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The operator of eyewear franchises OPSM and Laubman & Pank has paid a $19,800 penalty after the ACCC found it failed to provide up-to-date disclosures to prospective franchisees, several years after promising to make its franchise system more transparent.
A judge has slapped defunct crypto firm Binance Australia Derivatives with a $10 million penalty for misclassifying around 500 retail customers as eligible to invest in risky derivatives intended for sophisticated investors.
Parliament has rushed through legislation doubling penalties against petrol companies for pricing misconduct to $100 million, as prices skyrocket due to the ongoing conflict in the Middle East.
A judge has fined Queensland mining equipment company Qteq $5 million and chair Simon Ashton a record $1 million for attempting to engage in cartel conduct.
The federal government has proposed doubling penalties against petrol companies for pricing misconduct to $100 million, as conflict in the Middle East causes prices to skyrocket.
A judge has asked the Australian Competition and Consumer Commission and Meta to resolve their standoff over document discovery in a case over scam cryptocurrency ads on Facebook.
Israel-based Smart Trike is seeking to withdraw its admission that it supplied noncompliant convertible strollers to the Australian market in a fight with distributor Target over a recall of the products.
Construction PRO
John Holland and CPB Contractors have agreed to pay $150,000 after mulch which contained fragments of asbestos was found at Sydney's Rozelle Parklands in January 2024.
The Fair Work Commission has proposed requiring litigants to disclose their use of generative artificial intelligence tools and to check that all details in documents are correct, or risk their case being dismissed.
The Trade Marks Office has rejected an application by Queensland-based food delivery provider DishDash, finding its mark to be too similar to that of delivery giant DoorDash.