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‘A war on two fronts’: No relief in sight for companies battling multiple privacy class actions
Privacy & Cybersecurity 2024-02-28 11:01 pm By Cindy Cameronne

More companies may find themselves in the position of Medibank — which recently failed to stay representative proceedings before the privacy regulator while a related class action is on foot — so long as the laws remain unchanged, and law firms are willing to gamble on privacy class actions.

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Lawyer’s belief about paralegal underpayments ‘unreasonable’, judge finds
Employment 2024-02-28 5:19 pm By Cindy Cameronne

A Sydney law firm and its principal have been fined $14,400 for disobeying a Fair Work Ombudsman compliance notice issued for the alleged underpayment of a paralegal, with a judge saying the lawyer’s belief she did not owe any wages was “unreasoned and unreasonable”. 

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ASIC opens criminal investigation into director of crypto platform Blockchain Global
Cryptocurrency 2024-02-27 5:57 pm By Cindy Cameronne

The Australian Securities and Investments Commission has won a travel ban against a former director of collapsed cryptocurrency platform Blockchain Global while the regulator investigates suspected criminal offences. 

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Auction site Grays to cop $10M penalty for misleading car info
Competition & Consumer Protection 2024-02-26 3:23 pm By Cat Fredenburgh

Online auction business Grays has agreed to pay a $10 million penalty for engaging in misleading and deceptive conduct by posting hundreds of descriptions of cars for sale on its website that contained incorrect information.

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Bingo, Aussie Skips hit with $33.5M in cartel penalties, CEOs get community service
Competition & Consumer Protection 2024-02-23 12:52 pm By Sam Matthews

A judge has sentenced the former CEO of Bingo Industries to two years’ imprisonment to be served in the community and imposed $30 million in penalties against the waste company for a cartel arrangement with rival Aussie Skips, which copped fines of $3.5 million and an 18 month’ intensive corrections order for its boss. 

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Medibank can’t halt class action-style complaint to OAIC over data breach
Privacy & Cybersecurity 2024-02-22 2:22 pm By Cindy Cameronne

A judge has dismissed a bid by Medibank to restrain the Office of Australian Information Commissioner from proceeding with a class action-style complaint on behalf of millions of the private health insurer’s customers affected by an October 2022 data breach.

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HWL Ebsworth faces OAIC investigation over data breach
Privacy & Cybersecurity 2024-02-21 11:58 am By Sam Matthews

The Australian Information Commissioner has launched an investigation into the personal information handling practices of law firm HWL Ebsworth following a cyberattack that saw the firm’s data dumped on the dark web. 

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Clive Palmer takes fight over criminal cases to the High Court
Appeals 2024-02-21 10:51 pm By Cat Fredenburgh

Mining giant Clive Palmer has asked the High Court to hear his challenge to a court’s finding that lawsuits he brought challenging two criminal cases against him over a takeover bid and payments to his political party were themselves an abuse of process and should be stayed.

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ACCC faced ‘formidable obstacle’ in fight against ANZ, Suncorp merger
Analysis 2024-02-20 10:30 pm By Cindy Cameronne

The ACCC’s rejection of a $4.9 billion merger between ANZ and Suncorp was hardly surprising given the concentrated nature of the home loans market, but the competition regulator faced an uphill battle in having the decision upheld, an expert says.

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ACCC’s decision blocking $4.9B ANZ, Suncorp merger overturned by competition tribunal
Competition & Consumer Protection 2024-02-20 9:56 am By Cindy Cameronne

The ACCC’s decision to block a $4.9 billion merger between ANZ and Suncorp has been set aside, with a tribunal finding the transaction will not substantially lessen competition in the home loans market or for agribusiness and SME clients in Queensland. 

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