Concerned that First Nations customers are being targeted, the corporate regulator has ordered the owner of the Urban Rampage clothing chain to end Centrepay credit facilities.
The corporate regulator is seeking to stay proceedings brought by Clive Palmer challenging the lawfulness of a seven year-old compulsory examination being used in a criminal case against him, arguing the billionaire’s litigation is an abuse of process.
Fashion retailer Mosaic Brands has flagged various COVID-related defences to a case brought by the Australian Competition and Consumer Commission alleging it failed to deliver several hundred thousand products to customers within advertised time frames.
Sydney lawyer and wealth guru Dominique Grubisa is challenging a finding in an ACCC case that her seminars made misleading statements and has sought to pause the court action until her appeal is heard, a bid a judge has warned won’t be “favourably received” by him.
The head of the Australian Securities and Investments Commission has urged businesses not to put off compliance with mandatory climate disclosures until after legislation has passed, saying while it was too early for the regulator to set out an enforcement plan, it wasn’t too early to be prepared.
The Environmental Defenders Office has lodged a complaint with ASIC on behalf of a member of UniSuper, accusing the Australian superannuation fund of greenwashing its products by mislabelling them as ‘sustainable’.
A judge has expressed concern that a “bizarre” last-minute settlement in a long-running case against the CFMEU could damage the public perception of the FWO as a model litigant, saying it could appear that the ombudsman treated some perpetrators as “more equal” than others.
A subsidiary of hospitality giant Mantle Group has failed to set aside a Fair Work Commission decision finding it systematically underpaid employees and gave “knowingly false” evidence, with an appeals court refusing to find the decision gave rise to the appearance of bias.
Australians who sank $21.2 million into crypto firm NGS Crypto, including their retirement savings, may have been misled about the safety of their investments, according to an investigation by the Australian Securities and Investments Commission.
The founder of ASX-listed bottled water company Eneco Refresh has been slapped with an 18-month suspended sentence after pleading guilty to market manipulation.