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A new ban on unfair trading practices could significantly broaden the scope of consumer class actions, with experts predicting plaintiff firms will use the reforms to pursue claims over conduct that has until now fallen outside the reach of misleading or deceptive conduct laws.
Telstra could face a multimillion dollar fine from the telco regulator and a class action investigation after Wednesday's nationwide outage that affected over 600 emergency calls and downed the EFTPOS network.
The fallout from the KPMG leaks scandal has widened, with the corporate regulator launching a review of audit complaints to the Big 4 accounting firms.
The corporate regulator is seeking penalty and disqualification orders against a financial adviser whose businesses allegedly earned $37 million for spruiking the collapsed First Guardian fund, a court has heard.
The Full Federal Court has shot down billionaire Clive Palmer's bid to revive misconduct claims against former ASIC chair James Shipton, calling his case "little more than houses of cards".
The Fair Work Ombudsman has launched legal action in the Federal Court against childcare operator G8 Education over allegations of underpayments, seeking compensation of over $2 million for 1,400 workers.
Though previously acknowledging it "could have been clearer" Microsoft has hit back at claims it duped millions of customers into upgrading to more expensive product plans, saying its cheaper, 'legacy' plan was only available to subscribers who sought to cancel.
Competition lawyers are watching with interest to see if Coles appeals the ACCC's decision to block its proposed acquisition of a leasehold interest in a site in Kalgoorlie, with a tribunal review to provide a valuable early test of the new merger regime.
Hugo Boss has failed in its challenge to jeweller Monizi's 'with Bossa' trade mark, after an IP Australia delegate found a consumer of ordinary intelligence would distinguish it from the German fashion label's brand.
An illegal online poker company, its director and a promoter of its service have been hit with a combined $24 million in penalties, with a judge doubling the penalty ACMA recommended against the promoter.