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‘Alarming’: ASIC suspects ex-Keystone boss may have used investor funds to buy home
Financial Services 2024-06-25 11:29 pm By Cindy Cameronne

A judge has expressed concern about the Australian Securities and Investments Commission’s suspicion that a former director of Keystone Asset Management may have used investor funds to purchase a house in his wife’s name, calling it “alarming”.

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Judge slashes plaintiffs’ costs in Sydney light rail class action
Class Actions 2024-06-25 10:55 pm By Cindy Cameronne

A judge has ordered Transport for NSW to only pay 65 per cent of the costs of a class action over Sydney’s $3 billion light rail construction, finding it was not inappropriate to apportion costs even though the plaintiffs were largely successful.

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Radio host Antoinette Lattouf headed to court against ABC after failed mediation
Employment 2024-06-25 10:33 pm By Cat Fredenburgh

Former radio host Antoinette Lattouf will soon file Federal Court proceedings against the ABC after an attempt to mediate a dispute over her alleged unlawful termination was unsuccessful.

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Who’ll stop the claim: Creedence Clearwater Revival singer shuts down case over festival gig
Arbitration 2024-06-25 11:59 pm By Andy Sidler

A contract dispute between Creedence Clearwater Revival frontman John Fogerty and Country Fest Queensland will be arbitrated in California, after a judge found equivalent claims could not be brought under Queensland law.

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No docs, no Tim Cook: Epic Games assails Apple’s ‘contrived’ defence in trial’s closing arguments
Trials 2024-06-24 11:11 pm By Sam Matthews

Video game maker Epic Games has attacked as “entirely contrived” the defence by Apple in closing submissions in a Federal Court trial of its landmark competition case, pointing to the tech giant’s lack of evidence, including from CEO Tim Cook.

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Optus had four years to fix coding error behind massive cyberattack, says ACMA
Privacy & Cybersecurity 2024-06-24 11:08 pm By Cindy Cameronne

The Australian Communications and Media Authority says a coding error on a dormant website that went undetected for four years was behind a massive data breach that exposed the information of close to 10 million Optus customers, with the regulator saying the hack was “not highly sophisticated”. 

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AMP former head of advice sues publisher of The Australian for defamation
Defamation 2024-06-24 2:23 pm By Cindy Cameronne

AMP’s former head of advice Jack Regan has filed proceedings against the owner of The Australian, Nationwide News, over a story he claims defamed him by alleging he misled ASIC over the charging of fees for no service. 

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On The Run takes aim at PR firm for ‘misleading’ wage theft campaign
Media 2024-06-24 2:10 pm By Cindy Cameronne

Convenience store chain On The Run has filed proceedings against public relations firm the Civic Partnership, claiming it is liable for misleading or deceptive conduct after an employee allegedly created a campaign aimed to damage the business for an unknown client. 

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Comlek administrators defeat attack on DOCA by Queensland’s revenue office
Restructuring & Insolvency 2024-06-24 11:55 pm By Andy Sidler

An arrangement to restructure Queensland labour hire services company Comlek has survived a challenge by the state’s revenue office, which wanted the business wound up, claiming the restructure was against public interest and commercial morality.

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Major supermarkets to face up to $10M in penalties for violating grocery code of conduct
Competition & Consumer Protection 2024-06-24 11:27 pm By Andy Sidler

The federal government has backed suggestions for changes to the Food and Grocery Code that would slap major grocery stores with fines of up to $10 million for violating the code, amid concerns over rising food prices.

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