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A former director of insolvent Telstra dealer Cap Coast Telecoms and two former insolvency advisors have been charged with laundering money and breaching their director duties.
Westpac wants court to raise the bar for ‘personal advice’ finding
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Westpac has followed ASIC’s lead, launching a separate appeal to a ruling that it provided financial advice but not personal advice as part of a campaign encouraging customers to roll over external superannuation accounts.
Boehringer hits Teva with counterpunch in inhaler patent battle
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German pharmaceutical company Boehringer has struck back at a patent lawsuit brought by Teva, filing a cross-claim alleging Teva is threatening to infringe three of its patents related to its blockbuster inhaler Spiriva with the planned launch of a competing inhaler in Australia.
CFMMEU abused safety officer at Qube work site, ABCC says in new action
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The Australian Building and Construction Commission has brought a new lawsuit against the CFMMEU, alleging the union organised unlawful industrial action and verbally abused a health and safety advisor at a Queensland building site.
Google, US groups slam ACCC’s digital platforms report
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Google has criticised the ACCC’s proposals for stricter oversight of digital platforms, saying the regulator has not identified any problems that couldn’t be addressed with its current powers, a concern echoed by US-based competition and industry groups, which warned the proposals could harm competition.
Travelex faces $1.3M lawsuit by former managing director
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A former managing director at global foreign exchange giant Travelex has filed a lawsuit against his former employer, seeking over $1.3 million in compensation and damages.
ACCC probes $231M sale of Origin Energy’s Ironbark project to APLNG
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The Australian Competititon and Consumer Commission is investigating the proposed $231 million acquisition of Origin Energy’s Ironbark gas project in Queensland to Australia Pacific LNG.
Auto electronics maker Redarc puts brakes on patent infringement case against B8
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Auto electronics maker B8 Systems has settled a patent suit brought by rival Redarc Group and has agreed to stop selling its allegedly infringing vehicle brake controller in Australia.
Shark Tank fashion start-up fined $329k for underpaying workers
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Her Fashion Box has been hit with a $329,133 fine for underpaying three workers, including a graphic designer who worked as an unpaid intern for the fashion start-up for six months.
ABC settles Michelle Guthrie’s unfair dismissal case
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The ABC has reached a settlement with ousted managing director Michelle Guthrie in her suit accusing the national broadcaster of unfairly sacking her.