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US-based keg pooling company Kegstar has offered the ACCC a court-enforceable undertaking under which it would not enforce exclusivity provisions in its contracts for three years, in a bid to secure approval for its proposed acquisition of the assets of rival Konvoy.
Superannuation trustee Diversa is facing an investigating by the Australian Prudential Regulation Authority into its executive remuneration practices.
Super trustee Diversa has denied it is liable for $300 million in alleged investor losses after it made the First Guardian Master Fund available on its platform, pointing the finger at responsible entity Falcon Capital, its directors and ASX-listed promoter Praemium.
The privacy watchdog has found fertility provider Monash IVF and telehealth company Medmate interfered with the privacy of people whose sensitive data was collected online for targeted advertising.
Charles Darwin University has agreed to backpay over $4 million to over 800 casual employees as part of an enforceable undertaking with the Fair Work Ombudsman, the latest Australian university to admit to underpaying staff.
A financial licensing expert has predicted that cryptocurrency firm Block Earner will have to produce the legal advice that saw it avoid a penalty at first instance, after the High Court found last week that it needed a financial services licence.
A judge has approved a $550 million settlement in a class action over the Morrison government’s Robodebt scheme but has halved a funder’s payout to $35 million, despite arguments that it was unprecedented to award a single digit percentage commission.
Advice platform JustAnswer has agreed to a $10 million penalty in the consumer’s watchdog’s case accusing the company of duping customers into signing up for expensive monthly subscriptions.
The ACCC has dragged weight loss company Miyagi and its boss, Shane Da Costa, to court alleging they breached consumer laws by including unfair contract terms and false and misleading representations.
Storage King has failed in its opposition to a trade mark application by Sydney-based Rubbish Removal Kings, with IP Australia saying 'king' was a “common laudatory word".