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Commonwealth Bank of Australia has admitted a breach of data affecting nearly 20 million accounts, but said Thursday there was no evidence that customers’ details were stolen.
Pharma regulator seeks input on ad complaints
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The Therapeutic Goods Administration is seeking feedback on its proposed process for handling advertising complaints when stricter new advertising rules for therapeutic products take effect later this year.
Patents for ubiquitous fruit containers are valid, judge rules
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A company that owns two innovation patents covering the ubiquitous produce containers in Australian grocery stores has successfully defended the validity of the inventions against claims they were neither inventive nor new.
ABC censured for ‘pejorative’ Tony Abbott remark
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A statement by ABC News political editor Andrew Probyn calling former prime minister Tony Abbott “the most destructive politician of his generation” breached the media organisation’s impartiality provisions, the Australian Communications and Media Authority has found.
Network Ten’s stake in TXA must go to rivals for $1, court orders
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Network Ten will be forced to transfer the entirety of its shares in joint venture TX Australia to rival free-to-air networks Seven West Media and Nine Entertainment for a paltry $1, following a court ruling Tuesday.
Financial complaints board takes shape
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The Australian Financial Complaints Authority is gearing up for a launch later this year, with four new board members announced this week.
Heinz appeals ruling over sugary kids snacks
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H.J. Heinz Company Australia Ltd has filed an appeal after a Federal Court found it made misleading claims about the health benefits of its Little Kids Shredz products.
Wheelie bin battle rolls into damages phase
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Wheelie bin maker Mastec Australia needs a broad range of evidence to calculate the damages resulting from the misuse of its bin designs by rival Trident Plastics, a court heard Monday.
Funder feud could force Bannister Law off Ford class action
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A dispute with litigation funder Martin Place Litigation Services has cast doubt over whether Bannister Law can continue to lead a massive class action against Ford, the Federal Court heard Tuesday.
Judge oks brother’s suit against LiveTiles CEO Karl Redenbach
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The founder of Microsoft solutions provider nSynergy has been given the greenlight to bring a derivative suit against his brother and co-founder Karl Redenbach, alleging Redenbach diverted tens of millions of dollars in nSynergy’s assets — including software company LiveTiles.