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Banks pay $21.4M to consumers for bad financial advice
Financial Services 2018-02-21 8:46 pm By Cat Fredenburgh

Australia’s five biggest banks have paid out $21.4 million since the end of 2016 to consumers harmed by advice that violates financial services regulations, the Australian Securities and Investments Commission said Tuesday. 

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NSW appeals court upholds $7M judgment against teleco
Appeals 2018-02-14 9:19 pm By Cat Fredenburgh

Wholesale satellite broadband provider Ipstar Australia has lost a bid to overturn a $7 million judgment against it for allegedly providing defective equipment and engaging in unconscionable conduct in violation of consumer law.

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