Storm Financial directors struck with pecuniary penalties
5 April 2018
The Federal Court has imposed pecuniary penalties, injunctions and disqualifications against Mr and Mrs Cassimatis for breaching their directors duties.
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All Mallesons Pulse Posts
All Mallesons Pulse Posts
First the penalties, now the rest – a Bill to implement the other ACL reforms introduced into Parliament
4 April 2018
With Federal Parliament already considering increases to the maximum pecuniary penalties for non-compliance with certain sections of the Australia Consumer Law (ACL) (see our article here), a Bill to implement other changes to ACL was introduced into Parliament on 28 March.
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Just a numbers game: OECD finds penalties too low
31 March 2018
ACCC resolves to re-think its approach to penalties based on OECD report finding that average Australian penalties are substantially lower than those imposed in comparable OECD jurisdictions for breaches of competition law
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ACCC’s Mortgage Pricing Inquiry fast accumulating interest
29 March 2018
The ACCC’s preliminary findings on the pricing of residential mortgage products have been highly anticipated by borrowers and lenders alike.
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Cementing a new record – Federal Court imposes highest ever $1 million penalty for construction industry secondary boycotts
8 March 2018
The ACCC’s priority focus on anti-competitive behaviour in the commercial construction sector lays solid foundations for 2018
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Fair warnings from February: Priorities, Penalties and Powers!
7 March 2018
February was a frenetic month: the ACCC released its 2018 priorities, two Bills on the ACL were released and the Productivity Commission released its draft report on competition in the Australian Financial System.
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The Best Laid Plans: West Australian Supreme Court rules on copyright in building drawings
6 March 2018
In Milankov Designs & Project Management Pty Ltd v Di Latte [2018] WASC 14, the WA Supreme Court has handed down a cautionary copyright tale to all prospective home builders.
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New Zealand pulls the trigger on cartel criminalisation
19 February 2018
Cartel conduct is set to become a criminal offence for the first time in New Zealand following the tabling of a new bill in Parliament.
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No eggscuses – ACCC releases guidance on new national standard
9 February 2018
The ACCC has issued guidance on the new National Information Standard on free range eggs.
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