In 2012, the ACCC commenced proceedings for the recovery of pecuniary penalties against Flight Centre, alleging that between 19 August 2005 and 16 May 2009 it had breached section 45(2)(ii) of the Trade Practices Act (the Act).
In a recent determination, the Financial Ombudsman Service (FOS) reduced the liability of a co-borrower who received no ‘real’ benefit from the loan.
Queensland’s Attorney-General, Yvette D’Ath, has today announced that the government will proceed with long-awaited class action reforms.
The Federal Court has found that foreign corporations can be found to have engaged in misleading or deceptive conduct when supplying goods or services to Australian consumers.
Small businesses, and those that deal with them, will soon have to review all of their standard commercial arrangements to ensure their terms are not unfair.
The Full Court of the Federal Court has upheld an appeal by Flight Centre against findings that it attempted to induce price fixing arrangements, and ordered that the penalty of $11 million be set aside.
The Full Court of the Federal Court has delivered another twist in one of Australia’s largest class actions, overturning the decision of the primary judge that some of ANZ’s bank fees were void for being penalties.
The Corporations Act 2001 (Cth) imposes a liability on financial advisers who engage in misleading and deceptive conduct to compensate a person who suffers loss by that conduct.
On 31 March 2015, the Australian Government released the final report of the Competition Policy Review.
The Full Court of the Federal Court recently upheld the validity of compulsory examination notices issued by the ACCC to Paul and Moses Obeid, sons of former NSW government minister Edward Obeid.
The ACCC has taken action after completing an investigation into Kia Motors’ capped price servicing advertisements.
This case, which was heard before Judge Barker of the Federal Court, was a consideration of the appropriate penalty to be granted.
Cooper Grace Ward acknowledges and pays respect to the past, present and future Traditional Custodians and Elders of this nation and the continuation of cultural, spiritual and educational practices of Aboriginal and Torres Strait Islander peoples.
Fast, accurate and flexible entities including companies, self-managed superannuation funds and trusts.