Most Recent
The Australian Competition and Consumer Commission has given the green light to pork processor JBS Australia to proceed with its proposed $175 million acquisition of a Singapore-owned pig farm and abattoir business, despite competition concerns raised by pig farmers.
The Fair Work Ombudsman has taken supermarket giant Coles to court for allegedly underpaying more than 7,800 staff members $115 million over three years.
The CFMMEU and two of its officers have been hit with a $554,600 penalty for allegedly using the union's “covert industrial muscle” to pressure a New South Wales crane company to bend to its bargaining demands.
A senior ACCC officer tried to dissuade ASIC from investigating alleged insider trading by JPMorgan because of fears it would “upset” the competition regulator’s criminal cartel case over a $2.5 billion ANZ share placement, a court has heard.
A senior ACCC officer was probed Tuesday on whether the competition regulator updated its guidelines for taking witness statements in July in response to criticism of investigators' methods in the cartel probe over ANZ's $2.5 billion share placement.
The former director of investment management fund Courtenay House is facing a slew of criminal charges after an investigation by the Australian Securities and Investments Commission allegedly revealed he duped 590 investors in a $196 million Ponzi scheme.
Specialist workplace relations consultancy Employsure has been ordered to pay a $1 million penalty over a series of misleading Google advertisements, a figure significantly lower than the $5 million sought by the Australian Competition and Consumer Commission.
Banking giant Westpac has admitted to allegations in six new cases by the Australian Securities and Investments Commission alleging widespread compliance failures across multiple businesses, and will agree to pay a combined $100 million penalty.
Money transfer business Vina Money Transfer and two of five individuals accused of fixing foreign exchange rates on millions of dollars transferred between Australia and Vietnam will plead guilty to criminal cartel charges, a court has heard.
Apple and Google's legal woes in Australia are set to worsen, with a leading class action firm preparing to file class actions against the Silicon Valley giants for alleged competition and consumer law violations.