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The ACCC’s chairman Rod Sims has fired a warning shot across the bows of Australia’s gas suppliers, saying high prices had put businesses at risk and urging them to do more to rectify the situation themselves.
High profile barrister steps aside in Gayle defamation appeal
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Leading defamation barrister Bruce McClintock, SC, has stepped down from representing cricketer Chris Gayle as an appeal by three media organisations against a $326,000 payout gets locked in for a June hearing.
Building cop gets lumped with more costs for ‘Cup of Tea’ case against CFMMEU
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The Australian Building and Construction Commission has been served another costs order after losing a case it brought against a pair of CFMMEU officials who visited a construction site at Melbourne Airport to have a cup of tea with a worker.
Ex-director, insolvency advisers charged with money laundering after ASIC probe
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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.