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ClearLoans agrees to $6M penalty in ASIC’s first COVID-19 case against lender
Financial Services 2023-02-02 3:19 pm By Sam Matthews

Personal lender ClearLoans and its parent company have agreed to pay penalties of just over $6 million to settle the first COVID-19 related case brought […]

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Ex-Nuix director wants class action shelved until ASIC case wraps up
Class Actions 2023-02-02 4:12 pm By Sam Matthews

A former Nuix director has made a bid to stay a shareholder class action, which accuses the software company of failing to alert the market […]

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Judge asks GetSwift GC why he didn’t call out directors for being ‘bullies’
Securities 2023-01-31 8:05 pm By Cindy Cameronne

A judge has grilled the former general counsel of defunct logistics company GetSwift about why he did not confront the company’s directors for “bullying” other […]

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Recidivist CFMMEU dodges calls for penalty ‘towards the maximum’ in FWO case
FWO 2023-01-31 4:28 pm By Sam Matthews

A judge has rejected arguments by the Fair Work Ombudsman that the CFMMEU should be slugged with a penalty close to the maximum for the […]

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Judge ‘confused’ by ACCC’s rejection of $1.8B Telstra, TPG mobile network deal
Competition & Consumer Protection 2023-01-30 4:49 pm By Cindy Cameronne

The ACCC’s rejection of a regional network arrangement between Telstra and TPG was “confusing” and the telecos might be free to vary the transaction, says […]

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ACCC takes aim at social media influencers
Social Media 2023-01-27 1:50 pm By Sam Matthews

The Australian Competition and Consumer Commission has begun a sweep of social media platforms over concerns about “manipulative marketing techniques” employed by influencers. The regulator […]

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Financial planner pleads guilty to dishonesty on eve of criminal trial
Financial Services 2023-01-25 11:38 pm By Christine Caulfield

Melbourne stockbroker Bradley Grimm has pleaded guilty to charges of dishonesty following an investigation alleging Grimm — whose wife is a former ASIC employee — […]

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Sleeping Virgin flight attendant’s dismissal not unfair, FWC finds
Aviation 2023-01-24 5:08 pm By Cindy Cameronne

A full bench of the Fair Work Commission has overturned a ruling that a Virgin Australia flight attendant was unfairly sacked, finding she breached the […]

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Companies hit with $150,000 penalty for failing to cooperate with AFCA
Financial Services 2023-01-24 6:08 pm By Sam Matthews

Two home finance companies and their father-son directors have been hit with $150,000 in penalties after a judge found they failed to cooperate with the […]

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FWO accuses Super Retail Group of underpaying employees $1.14M
Employment 2023-01-20 1:57 pm By Sam Matthews

The Fair Work Ombudsman has filed court proceedings against the owner of Super Cheap Auto, Rebel Sport, Macpac, BCF and Ray’s Outdoors for allegedly underpaying […]

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