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ASIC cautions lenders against reverse mortgage ‘box-ticking’
Article August 28, 2018 10:57 pm By Christine Caulfield

The Commonwealth Bank of Australia and other lenders have been warned by the corporate watchdog against a “tick-boxes” approach to reviewing reverse mortgage applications by […]

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Auto giants ready to talk settlement in Takata class actions
Product Liability August 28, 2018 9:54 pm By Miklos Bolza

Six major car companies indicated Tuesday they were open to a quick settlement of class actions brought on behalf of potentially hundreds of thousands of […]

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Bill that would allow follow-on actions introduced in Senate
Competition & Consumer Protection August 23, 2018 11:21 pm By Cat Fredenburgh

Private follow-on actions for consumer law violations will be easier to bring under a new bill recently introduced in the Senate, a potential boon to […]

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Kraft can bring new claims against Bega mid-trial
Competition & Consumer Protection August 22, 2018 8:00 pm By Cat Fredenburgh

The long, complex battle over who owns the rights to the Kraft peanut butter trade dress just promised to get longer, with Kraft winning approval […]

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ASIC vows to pursue fees-for-no-service cases in court
Financial Services August 17, 2018 11:05 pm By Cat Fredenburgh

The corporate watchdog is planning to launch legal action soon over the banking industry’s fees for no service, and expects to secure $1 billion in […]

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ASIC bans AGM Markets director for 8 years
Competition & Consumer Protection November 19, 2018 9:30 pm By Cat Fredenburgh

ASIC has banned the former director of AGM Markets from serving as a director for eight years, a few weeks after revoking the OTC derivative […]

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Acai berry co. ends case alleging Aussie duo stole Amazon narrative
Competition & Consumer Protection November 14, 2018 10:58 pm By Christine Caulfield

California-based acai berry company Sambazon Inc. has resolved legal action that accused its former Australian distributors of co-opting the company’s Amazonian narrative to promote a […]

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Advangen must pay Ikon $1M for TV ads despite buyer’s remorse
Media November 7, 2018 9:29 pm By Cat Fredenburgh

Hair loss treatment company Advangen International has been ordered to fork over $940,000 to advertising agency Ikon Communications after refusing to pay for an ad […]

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ACCC probes Kogan over promotion
Competition & Consumer Protection October 29, 2018 11:33 pm By Cat Fredenburgh

Online retailer Kogan.com said Monday it’s facing an investigation by the ACCC into one of its promotions. The discount site revealed the investigation in a […]

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Judge puts ASIC ‘fees for no service’ case against NAB on fast-track
Financial Services October 8, 2018 10:56 pm By Miklos Bolza

A Federal Court judge has put ASIC’s first fees for no service case, brought against two units of National Australia Bank’s wealth management division, on […]

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