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OAIC won’t probe class action-style complaint over Optus data breach
Privacy & Cybersecurity 2025-12-12 11:48 pm By Cindy Cameronne

The privacy watchdog has given a preliminary view that it won’t investigate a class action-style complaint brought by Maurice Blackburn over a 2022 Optus data breach, citing its own proceedings, a court has heard.

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Judge won’t hold up Google class action waiting for competing case
Class Actions 2025-12-12 11:26 pm By Sam Matthews

The judge overseeing a jointly run class action against Google, which has already fended off a third proceeding in a contest to pursue the digital giant, will not keep the case waiting for a looming fourth action.

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ANZ sued by former CEO Shayne Elliott over $13.5M bonus
Employment 2025-12-12 11:37 pm By Cat Fredenburgh

ANZ is facing a lawsuit by former CEO Shayne Elliott alleging the bank breached the terms of a contract governing his departure when it denied him $13.5 million in bonus payments.

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Coles, Woolworths to face $10M fines for price-gouging under new rules
Competition & Consumer Protection 2025-12-12 11:54 pm By Cat Fredenburgh

Under new rules that will come into effect in July, large supermarkets like Coles and Woolworths will face $10 million fines for price-gouging.

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Court rejects Walter Sofronoff’s challenge to corrupt conduct finding
Public Corruption 2025-12-11 11:46 pm By Sam Matthews

The Federal Court has dismissed Walter Sofronoff KC’s legal challenge to the ACT Integrity Commission findings that he engaged in corrupt conduct in his inquiry into the prosecution of Bruce Lehrmann.

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AMP to pay $29M to settle another royal commission class action
Class Actions 2025-12-11 10:43 am By Cat Fredenburgh

AMP has agreed to pay $29 million to settle a class action alleging insurance customers were overcharged, putting to rest another case stemming from “serious misconduct” that came to light curing the 2018 banking royal commission.

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IAG to fight regulator’s rejection of $1.3B RACWA merger
Insurance 2025-12-11 9:59 am By Cat Fredenburgh

The ACCC has opposed IAG’s proposed $1.35 billion acquisition of RACWA’s insurance operations, saying the deal would substantially lessen competition for motor vehicle and home and contents insurance in Western Australia.

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Construction PRO
Westfield owner Scentre sells stake in Brisbane mall for $683M
Construction 2025-12-12 11:55 pm By Andy Sidler

A Dexus managed fund has paid $683 million to Scentre Group to increase its stake in Brisbane’s Westfield Chermside shopping centre.

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ACCC battles Mastercard, major companies over suppression bids
Financial Services 2025-12-11 11:25 pm By Cindy Cameronne

The competition regulator has cited the public interest in its misuse of market power case against Mastercard in fighting suppression applications by the credit card giant and its heavy-hitter customers, including Coles and Visa.

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Mayne says it’s not on hook for break fee over failed Cosette merger
Healthcare 2025-12-11 2:56 pm By Cat Fredenburgh

Mayne Pharma says it, and not US drug maker Cosette, has terminated their $672 merger agreement and that it is therefore not on the hook for a break fee.

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