A judge has given ASIC the green light to continue proceedings against a defunct funeral insurer which allegedly misled Aboriginal customers about being Indigenous-owned and claims that its products were specifically beneficial for First Nations people.
A judge has shot down ASIC’s bid for declarations against life insurer Select AFSL before a penalty hearing after finding that the insurer acted unconscionably when selling insurance over the phone.
IP Australia has rejected the patent application of Scandinavian dairy giant Arla Foods amba, finding its high-protein whey-based yoghurt invention lacked an inventive step.
Accused Ponzi schemer Chris Marco has been hit with criminal charges after an investigation by the Australian Securities and Investments Commission found he defrauded $36.5 million from nine investors.
A judge has found four drivers working with transport company Avert Logistics are independent contractors despite the business supplying vehicles for them.
The sole director of personal lender ClearLoans has agreed to settle the first case the Australian Securities and Investments Commission brought related to the COVID-19 pandemic.
Booktopia has resolved a case by the consumer regulator alleging the online book retailer’s policy that required customers to request a refund within two business days of purchase was misleading.
The Fair Work Commission has found that unvaccinated stevedores were not unfairly terminated by their employer Patrick Stevedores — and even if they were no damages were owing.
Online trading platform Trade360 will close shop at the end of the month, following an ASIC investigation that found its representatives at an offshore call centre provided personal advice to clients which the company was not licensed to give.
Bank of Queensland is the first bank to be caught for alleged breaches under the new Consumer Data Right scheme, paying a $133,200 penalty.