Pie Face in legal action, as former franchisee seeks $800,000 for misleading...
Australian franchise Pie Face is embroiled in a legal battle with a former franchisee, who is alleging the pie chain was misleading and deceptive when communicating the expected returns for the...
View ArticleColes cops court undertaking over misleading social media campaign
Coles has come under fire over a 2013 social media campaign in which it misled the public over the price of its milk and has agreed to a court enforceable undertaking. The Australian Competition and...
View ArticleMisconduct claims against liquidators fall
The number of misconduct claims made against Australian liquidators has fallen, a report published yesterday by the corporate watchdog has revealed. The Australian Securities and Investments...
View ArticleEnergyAustralia cops $1.2 million fine for unlawful door-to-door sales tactics
EnergyAustralia is the latest energy business to come under scrutiny for unlawful door-to-door sales tactics, with the company copping a $1.2 million penalty for making false and misleading...
View ArticleSensaSlim guilty of misleading franchisees by not disclosing conman’s...
SensaSlim Australia has been found guilty of misleading and deceptive conduct by failing to disclose conman Peter Foster’s involvement in the business in its franchise disclosure document. Foster was...
View ArticleMelbourne accountant jailed for three years after orchestrating $8 million...
A Melbourne-based accountant has been sentenced to three years in prison for fraud after dodging almost $8 million in tax in 2005. Stephen Lynne Wharton has been found guilty by the Supreme Court of...
View ArticlePrivatisation of ASIC corporate registry on the table
The federal government is considering privatising the Australian Securities and Investments Commission corporate register, providing a much needed cash injection for the government. The...
View ArticleCourt orders $1.4 million payment by Bibby Financial Services to sales...
Bibby Financial Services has been ordered to pay $1.4 million in compensation to its former sales director Ashley Sharma by the New South Wales Court of Appeal. The court dismissed Bibby’s appeal...
View ArticleRegulator forces NSW power companies to cut bills: How your business will...
Small businesses in New South Wales are set to save an average of $60 on their annual electricity bills, after a decision by the Australian Energy Regulator to force electricity distributors in NSW and...
View ArticleKitchenAid importer slammed for resale price maintenance
If you’ve ever wondered just why KitchenAid mixers are so expensive the answer may be in the acknowledgment today by Peter McInnes of concerns it engaged in resale price maintenance. Peter McInnes is...
View ArticleFormer Rich Lister and S Central chief executive in court on multimillion...
A former BRW rich lister and tech entrepreneur has appeared in the Melbourne Magistrates’ Court having allegedly orchestrated a multimillion dollar fraud against the National Australia Bank. Peter...
View ArticleTiny Tots falls foul of the ACCC for 1400 unsolicited agreements
Tiny Tots will refund consumers up to $50,000 after it was found the children’s photography business breached Australian Consumer Law. Tiny Tots has given the Australian Competition and Consumer...
View ArticleFlight Centre appeals $11 million fine for price-fixing
Flight Centre has appealed an $11 million dollar fine imposed by the Federal Court last month for anti-competitive behaviour. Federal Court judge John Logan handed down the multimillion-dollar penalty...
View ArticleSonray founder jailed for six-and-a-half years for role in $46 million collapse
The founder of failed brokerage firm Sonray Capital Markets has been jailed for six-and-a-half years for his role in the $46 million collapse of the company. The Victorian Supreme Court found Russell...
View ArticleAdvertising watchdog dismisses complaints over Gok's “offensive” Target bra ad
Complaints over a Target ad featuring celebrity fashion consultant and television presenter Gok Wan have been dismissed by the Advertising Standards Board. Target received a storm of criticism last...
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ASIC bans celebrity chef Justin North after $7 million restaurant collapse
The Australian Securities and Investments Commission has banned celebrity chef Justin North and his wife Georgina North from managing corporations following their involvement in the failure of three...
View ArticleCarlton & United Breweries slammed by ACCC over boutique beer claims
Carlton & United Breweries has entered into a court enforceable undertaking with the Australian Competition and Consumer Commission, after the beer giant admitted its labelling of Byron Bay Pale...
View ArticleVirgin Money coughs up $30,600 for misleading advertising
Popular insurance and home loan provider Virgin Money has paid more than $30,000 in penalties after the Australian Securities and Investments Commission found it misled customers through online and...
View ArticleQueensland government calls for boycott of Ben & Jerry’s ice-cream after...
A senior member of the Queensland government has called for a boycott of Ben & Jerry’s ice-cream products, saying the retailer has jeopardised jobs and tourism in the state through its “Reef Scoop...
View ArticleThe real problem with Abbott’s paid parental leave scheme
The federal government likes to present itself as a big supporter of parental leave, with its generous paid parental leave scheme one of Tony Abbott’s flagship policies. While commentators argue about...
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