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Advisory firm Lanterne cops $1.25M penalty for ‘effectively ignoring’ AFSL obligations
Financial Services 2024-04-11 11:48 pm By Andy Sidler

Advisory firm Lanterne Fund, which operated as a ‘licensee for hire’, has been hit with a $1.25 million penalty for breaching its obligations as a financial services licence holder.

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ASIC launches appeal in landmark case over Finder Wallet’s cryptocurrency
Cryptocurrency 2024-04-11 3:48 pm By Christine Caulfield

The Australian Securities and Investments Commission is challenging a decision that Finder Wallet did not need a financial services licence to sell its defunct cryptocurrency product.

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Qatar Airways passengers can’t sue airline over strip searches
Aviation 2024-04-11 2:32 pm By Cindy Cameronne

A judge has summarily dismissed a case by five passengers against Qatar Airways that alleged the airline was liable for invasive examinations conducted by Qatar police after a newborn baby was found in a bin at the Doha airport. But the case is allowed to continue against subsidiary MATAR.

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MinterEllison loses head of climate group to advisory firm
Environment 2024-04-11 10:30 pm By Cat Fredenburgh

Investment and advisory firm Pollination Group has poached a leading climate lawyer who led MinterEllison’s global climate practice group to bolster its offering of cutting edge advice on the transition to net zero.

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Dumpling chain fined $4M for ‘calculated scheme to rob employees’
Employment 2024-04-10 11:45 pm By Sam Matthews

The collapsed companies behind dumpling chain Din Tai Fung have been hit with over $3.8 million in penalties after a judge found they engaged in a “a calculated scheme to rob employees of their hard-earned wages and deceive the authorities”.

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Sydney developer Thirdi hits back at class action over alleged shoddy construction
Construction 2024-04-10 1:53 pm By Sam Matthews

Property developer Thirdi has rejected the claims of a class action brought by the owners of lots in an allegedly shoddy townhouse development in Sydney, and has filed a cross-claim seeking an indemnity from its builder.

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Genuine redundancy exception to unfair dismissal not a given, court says
Employment 2024-04-10 3:06 pm By Cindy Cameronne

The allowance for genuine redundancies is “not absolute” and employers need to consider measures to redeploy workers, including retraining, an appeals court has said in an unfair dismissal case involving 22 mining workers.

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Eyewear retailer Luxottica slapped with $1.5M penalty for e-marketing breaches
Privacy & Cybersecurity 2024-04-10 11:39 pm By Andy Sidler

Luxottica has run afoul of Australian spam laws, paying a penalty of $1.5 million for sending marketing emails without an unsubscribe option. 

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Mining company Tigers Realm breached Russian sanctions, court finds
Energy & Natural Resources 2024-04-10 12:17 pm By Cindy Cameronne

Coal mining company Tigers Realm breached Russian sanctions over its invasion of Ukraine by transporting coal within Russia before exportation to the Asian market, a judge has found. 

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Police thought Higgins ‘may have been drugged’, say new submissions in Lehrmann case
Defamation 2024-04-09 11:35 pm By Christine Caulfield

A master chronology of the events on the night Bruce Lerhmann allegedly raped former policital staffer Brittany Higgins in Parliament House reveals federal police had concerns that Higgins may have been drugged.

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