A judge has dismissed applications by mortgage broker Lendi Group and insurer ALI Group to declass a group proceeding over allegedly worthless mortgage insurance, saying it would be more efficient for the claims to advance as a class action.
Dendy Cinema has paid a $19,800 penalty after the ACCC alleged it failed to prominently display the total price for movie tickets sold online at the earliest point in the sale process, a practice known as ‘drip’ pricing.
A judge has kept intact a lead applicant’s award of damages in a class action over alleged defective Ford vehicles, following a High Court decision, siding with neither party on what the figure should be.
Retailer The Good Guys has agreed to pay $13.5 million in ACCC proceedings alleging it made misleading statements about store credit.
The ACCC has concluded its five year inquiry into digital platforms, identifying risks to competition posed by AI and cloud computing and again calling for significant regulation to counter “harmful” practices by the likes of Google and Facebook.
A judge has held off on orders requiring Maurice Blackburn to turn over financial information to Sportsbet in a class action over unlawful in-play betting, saying the parties should first confer on the issue of security for costs.
Big Four bank NAB has paid $751,200 for inaccurate credit data disclosures under the Consumer Data Right rules, the largest penalty to date for breaches of the regulations.
Gambling company Tabcorp has been fined $4 million or sending over 5,700 messages to VIP customers that failed to comply with spam laws.
Optus has agreed to pay a $100 million penalty in a case brought by the ACCC, admitting the watchdog’s allegations that staff pressured customers into buying phones they couldn’t afford.
A judge has warned that an interlocutory privilege skirmish in the consumer watchdog’s misuse of market power case against Mastercard could “spiral out of control”.