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Sydney University to pay $23M to underpaid staff in agreement with FWO
The University of Sydney will pay $23 million to over 14,000 current and former workers who were underpaid over an 8-year period as part of a deal with the Fair Work Ombudsman.
Law firms to join forces in class actions against Coles, Woolworths
Two law firms that were set to run competing class actions against Coles and Woolworths over alleged illusory discounts have reached an in-principle agreement to collaborate.
‘We will hold them to account’: ASIC accuses Rex of misleading market
The corporate copy has brought court action against Rex and four of its directors alleging the regional airline misled the market about its profits.
Telstra pays $3M penalty over Triple Zero outage
Telstra has been hit with a $3 million penalty for failing to follow emergency call rules during a Triple Zero outage in March.
‘Big gap’ in digital platform regulation despite new ACCC powers: expert
Proposed new regulations would give the ACCC a boost in targeting anti-competitive conduct by digital platforms, but a “big gap” remains in its powers, an expert told Lawyerly.
University of Melbourne to backpay $72M to underpaid staff
The University of Melbourne will backpay $72 million to 25,000 academics who were paid on a ‘words-per-hour’ or ‘time-per-student’ basis, a practice it now acknowledges was unlawful.
iSignthis wins fight to bring evidence of offers to settle with ASIC
Hoping for a discounted penalty, fintech iSignthis has won its bid to adduce evidence of without prejudice offers it made to reach a resolution with ASIC before the regulator took it to court.
Competition fears over Orikan’s proposed merger with parking rival
The Australian Competition and Consumer Commission has raised concerns about the proposed acquisition of parking management company Duncan Technologies by Orikan Group.
Google maintains stronghold on search despite regulatory changes: ACCC report
Google continues to dominate online search services in Australia, holding 94 per cent of the market share despite regulatory changes, the competition regulator said Wednesday.