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Bingo, Aussie Skips hit with $33.5M in cartel penalties, CEOs get community service
Competition & Consumer Protection 2024-02-23 12:52 pm By Sam Matthews

A judge has sentenced the former CEO of Bingo Industries to two years’ imprisonment to be served in the community and imposed $30 million in […]

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ACCC faced ‘formidable obstacle’ in fight against ANZ, Suncorp merger
Analysis 2024-02-20 10:30 pm By Cindy Cameronne

The ACCC’s rejection of a $4.9 billion merger between ANZ and Suncorp was hardly surprising given the concentrated nature of the home loans market, but […]

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ACCC’s decision blocking $4.9B ANZ, Suncorp merger overturned by competition tribunal
Competition & Consumer Protection 2024-02-20 9:56 am By Cindy Cameronne

The ACCC’s decision to block a $4.9 billion merger between ANZ and Suncorp has been set aside, with a tribunal finding the transaction will not […]

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‘We don’t know’ not a reason to block $4.9B Suncorp merger, ANZ says
Financial Services 2023-12-04 11:17 pm By Cindy Cameronne

ANZ has criticised the ACCC’s objection to its planned $4.9 billion merger with Suncorp, arguing before a tribunal that the alleged “uncertain” effects on competition […]

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‘A blight on our community’: Judge slams overly complex Corporations Act
Courts 2023-11-29 5:04 pm By Cindy Cameronne

A retiring Federal Court judge who served on the bench for almost two decades has railed against court fees “that no ordinary person can afford” […]

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Ex-ANZ unit hit with $5M penalty for fees-for-no-service conduct
Superannuation 2023-11-29 4:40 pm By Cat Fredenburgh

Former ANZ superannuation trustee OnePath Custodians has been hit with a $5 million penalty for charging superannuation members more than $4 million in fees that […]

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Sensitive data of 223,000 people stolen in ACL data breach: OAIC
Privacy & Cybersecurity 2023-11-28 11:17 pm By Cat Fredenburgh

‘Serious and systemic’ failures in Australian Clinical Labs’ cyber framework left the pathology services provider vulnerable to a cyberattack that exposed the sensitive health data […]

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Still no funder for AGL class action, but dismissal not a done deal
Competition & Consumer Protection 2023-11-27 2:49 pm By Sam Matthews

A judge has given a competition class action against AGL Energy another chance to secure funding, but imposed a “drop dead date” by which the […]

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Class action firm may seek compensation for unlawful immigration detention
Human Rights 2023-11-10 9:05 pm By Cat Fredenburgh

A leading class action firm may seek compensation for those who were illegally detained after the High Court ruled that Australia’s system of holding individuals […]

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AGL units hit with $6M in penalties for emergency violations
Energy & Natural Resources 2023-10-30 11:18 pm By Sam Matthews

Two units of electricity giant AGL Energy will pay penalties totalling $6 million for being unable to make good on their promise to be on […]

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