Accounting firm, related business ordered to pay $26 million in damages after misusing client intel
A Ballarat accounting firm, one of its directors, and an associated business have been ordered to pay $26 million in damages to former accounting clients after pursuing a business opportunity under consideration by those same clients.
ASIC appeals loss against Finder’s cryptocurrency product
ASIC is appealing the Federal Court's decision to dismiss its case against Finder Wallet and its cryptocurrency Earn product.
Uber “tech bros” attempted to “destroy” GoCatch, lawyers say
Taxi Apps, the company behind the app GoCatch, is suing Uber in the Supreme Court of Victoria. The company has also accused Uber of serious misconduct including corporate espionage and hacking competitor systems.
How an agreement with Warner Bros brought AFL’s Tasmania Devils to life
Tasmanians and their supporters would be surprised to learn that Warner Bros with an annual revenue of $US 26 billion could have stopped the use of the name of the newly formed franchise in its tracks.
Online florist Bloomex fined $1 million for fake ratings, misleading discounts
Online florist and gift retailer Bloomex has been fined $1 million for making false and misleading representations on its website.
Fines to double to $10 million for NSW companies found to be causing serious environmental damage
Businesses in NSW are set to face steeper penalties for environmental crimes, with the state government warning companies will no longer be able to treat fines as “the cost of doing business”.
ACCC takes Noni B, Millers owner to court over delayed online orders
Mosaic owns apparel brands including Millers, Rockmans, Noni B, Rivers, Katies, Autograph, W Lane, Crossroads and Beme.
Trial underway in alleged $13 million PAYG tax fraud case
More than 100 hours of secret police recordings will be played at the trial of a group of men accused of illegally withholding over $13 million of tax from the government.
Can antitrust laws really protect consumers from Big Tech’s dominance?
If the latest filing against Apple goes ahead, it will mean each of the “big four” tech companies – Amazon, Meta, Google and Apple – will have been sued by the US federal government within the past five years for monopolistic business practices.
‘Multiple systemic failures’: Telco cops $100,000 fine for breaching anti-scam laws
A telco has been fined more than $100,000 for failing to prevent mobile number fraud and reduce scam text messages over a five-year period.
Australia Post to pay businesses $2.9 million in compo for lost, damaged parcels
Compensation could include a credit to their Australia Post account, a payment to a nominated bank account or a cheque.
Review to target ‘black cladding’ practices that divert contracts away from Indigenous businesses
'Black cladding' is a practice where a non-Indigenous business takes unfair advantage to win otherwise inaccessible Indigenous deals.
