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EnergyAustralia hit with $14M penalty for misleading consumers about prices
In a first, EnergyAustralia has been ordered to pay $14 million for breaching the Electricity Retail Code by misleading customers about prices.
Medtronic penalised $22M over sale of bone graft kits without regulatory OK
Medical device supplier Medtronic has been socked with a $22 million penalty after it supplied non-compliant bone graft kits to hospitals, in what is the largest penalty under the Therapeutics Good Act.
Mastercard takes swipe at use of Reserve Bank statistics in ACCC’s case
Mastercard is fighting an evidentiary win for the competition watchdog in a case alleging the payments giant misused its market power in deals with major retailers.
AGL overcharged hundreds of customers receiving Centrelink payments, court finds
A judge has found energy company AGL committed thousands of contraventions of the Retail Rules by continuing to deduct payments from welfare recipients after they had closed their accounts.
Trader alleges bullying, death threats in unfair dismissal case against CMC Markets
A Sydney trader has brought an unfair dismissal case against CMC Markets, alleging his manager threatened his job and life after he complained about a shortfall in bonuses totalling more than $500,000.
Fletcher Building unit faces class action over leaky pipes in Perth homes
A unit of construction company Fletcher Building has been hit with a class action over its Pro-Fit pipes, which have been blamed by Western Australian builder BGC for plumbing failures in thousands of Perth homes.
Lendlease can’t argue Qld law doesn’t apply to work on NSW side of Gold Coast Airport
A judge has rejected Lendlease’s argument that Queensland building legislation does not apply to cross-border works carried out at Gold Coast Airport, saying the builder’s construction of the law would require a “bolt-by-bolt” analysis of construction work.
Class action attacks ‘false’ logic of AG’s claim GCO a neutral factor in KPMG transfer bid
In submissions to the High Court, the applicant in a class action brought on behalf of Arrium shareholders against KMPG has attacked the Attorney-General’s argument that a contingency fee order is a neutral factor in assessing the accounting firm’s bid to move the case from Victoria. 
Jones Day lures Baker McKenzie special counsel for financial markets practice
Jones Day has bolstered its financial markets practice with the addition of a former Baker McKenzie special counsel. 
Westpac unit RAMS faces trade mark appeal from fund manager RAM
Fund manager Real Asset Management has appealed a ruling which upheld mortgage broker RAMS’ bid to block the registration of two RAM trade marks.