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Lorna Jane slapped with $5-M fine for ‘exploitative’ and ‘predatory’ advertising over COVID-19 claims

Lorna Jane slapped with $5-M fine for ‘exploitative’ and ‘predatory’ advertising over COVID-19 claims

Lorna Jane has been fined $5 million and labelled “predatory and exploitative” by the Federal Court after the popular activewear brand falsely claimed its clothes could eliminate COVID-19 and stop it spreading. During the deadly virus outbreak, the company claimed its anti-virus activewear had been sprayed with a substance called “LJ Shield”, which protected people...

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Australia joins international community in blaming China for large scale Microsoft hack

Australia joins international community in blaming China for large scale Microsoft hack

Australia has joined the United States and other allies in accusing China of engaging in “malicious cyber activities”, including a massive global hack on the Microsoft Exchange software that compromised tens of thousands of computers earlier this year. In a joint statement, the Ministers for Home Affairs Karen Andrews, Foreign Affairs Marise Payne and Defence...

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COVID-19 Disaster Payment applications open to some Sydney residents from Thursday

COVID-19 Disaster Payment applications open to some Sydney residents from Thursday

New South Wales residents across seven local government areas will be able to apply for the increased COVID-19 Disaster Payment as early as Thursday. Prime Minister Scott Morrison on Tuesday announced a new, joint state-and federally-funded support package for residents and businesses impacted by Sydney’s coronavirus outbreak. Under the package, from week four of a...

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Credit card debt rising among Aussies as lockdowns bite

Credit card debt rising among Aussies as lockdowns bite

Having a wad of credit cards may be out of favour but they’re still handy during a lockdown. Data released by the Reserve Bank on Wednesday shows a sharp U-turn in personal credit growth this year, after plunging in 2020 when many people raided their savings to pay down debt. Australians in May added almost...

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Union backs Aussie made amid virus issues

Union backs Aussie made amid virus issues

The Australian Manufacturing Workers’ Union has launched a campaign calling on the federal and state governments to back local workers and the products they make. The Support Aussie Made campaign urges governments to tweak industry regulation to better support growth in manufacturing, describing disruptions to local production during the coronavirus pandemic as the “wake-up call”...

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ASX falls on first day of new financial year

ASX falls on first day of new financial year

The Australian share market has stumbled into the red on the first day of the new financial year and share-trading platform Robinhood has been fined more than $90 million for misleading customers. Losses on the All Ordinaries index deepened in afternoon trade with coronavirus lockdowns and financial stocks weighing on the market. It dropped 0.6...

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Asian Renewable Energy Hub plan for WA rejected by federal government on environmental grounds

Asian Renewable Energy Hub plan for WA rejected by federal government on environmental grounds

Proponents of the world’s largest renewable energy project are facing a significant hurdle, with the federal Environment Minister rejecting plans for a WA hub. The federal government-backed plans for the Asian Renewable Energy Hub (AREH) in the Pilbara last year, granting the venture major project status. However, new environmental approvals were needed after the group...