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ACCC’s powers to review mergers to get boost under planned reforms
Competition & Consumer Protection 2024-04-09 11:21 pm By Cat Fredenburgh

Treasurer Jim Chalmers is expected to announce changes to Australia’s merger review regime on Wednesday that will require companies to notify the Australian Competition and […]

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Mayfair 101 founder James Mawhinney charged with dishonest conduct
Financial Services 2024-04-09 3:24 pm By Christine Caulfield

Mayfair 101’s James Mawhinney has been arrested and charged with four counts of engaging in dishonest conduct in running his beleaguered wealth management business. Following […]

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Company run by lawyer and wealth guru Dominique Grubisa made misleading statements: court
Competition & Consumer Protection 2024-04-09 2:30 pm By Christine Caulfield

In a win for the Australian Competition and Consumer Commission, a court has found Dominique Grubisa’s DG Institute made misleading statements to students who paid […]

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On The Run to backpay workers $2.5M in leave entitlements
Employment 2024-04-09 10:23 pm By Andy Sidler

Convenience store operator On The Run will backpay $2.3 million in annual leave entitlements to 1,524 full and part-time employees — mostly console operators and […]

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ASIC says it lacks evidence to charge Nuix CEO with insider trading
Securities 2024-04-08 11:21 pm By Cat Fredenburgh

The Australian Securities and Investments Commission has dropped its investigation into whether Nuix’s chief executive officer Jonathan Rubinsztein unlawfully bought shares in the company after […]

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Melbourne Uni fined for conduct of boss who called academic ‘self-entitled Y-genner’
Education 2024-04-05 10:20 pm By Cat Fredenburgh

A judge has slapped the University of Melbourne with a $74,590 penalty for taking adverse action against two casual academics to prevent them from claiming […]

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Funder of failed competing class action wants cut of $16M Dixon Advisory settlement
Class Actions 2024-04-03 4:53 pm By Cindy Cameronne

A funder that bankrolled a class action that was stayed against Dixon Advisory has argued it should receive $969,000 from a $16 million settlement reached […]

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Ultra Tune appeals record $1.5M fine for contempt
Competition & Consumer Protection 2024-04-02 11:27 pm By Cat Fredenburgh

Car repair franchise Ultra Tune is challenging a record $1.5 million fine for contempt for failing to comply with a court-ordered compliance program in proceedings […]

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HSBC pays $33,000 fine for alleged breaches of Consumer Data Right
Competition & Consumer Protection 2024-04-02 10:15 pm By Cat Fredenburgh

British bank HSBC has been stung with $33,000 in penalties for alleged violations of rules designed to increase transparency and competition in the banking sector. […]

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ASIC wins greenwashing case against Vanguard over $1B fund
Securities 2024-03-28 4:15 pm By Cindy Cameronne

The Australian Securities and Investments Commission has won its first civil penalty proceeding in a greenwashing case, with a court finding against Vanguard Investments over […]

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