ACCC swipes at Mastercard for alleged interchange rate agreement with retailers

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The ACCC has taken Mastercard to court for allegedly misusing its market power by giving major retailers discounted interchange rates in exchange for them agreeing to process their debit card transactions through Mastercard instead of the cheaper eftpos network.

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ANZ wrongly slapped customers with cash advance fees, ASIC claims

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The Australia and New Zealand Banking Group hit hundreds of thousands of customers with cash advance fees after providing them with incorrect account balances, and the Big Four bank has still not rectified the problem, ASIC alleges in new civil penalty proceedings.

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‘Welfare dependency’ relevant in age pension class action, court told

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Fighting a class action that claims the age pension discriminates against Indigenous Australians because of differences in life expectancy, the Commonwealth says the rate of welfare dependency among Aboriginal and Torres Strait Islanders could impact the case.

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Ben Roberts-Smith to call last-minute witness over alleged Easter Sunday killing

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Alleged war criminal Ben Roberts-Smith has won a bid to call a troop commander known as Person 81 in his defamation trial against Fairfax Media, despite the media company’s objections.

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Crown out of luck in $100M battle with ATO as High Court refuses leave

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The High Court has dismissed Crown Resorts’ bid for special leave to appeal in a $100 million dispute over GST assessments on commissions and rebates paid to tour operators that directed international VIP gamblers to two of its casinos.

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In tossing inventor’s IP challenge, Full Court says essential oil a ‘staple commercial product’

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The Full Federal Court has rejected an Australian inventor’s appeal of a ruling that found three manufacturers of essential oil products did not infringe his patent because the oil was a “staple commercial product”.

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Seeley challenge to ‘natural cool air’ trade mark gets chilly reception

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Air-conditioning giant Seeley is appealing a decision by IP Australia shooting down its bid to block a father-son team from registering their ‘Natural Cool Air’ trade mark.

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