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todayWednesday, 1 October 2014

Zen Telecom fined $220,000 for employees pretending to be from Telstra; Lorna Jane no longer for sale: Midday Roundup

The Federal Court has ordered Zen Telecom to pay $225,000 after its telemarketers breached Australian Consumer Law by pretending to work for Telstra, in a court case initiated by consumer watchdog the ACCC. by Eloise Keating and Andrew Sadauskas

yesterdayTuesday, 30 September 2014

SMEs dominate corporate insolvency rates; Telstra public WiFi trials to kick off in November: Midday Roundup

SMEs continue to dominate when it comes to corporate insolvencies in Australia, according to the corporate watchdog’s 2013-14 overview of reports provided by external administrators. by Eloise Keating

Monday, 29 September 2014

Petrol fixing case goes to court; Manufacturing industry turnaround; Sharemarket pain: Midday Roundup

Petrol retailers and convenience stores have faced the court to reject claims a third-party website listing petrol pump prices every 15 minutes enabled them to engage in price-fixing. by Cara Waters

Alarm bells ring for businesses as banks face economic spot fires on several fronts

The economic alarm bells are ringing as concerns emerge about a number of smouldering issues – and businesses could get burnt if a crisis erupts. by Neil Slonim

Friday, 26 September 2014

Apple pulls latest software update due to glitch; SMEs engage more with China than ASX 300 companies; Shares down on open: Midday Roundup

Apple has admitted its latest iPhone software update had a bug that caused users to lose the ability to receive calls. by Broede Carmody

Thursday, 25 September 2014

PayPal to offer small business loans in Australia; ASIC raids offices of collapsed funds management business: Midday roundup

PayPal will offer online working capital loans to small business customers in Australia in October. by Eloise Keating and Cara Waters

Wednesday, 24 September 2014

Concerns Woolworths’ 85 cent “Cheap, cheap bread” campaign could toast small businesses

Senator Nick Xenophon has called for the reintroduction of laws outlawing price discrimination, as concerns grow Woolworths’ 85 cent per loaf bread promotion is anti-competitive. by Andrew Sadauskas

Tuesday, 23 September 2014

Store owner to be charged with murder; “Free-range” egg claims cracked open by court; Local shares recover: Midday Roundup

The owner of a convenience store in Sydney that was destroyed by a fire that killed three people has been arrested at his hospital bed. by Kirsten Robb and Cara Waters

Small business wins on the effects test: What it means for you

The much-debated effects test is one step closer to reforming Australian competition law after the release of the Harper competition review yesterday – although small business can expect a watered down version. by Kirsten Robb
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