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ME Bank hit with $820,000 penalty for misleading borrowers
Financial Services 2024-01-19 4:03 pm By Sam Matthews

Bank of Queensland will pay a $820,000 penalty after its Members Equity was found guilty of criminal charges over misleading representations, with a judge finding the defunct direct bank was no less responsible because the offending conduct resulted from a systems error.

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App store class actions funder can view ‘sensitive’ Apple data
Class Actions 2024-01-19 5:09 pm By Cindy Cameronne

Apple has failed to prevent a funder from accessing data that will allow it to estimate potential damages in a class action it’s bankrolling over allegedly anti-competitive app store restrictions.

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Judge slams Tesla’s ‘unrealistic’ bid for urgent arrest warrant over whistleblower docs
Intellectual Property 2024-01-19 4:25 pm By Cindy Cameronne

A judge has criticised Tesla’s bid for an urgent arrest warrant against a NSW man who allegedly published material leaked by a former employee about its self-driving software, saying the man needs the chance to properly respond to the electric car giant’s contempt of court claim. 

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Victorian court hackers accessed more hearings than first thought
Privacy & Cybersecurity 2024-01-19 1:24 pm By Sam Matthews

Hackers behind a cyberattack on Victoria’s court system may have accessed recordings of hearings stretching back to 2016, Court Services Victoria has said. On January 2, CSV CEO Louise Anderson notified the public that hackers had breached a network with video and audio recordings of courts across Victoria, saying recordings of hearings that took place…

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‘Confusing maze’: ALRC calls for overhaul of Corporations Act
Policy and Regulation 2024-01-18 10:08 pm By Cindy Cameronne

The Australian Law Reform Commission has recommended extensive reforms to the “confusing maze” that is the Corporations Act, including the creation of a standalone financial services law.

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In white spot disease class action, government points finger at importers
Class Actions 2024-01-18 5:12 pm By Sam Matthews

The federal government has hit back at a class action over an outbreak of white spot disease in South-East Queensland that decimated the commercial prawn industry, pointing the finger at several importers and saying farmers failed to mitigate their own losses.

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Referee who accused NRL of bullying loses unfair dismissal suit
Employment 2024-01-18 4:48 pm By Cindy Cameronne

A former National Rugby League referee has lost his unfair dismissal lawsuit alleging he suffered bullying and victimisation, with a judge finding the league did not terminate his employment but “acted passively” in letting his contract term end.

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Funder of failed IP case can’t dodge indemnity costs
Intellectual Property 2024-01-18 5:26 pm By Cindy Cameronne

A litigation funder must pay indemnity costs to CoreLogic after bankrolling a photographer’s unsuccessful copyright claim against the property data analytics company, with an appeals court finding it pursued the litigation for its own personal gain.

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Australia to go its own way on AI by targeting high-risk uses
Policy and Regulation 2024-01-17 10:13 pm By Cindy Cameronne

The Albanese government will focus the country’s AI regulation on high-risk settings such as healthcare, opting for voluntary codes for less risky uses to allow the game-changing technology to flourish.

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Confused employers left ‘trigger-happy’ after new sexual harassment laws, says Dentons partner
Employment 2024-01-17 1:53 pm By Cindy Cameronne

Increased obligations to address and prevent sexual harassment passed in late 2022 have left some employers confused about their obligations and, in some cases, eager to fire employees before issuing a warning, says Dentons’ new employment partner Edmund Burke.

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