CCH Australia - News - Corporate & Business Law

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PRESS REVIEW

20 June 2013

Watchdog fines iiNet $102,000 over fine print

Internet and telephone provider iiNet has been fined $102,000 by the competition watchdog for failing to prominently state the total minimum price payable for its Naked DSL service on a Sydney bus advertisement. (Sydney Morning Herald)

Lehman's US arm pulls plug

Local councils that lost millions on investments made through Lehman Brothers have suffered a major setback, after the US arm of the failed bank blocked a deal that would have delivered the investors up to $210 million. (The Age)

Treasury warned on super earnings tax

Executives from the SMSF Professionals’ Association have met with federal Treasury officials warning them about the impact the proposed 15 per cent tax on super investments above $100,000 will have. (Australian Financial Review )

ASIC’s Newcrest probe includes analysts

The Australian Securities and Investments Commission will meet analysts, as part of its investigation into Newcrest Mining’s potential selective briefing. (Australian Financial Review )

ASIC may face Senate inquiry over CBA

The corporate regulator, ASIC, may be forced to face a special Senate inquiry for failing to act sooner on whistle-blower complaints into serious problems uncovered at the Commonwealth Bank. (Australian Financial Review )

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Select News

	$93m lost in scams
	The Australian Competition and Consumer Commission (ACCC) has released Targeting Scams, a report which shows that Australians lost around $93m in 2012 due to scams.
	Federal ban on synthetic drugs
	The Federal Government has put into place an interim ban on a number of synthetic drugs pursuant to the product safety provisions of the Australian Consumer Law.
	Government seeks submissions on franchising review
	The Federal Government has released a consultation paper on the recommendations made earlier this year by the independent Review into the Franchising Code of Conduct.
	Katter and Oakeshott target supermarket dominance
	Two private members Bills targeting the big supermarkets have been introduced into parliament.
	Good faith in contract: dodo or phoenix? — New subchapter
	The Hon Justice Margaret Beazley AO, President, New South Wales Court of Appeal in conjunction with her legal researcher Myles Pulsford, has authored a new subchapter titled “Good faith in contract” in CCH’s Australian Contract Law Reporter.
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