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0414 531 411

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The ex-CEO of Australian Bight Abalone (ABA), has been found guilty by the South Australian District Court on 17 counts of providing false or misleading information to ABA's Board and prospective investors, in particular relating to its abalone harvesting prospects. ABA was Australia's largest...

ACCC Chairman Rod Sims has warned Aussie business that his competition watchdog won’t protect them from competition, as they face the prospect of the arrival of Amazon in Australia. He was speaking on recent changes to the Competition and Consumer Act 2010 (CCA), especially the revised s46,...

In proceedings brought by the ACCC, the Federal Court has found that Meriton Property Services Pty Ltd engaged in misleading or deceptive conduct in relation to reviews of its hotels on the TripAdvisor website by taking steps to prevent guests it suspected would give an unfavourable review from...

After what seems like an interminable period, the majority of competition law reforms recommended by the 2015 Harper Committee review were passed by Federal Parliament in late October. This follows on the passing of long awaited changes to the market power misuse regime, which took effect in August...

ANZ and NAB have struck an eleventh-hour deal with ASIC over its Federal Court action in which it claims that ANZ, NAB and Westpac engaged in unconscionable market conduct in 2010-2012 by manipulating the bank bill swap rate (BBSW), the key interest rate benchmark for interbank lending. ANZ is...

In the first court action by the ACCC to enforce new laws that protect small businesses from unfair contract terms, the Federal Court has declared that eight terms in the standard form contract used by JJ Richards & Sons Pty Ltd (JJ Richards) for its small businesses customers are unfair and...

National Warranty Company (NWC) has agreed to make changes to its extended vehicle warranty (ETW), which is mainly sold through used-vehicle dealerships, following concerns raised by the ACCC. The ACCC was concerned that: the product name, ‘Extension to Manufacturer’s Warranty’, could...