ASIC slams banks for ‘unreasonable’ delays in fees-for-no-service reviews

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Most of the country’s major financial institutions have still not conducted a systemic review of their fees-for-no-service failures, according to ASIC, which called the delays “unreasonable”.

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Bellamy’s keeps up fight for cost capping in joint class actions

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Baby food maker Bellamy’s is not giving up its fight to limit the costs of two shareholder class actions against the company, lodging an appeal of a ruling that shut down its cost-capping bid as premature.

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Clayton Utz hands over AMP docs to ASIC, ending legal stoush

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Legal action brought by the corporate regulator over withheld documents at the centre of an investigation into AMP’s fees for no service conduct has settled, with law firm Clayton Utz producing the evidence on Thursday.

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‘Inoffensive drunkenness’ at work party not grounds for firing, FWC says

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An employee of electrical contractor Ryan Wilks who was fired for getting drunk at a co-worker’s farewell party can have her job back, the Fair Work Commission has found, saying most Australians would face the ax if “inoffensive drunkenness” were grounds for sacking someone.

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Doctor taped meeting where Ramsay Health unit CEO made alleged threats, trial hears

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A surgeon who was considering opening a health clinic in Coffs Harbour, NSW recorded one of the meetings central to the competition watchdog’s action against Ramsay Health, in which alleged anti-competitive threats were made by a CEO of two Ramsay units, a court has heard. 

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Maurice Blackburn to pause Fearless Girl promotions while State Street case plays out

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Maurice Blackburn has agreed to refrain from any marketing or promotion using a replica of the iconic New York statue, Fearless Girl, while it defends a trade mark lawsuit by State Street Global, the US asset management firm that commissioned the original statue.

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Bosses could go to jail under Morrison Government plan to tackle worker exploitation

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Employers could face jail time for underpaying staff under measures unveiled by the Morrison Government Thursday that also include extending the accessorial liability provisions of the Fair Work Act.

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