Please login to bookmark Close
Vodafone has been hit with a class action in the US alleging it failed to inform shareholders that it violated Australian law by selling pre-paid mobile phones without first verifying customers’ identities.
ANZ fined $5M over lending practices
Please login to bookmark Close
A Federal Court judge in Melbourne has slapped Australia and New Zealand Banking Group with a $5 million fine for failing to properly vet customers’ financial backgrounds when providing car loans.
New law targets predatory credit card lending
Please login to bookmark Close
A new bill that will crack down on predatory credit card lending practices sailed through Parliament on Thursday, the first reforms to pass in the wake of a Senate inquiry into the credit card market.
IP Australia offers court new reason to reject Rokt patent
Please login to bookmark Close
The Australian Patent Office wants the Federal Court to uphold its decision refusing an application by marketing technology start-up Rokt for a patent covering its online advertising system, offering fresh justification.
Royal Bank of Scotland settles class action at 11th hour
Please login to bookmark Close
The Royal Bank of Scotland has reached a settlement in a consumer protection class action on the eve of trial in the Federal Court.
Financial complaints watchdog set for 2018 launch
Please login to bookmark Close
Australian consumers will soon be able to lodge grievances with a new body for resolving complaints with financial institutions.
First criminal cartel case brought against Aussie co.
Please login to bookmark Close
In the first criminal prosecution of its kind against an Australian corporation, prosecutors on Thursday charged a Victorian health care company and its managing director over an alleged wheelchair cartel.
High Court says judges can make union officials pay
Please login to bookmark Close
Courts can stop union officials from seeking union cover to avoid paying court-issued fines for breaking the Fair Work Act, the High Court said Wednesday.
NSW appeals court upholds $7M judgment against teleco
Please login to bookmark Close
Wholesale satellite broadband provider Ipstar Australia has lost a bid to overturn a $7 million judgment against it for allegedly providing defective equipment and engaging in unconscionable conduct in violation of consumer law.
CFMEU hit with record $1M fine for secondary boycott
Please login to bookmark Close
The Construction, Forestry, Mining, and Energy Union has been hit with a record $1 million fine for secondary boycotts at construction sites around Melbourne, a big win for Australia’s consumer regulator in its five-year legal battle with the union.