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Saturday, November 7, 2009
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Leading News Item
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ASIC: Promoter and director of Fuelbanc scheme arrested and charged Australian Securities and Investments Commission (ASIC) has announced that the former director of Fuelbanc Australia Limited (Fuelbanc), Stephen McDougall, of Noosaville, Queensland was arrested today in relation to his conduct as a director of Fuelbanc and the promoter of The Fuelbanc Scheme. November 5, 2009
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Legal News
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ASIC grants transitional relief from regulation for funded class actions Australian Securities and Investments Commission (ASIC) has announced its intention to grant transitional relief to lawyers and litigation funders involved in legal proceedings structured as funded class actions. November 5, 2009 ACCC says steer clear of sports investment schemes The Australian Competition and Consumer Commission (ACCC) said it has been working with the Queensland Office of Fair Trading, Queensland Police, the Australian Securities and Investment Commission and the Australian Taxation Office to develop coordinated enforcement and consumer education strategies to tackle sports investment scams. November 5, 2009 ACCC: Truck cartel costs Hino dealers $1 million The Australian Competition and Consumer Commission (ACCC) has announced the Brisbane Federal Court has ordered more than $1 million in total penalties against two truck retailers and three individuals in proceedings brought by the ACCC for price fixing and market sharing. November 5, 2009 ACCC launches Unit Man - helping consumers understand unit pricing The Australian Competition and Consumer Commission (ACCC) reports that a caped calculator character called Unit Man appears soon in supermarkets and grocery catalogues across Australia to help consumers better understand unit pricing. November 3, 2009 Fed: Smart grids to lead energy efficiency and renewable revolution Federal Environment Minister Peter Garrett, Energy Minister Martin Ferguson and Broadband Minister Stephen Conroy, have officially invited industry bids to transform Australia's energy grid through the Smart Grid, Smart City initiative. November 3, 2009 ACCC sees benefit in Virgin Blue and Delta joint venture The Australian Competition and Consumer Commission (ACCC) has issued a draft determination proposing to grant authorisation for a joint venture between Virgin Blue and Delta Air Lines on their flights between Australia and the United States (the trans-Pacific routes). November 3, 2009 ASIC: Former Hartz company wound up Australian Securities and Investments Commission (ASIC) announced it has obtained orders from the Federal Court in Tasmania to wind up R.R. & S.M. Powell Holdings Pty Ltd. November 3, 2009 ACCC institutes proceedings against Thai Airways for alleged price fixing of air freight The Australian Competition and Consumer Commission (ACCC) announced it has instituted proceedings in the Federal Court against Thai Airways International Public Company Limited. October 29, 2009
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Previous News
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ACCC proposes to approve long term port solution October 29, 2009 HIA: Interest rate rise push premature October 29, 2009 HREOC: Report of human rights breaches tabled in Parliament October 29, 2009
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