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The judge who presided over ASIC’s successful case against payday lender Sunshine Loans has recused himself from deciding on penalty in the matter, saying a new court protocol might be needed for when a judge makes an adverse credit finding during the liability phase of a case.
Online auction site Grays has been ordered to pay $10 million in penalties after it admitted to making misleading statements in the descriptions of at least 750 cars listed for sale on its website.
Telstra has been hit with a $1.5 million penalty from the communications regulator for failing to perform the requisite costumer ID authentication on over 150,000 "high-risk" interactions, such as SIM card swaps.
Aristocrat Leisure has hit back at a class action over its allegedly illegal ‘social casino’ apps, saying that playing is optional and that the lead applicant should have deleted the games.
Major building insulation supplier CSR Bradford has been hit with a lawsuit by a leading home energy company seeking information on price increases as part of a potential lawsuit alleging misuse of market power.
The Australian Competition and Consumer Commission has brought proceedings against retailer The Good Guys, alleging it made misleading statements about store credit.
The consumer regulator has flagged concerns over national freight company Aurizon’s proposed acquisition of stevedoring and logistics business Flinders Logistics, saying the deal could incentivise Aurizon to block other rail haulage providers from accessing a key berth in Port Adelaide.
A senior barrister has filed another suit against Telstra alleging it flags his emails to Bigpond addresses as spam and fails to send them, after suing the telco for allegedly falsely promising he could keep his chambers' phone numbers when switching to the NBN.
Fashion retailer Mosaic Brands has denied claims by the consumer cop that it failed to deliver hundreds of thousands of products to customers within advertised time frames, saying the delays were reasonable given COVID-19 and the failures of logistics and delivery partners, including Australia Post.
In a contest to run a class action against International Capital Markets over risky derivative products, a proposed consolidated proceeding has taken aim at third-to-file Banton Group for allegedly copying its case.