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In a win for ASIC, the Federal Court has found that non-bank lender Firstmac Limited breached the design and distribution obligations, introduced in 2021, by marketing a managed investment scheme that could be unsuitable for customers’ financial needs.
The Fair Work Commission has ruled that an electrician with BlueScope Steel was unfairly dismissed following a complaint by a coworker who did not give evidence to the commission, finding that it was “abundantly unfair” for the complaint to be advanced as hearsay evidence.
Telstra has been reprimanded by ACMA after the communications regulator found the silent numbers of more than 140,000 customers -- including domestic violence victims -- were made public.
The Dietitians Association of Australia can't register a logo featuring the words 'accredited nutritionist' as a trade mark, with a delegate agreeing with a competing nutritionist group that the association should not have a monopoly over the highly descriptive term.
Fashion retailer Mosaic Brands has denied claims by the consumer cop that it failed to deliver hundreds of thousands of products to customers within advertised time frames, saying the delays were reasonable given COVID-19 and the failures of logistics and delivery partners, including Australia Post.
The corporate regulator has secrued orders barring fintech giant PayPal from enforcing a term in its contracts with small businesses that set a two-month deadline for complaints about excess fees.
Industrial technology company Delta Building Automation has appealed a $1.5 million penalty for attempting to rig a bid for construction work on the National Gallery of Australia, a penalty five times the amount it claimed it should face.
Lendlease's plan to sell a portfolio of residential community projects to Stockland for $1.3 billion has raised concerns for the ACCC, which worries the transaction may substantially lessen competition in the supply of residential masterplanned community housing lots in four regions.
A Senate committee has release a damning report blasting the Australian Securities and Investments Commission as a failed regulator that should be broken up.
The ACCC has accepted undertakings from Telstra and Optus not to renew agreements requiring them to pre-install Google apps on Android devices as part of its competition probe into Google.