Business News

A $100 million fine for ‘appalling’ predatory sales practices caps a horror week for Optus

Written by Jeannie Marie Paterson, Professor of Law (consumer protections and credit law), The University of Melbourne

A Federal Court judge on Wednesday ordered Optus to pay a A$100 million fine for its “appalling” high-pressure sales tactics over several years up to 2023. More than 400 people were pressured or misled into buying phones or contracts they didn’t want, couldn’t afford – or in some cases couldn’t even use.

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A $100 million fine for ‘appalling’ predatory sales practices caps a horror week for Optus

Is the capital gains tax discount an act of intergenerational ‘bastardry’?

Australia was once a world leader in innovation. A new report shows the system is now ‘broken’

Yes, what you think about inflation can influence what the RBA does next

Why millions of JB Hi-Fi customers are getting these texts and emails about a court case

RBA narrowly votes to lift interest rates. The Middle East war may determine if there’s more to come

The Iran crisis is hitting KiwiSaver balances – but market volatility can work for you too

Traditions of Rural Bali at Villa Sabana

Essential Reasons to Opt for a Professional Valuation Before Selling Your Commercial Property

Generous perks equals happy workers? Not always. Here’s what employees really want

Aussies turning to handbags to invest in

Sky-high mortgages, 7.1% inflation, and a 20% chance of recession. How the Conversation's panel sees the year ahead

Launchd Acquires WeAreTENZING as ANZ Creator Economy Spend Nears $1 Billion

Time to punch above our weight and stop shadowboxing on AI

Colter Bay Capital Launches as Australia’s Newest Institutional Private Credit Fund

Global Thryv voices bring a sharper lens to International Women’s Day

AI curiosity fuels new wave of employee-led innovation in Australia

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