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Mastercard won’t be ready for March trial in ACCC case, court hears
Competition & Consumer Protection 2025-01-29 11:02 pm By Andy Sidler

Mastercard is staring down costs orders after telling a court it will seek to vacate an upcoming trial date in its fight with the competition regulator after technical difficulties slowed the discovery process. 

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Telstra cops $394,000 penalty for NBN speed testing failures
Telecommunications 2025-01-29 9:42 pm By Christine Caulfield

Telstra has paid a $394,380 penalty for shirking its obligation to check internet speeds when migrating customers to the NBN.

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Ultra Tune loses appeal of record $1.5M fine for contempt
Competition & Consumer Protection 2025-01-28 10:39 am By Cindy Cameronne

Ultra Tune has lost its appeal of a record $1.5 million fine for contempt after it failed to follow a court-ordered compliance program in proceedings brought by the consumer watchdog.

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Non-bank lender Firstmac hit with $8M penalty for DDO breaches
Financial Services 2025-01-24 10:23 pm By Andy Sidler

The Federal Court has slapped non-bank lender Firstmac with an $8 million penalty, the second doled out in ASIC proceedings for violations of the new design and distribution obligations.

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‘No flight risk’: ASIC can’t get travel ban on fund manager in probe over $35M
ASIC 2025-01-24 11:04 pm By Andy Sidler

Rejecting an urgent travel ban bid by the corporate cop, a court has cleared Melbourne businessman Rashid Alshakshir to fly to Indonesia, saying the evidence did not show he was a flight risk.

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Dominique Grubisa asks High Court to clarify accessorial liability
High Court 2025-01-23 4:06 pm By Sam Matthews

Wealth guru Dominque Grubisa wants the High Court to overturn a finding that she had actual knowledge her company’s statements were misleading, saying the case raises unresolved questions about accessorial liability.

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Gov’t throws Rex a lifeline with $50M debt acquisition
Aviation 2025-01-23 1:19 pm By Julia Kanapathippillai

The federal government will take on $50 million of Rex Airlines’ debt to keep the troubled regional carrier flying.

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Bakers Delight challenges reverse onus finding in Fair Work case
Employment 2025-01-22 5:24 pm By Sam Matthews

Bakers Delight has filed a challenge to a finding that it was subject to a statutory reverse onus aimed at employers, in a Fair Work Ombudsman underpayments case against a franchisee.

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NSW rail unions agree to end work bans amid pay dispute
Employment 2025-01-22 10:52 pm By Julia Kanapathippillai

Unions involved in Sydney’s rail worker pay dispute have agreed to pause all industrial action and revive negotiations with the NSW government on a new enterprise agreement. 

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Telcos to face $10M penalties for industry code breaches
Policy and Regulation 2025-01-21 10:46 pm By Julia Kanapathippillai

Telcos are set to face penalties of up to $10 million for breaching the industry code under a suite of proposed changes to the Telecommunications Act.

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