Mercedes-Benz has been hit with $12.5 million in penalties for failing to use attention capturing, high impact language when communicating with customers about a compulsory recall of potentially deadly Takata airbags.
Grant Thornton and former director Bradley Taylor appeared in court Thursday, facing charges of failing to ensure the 2018 audit of fintech firm iSignthis was conducted in accordance with auditing standards.
Engineering services firm G&S has lost a bid to shield emails about āthe need to obtain legal adviceā in a $270 million dispute with the operator of a NSW open-cut coal mine.
IP Australia has rejected the patent application of animal-free dairy and protein company Perfect Day, following a challenge by New Zealand dairy giant Fonterra.
Online book retailer Booktopia has agreed to a $6 million penalty to resolve action brought by the consumer regulator alleging its refund policy was misleading.
Builder J Hutchinson and the CFMEU have been fined a combined $1.35 million for entered into an anti-competitive agreement to boycott an independent subcontractor at a construction site in Brisbane.
AUSTRAC has appointed an external auditor to Perth Mint, Australia’s official bullion mint, to assess its compliance with anti-money laundering and counter-terrorism financing laws.
ASIC has told a judge AMP should face a $17.5 million penalty for deducting $356,000 from customers’ superannuation accounts for advice they never received, saying the wealth manager had shown “no real contrition” for its conduct.
The former legal representatives of James Mawhinney have hit back at allegations of incompetence by the embattled Mayfair 101 founder on the last day of his appeal against decisions that saw him banned from soliciting funds or promoting any financial product for 20 years.
Spirit Super and Palisade Investment Partners have withdrawn their $1.2 billion bid to acquire the Port of Geelong after the ACCC said the deal could substantially lessen competition in Victoria for the supply of bulk cargo port services.