#Penalty
Fitness First pays penalty after alleged payment breach
Fitness chain pays penalty fee.
ASIC taskforce recommends tripling penalties for corporate & financial sector misconduct
The taskforce charged with reviewing ASIC’s enforcement powers, including penalties regime, has recommended nearly tripling penalties for corporate and financial sector misconduct. In a position paper, published this week, The ASIC Enforcement Review Taskforce expressed concern that penalties available to address corporate and financial sector misconduct are inadequate, inconsistent or too low to act as a […]
Electronic Bazaar operator fined $100,000 for misleading customers
The operator of online electronics store Electronic Bazaar has been fined $100,000 for misleading customers regarding refunds and the liability for faulty goods.
NIB fined $10,000 for misleading waiver claims
The Australian Competition and Consumer Commission has fined NIB Health Funds $10,200 for misleading advertising about the waiting period for “Extras” cover.
AGL penalised $1 million for misleading discount claims
The South Australian arm of electricity retail giant AGL has been penalised over $1 million for misleading customers on the discounts they would receive under the company’s energy plans.
$10,200 penalty for Aussie Beer made in China
The Australian Competition and Consumer Commission (ACCC) has issued the Independent Liquor Group (ILG) with a $10,200 penalty for misleading consumers with its “Aussie Beer” line of alcohol.
Cleaning company fined $500,000 for offences
A Melbourne cleaning company has been fined half a million dollars in proceedings by the ACCC.
$24,000 penalty for underpaying $6,000
The former owner and operator of a Sydney hair and beauty salon has been fined a total of $24,480 for underpaying a teenage apprentice $6,471.
iiNet penalised $204,000 for unclear advertising
iiNet has been ordered a penalty of $204,000 after it was found recent advertisements failed to prominently state the total minimum price of their Naked Broadband 250GB Plan.