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Tandem unit loses bid to de-class ‘sham’ contracting class action
Class Actions 2020-03-18 2:43 pm By Cat Fredenburgh

A unit of Telstra contractor Tandem has lost its bid to de-class a ‘sham’ contracting class action brought on behalf of telecommunications workers who claim they were denied benefits by being misclassified as contractors.

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ACCC says cancellations due to COVID-19 could impact consumer rights
Competition & Consumer Protection 2020-03-18 12:51 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission has issued guidelines on consumers’ rights to refunds if a flight or event is shuttered due to the coronavirus, saying consumer guarantees could be affected if cancellation are caused by government restrictions.

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Societe Generale faces criminal charges over handling of client money
Financial Services 2020-03-18 11:17 am By Cat Fredenburgh

The Australian arm of French investment banking giant Societe Generale is facing four criminal charges for allegedly failing to comply with its obligations to keep client money in separate bank accounts.

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‘Serious inadequacies’: AMP units fined $526,000 over derivative transaction reporting
Financial Services 2020-03-17 10:07 pm By Cat Fredenburgh

Two units of AMP have paid a $536,000 penalty for failing to report derivative transactions, with the Australian Securities and Investments Commission slamming the company for “serious inadequacies” in its reporting processes.

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CBA’s Colonial First faces ASIC action over MySuper statements
Financial Services 2020-03-17 9:20 pm By Christine Caulfield

The corporate cop has brought legal proceedings against the Commonwealth Bank’s wealth management unit claiming it made misleading or deceptive statements to over 12,000 fund members during the transition to MySuper accounts.

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Lion hits WA store with trade mark lawsuit over ‘offensive’ t-shirt
Intellectual Property 2020-03-17 8:56 pm By Cat Fredenburgh

Beer giant Lion has slapped a WA retailer with a trade mark lawsuit over an offensive t-shirt that features the mark for its Emu Export beer with the words “wife basher” emblazoned across the top.

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ASIC launches two royal commission cases against Commonwealth Bank
Financial Services 2020-03-16 10:35 pm By Christine Caulfield

The corporate watchdog has brought two post-Hayne Commission proceedings against the Commonwealth Bank of Australia, alleging it upped the credit limit of a known problem gambler and overcharged more than $8 million in fees on its agricultural lending products.

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Ex-Macquarie Media boss Adam Lang settles defamation case over Daily Telegraph articles
Defamation 2020-03-16 3:53 pm By Cat Fredenburgh

The former boss of Sydney’s 2GB and Melbourne’s 3AW radio stations, Adam Lang, has resolved his defamation case against the publisher of the Daily Telegraph over articles he claimed portrayed him as an incompetent, sadistic executive who created a toxic work atmosphere.

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Settlement reached in sexual harassment case against ‘Underbelly’ actor
Employment 2020-03-16 8:39 am By Cat Fredenburgh

A settlement has been reached in a lawsuit against ‘Underbelly’ actor Damien Walshe-Howling alleging he sexually harassed an extra on the set of Channel Ten’s ‘Bikie Wars’ when he grabbed the actress and forced his tongue into her mouth.

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Qantas reports over $7M in underpayments to FWO
Employment 2020-03-13 4:38 pm By Miklos Bolza

Qantas Airways has repaid more than $7 million in underpayments and will make an additional $2 million in ‘apology’ payments to workers after self-reporting to the Fair Work Ombudsman that it incorrectly calculated the salary of hundreds of staff.

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