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Court urged to impose $15M penalty against Telstra over NBN speed claims
Competition & Consumer Protection 2022-11-10 4:44 pm By Sam Matthews

Telstra has agreed to pay a $15 million penalty for misleading thousands of NBN customers about internet plan speeds, a sum which will bring the […]

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Optus agrees to $13.5M penalty for misleading NBN customers
Competition & Consumer Protection 2022-11-10 1:39 pm By Sam Matthews

Optus has agreed to pay a $13.5 million penalty for misleading thousands of NBN customers into paying for internet plan speeds that could not be […]

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Allianz to see law firms’ ATE policy in class action over ‘junk’ car insurance
Insurance 2022-11-04 2:47 pm By Cindy Cameronne

The applicants in a consumer class action against Allianz have been ordered to produce an insurance policy that covers them for the risk of losing […]

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Dell misled online customers about inflated discounts during COVID lockdowns, ACCC says in new case
Competition & Consumer Protection 2022-11-04 11:13 pm By Christine Caulfield

The consumer regulator has taken Dell Australia to court for allegedly making misleading statements about the price of add-on monitors that could be purchased with […]

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ASIC appeals loss in conflicted remuneration case against CBA
Financial Services 2022-10-26 5:18 pm By Cindy Cameronne

The Australian Securities and Investments Commission has filed an appeal after a judge dismissed its case alleging the Commonwealth Bank of Australia accepted conflicted remuneration […]

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Crane maker NQCranes agrees to $1M penalty in ACCC’s cartel case
Competition & Consumer Protection 2022-10-26 11:36 am By Cindy Cameronne

Queensland crane company NQCranes has agreed to pay a $1 million penalty in the Australian Competition and Consumer Commission’s case alleging it engaged in a […]

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High Court hears case that could upend insolvency law at critical moment
Restructuring & Insolvency 2022-10-19 4:43 pm By Cindy Cameronne

Insolvency practitioners are holding their breath as the High Court hears a case that could abolish a key rule used by liquidators in recouping payments […]

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Equity Trustees sues investment firm over currency hedge trades
Financial Services 2022-10-17 11:30 pm By Sam Matthews

Equity Trustees has sued asset manager Tactical Global Management seeking millions in compensation for losses allegedly stemming from over-hedging trades. In a suit filed in […]

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Paltry pay day for IPO Wealth investors as $5.6M class action settlement approved
Financial Services 2022-10-12 11:06 am By Sam Matthews

Investors in Mayfair Group’s collapsed IPO Wealth Fund have clawed back only a fraction of their alleged $67 million losses after a judge approved a […]

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Teleco contractor BSA can’t get costs for winning class action side spat
Employment 2022-10-10 11:33 pm By Christine Caulfield

Teleco contractor BSA, which resolved a class action by its workforce for $20 million, won’t be recouping the costs of legal action to exclude a […]

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