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Netwealth admits First Guardian failures in ASIC case, will pay $100M
Financial Services 2025-12-18 11:16 pm By Christine Caulfield

Super trustee Netwealth has agreed to return over $100 million to members who invested their retirement savings in the First Guardian Master Fund, in the latest action by the corporate regulator over the failed fund.

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ACCC opposes Yamaha’s bid to acquire boat maker Telwater
Competition & Consumer Protection 2025-12-18 11:38 pm By Cat Fredenburgh

The ACCC has opposed Yamaha Motor’s proposed acquisition of aluminium trailer boat maker Telwater, saying it would result in the substantial lessening of competition in the wholesale supply of outboard motors.

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ACCC approves Coles supermarket lease acquisitions after divestment
Real Estate 2025-12-19 11:55 pm By Julia Kanapathippillai

The ACCC has given Coles the green light to acquire two leasehold interests to launch new supermarkets in Melbourne’s rapidly developing west after the supermarket giant agreed to divest its ownership and interest in its Kororoit Town Centre site.

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Apple wants to rob judgment of ‘bite’ in Epic Games case, court told
Competition & Consumer Protection 2025-12-17 11:15 pm By Cindy Cameronne

Orders proposed by Apple after a judge’s finding that the digital giant and rival Google engaged in anti-competitive conduct would “rob the court’s findings of their detail, their efficacy and their bite”, Epic Games has said.

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Former Bruck Textile CEO has conviction overturned
White Collar 2025-12-17 11:09 pm By Julia Kanapathippillai

An appeals court has quashed the conviction of the former CEO of Bruck Textile Technologies, finding it was not open to the court to convict him despite his guilty plea.

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‘No way to break glass ceiling’: FWC raps non-profit for cuts to men’s pay
Employment 2025-12-16 11:04 pm By Andy Sidler

The Fair Work Commission has criticised a non-profit after two male social workers were demoted and their pay docked by $10,000 to address complaints by their female colleagues about pay disparity. 

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ACCC takes HelloFresh, Youfoodz to court over alleged subscription traps
Competition & Consumer Protection 2025-12-16 11:46 pm By Sam Matthews

The ACCC has filed proceedings against home meal delivery giants HelloFresh and Youfoodz, seeking compensation for tens of thousands of customers who were allegedly charged a fee after cancelling their subscriptions.

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Academic axed for touching student’s hair wins job back
Employment 2025-12-16 11:53 pm By Julia Kanapathippillai

The Fair Work Commission has ordered the reinstatement of an academic who was found to have been unfairly sacked by SAE Institute after touching a female student’s hair.

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Platinum insider trader must surrender passport ahead of sentencing
White Collar 2025-12-15 11:35 pm By Christine Caulfield

Investment manager Rodney Forrest must hand over his passport to an ASIC investigator before his sentencing next month for trading in shares in Platinum Asset Management armed with insider intelligence.

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Class action targets government’s ‘unlawful’ card payment surcharges
Class Actions 2025-12-12 11:55 pm By Cindy Cameronne

Fresh off a record settlement for the Robodebt scandal, the government is facing a new class action over a law that retroactively allowed it to impose card payment surcharges, which the suit says amounts to unjust enrichment.

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