit with a $10 million penalty in a case brought by the Australian Securities and Investments Commission alleging the bank’s home loan ‘introducer’ referral program breached credit laws.
Facebook will face a penalty in the Australian Competition and Consumer Commission’s case alleging it misled consumers by representing that its discontinued Onavo Protect mobile app would keep users’ personal activity data private.
The former managing director and CEO of Bingo Industries should be sentenced to imprisonment for aiding and abetting the waste company in fixing prices for demolition waste services in Sydney, a court has heard.
The High Court has revoked special leave to Facebook to challenge a case by the privacy commissioner, finding that the social media giant’s grounds of appeal no longer involved issues of public importance.
The ACCC will monitoring the pricing and supply of essential services such as energy and telecommunications as well as interest rates in 2023 as cost of living pressures continue to bear down on consumers.
Two former executives of investment fund Benjamin Hornigold Limited have been charged with offences related to $3.8 million in payments.
Ultra Tune has failed to prove its managing director is mentally incapacitated and unable to give evidence at a sentencing hearing for contempt of court after he was seen earlier this week attending a hearing in a criminal case on charges of stalking his ex-girlfriend.
Casino giant Crown has admitted to a “significant number” of anti-money laundering and counter terrorism breaches in a case brought by AUSTRAC.
The Australian Securities and Investments Commission has brought its first-ever case alleging breach of whistleblower protections against coal producer TerraCom, claiming it made misleading statements to the market that damaged a whistleblower’s reputation.
Google-owned Fitbit has denied ACCC allegations it misled consumers about their rights concerning faulty devices, and has challenged the regulator on its claim that it was obligated to refund customers who did not raise a complaint within 45 days of purchase or shipment.