Australia: Class Actions

The Federal Court of Australia has ruled that Coles Supermarkets' 'Down Down' promotional pricing was misleading to consumers, despite the advertised prices being factually accurate. The case examines whether temporary price increases followed by promotional discounts constitute genuine savings, and establishes critical standards for how long a higher price must be maintained before retailers can legitimately advertise it as a discount reference point.

The role of legal teams as key players in managing organisational cyber risk is clear, with 76% of respondents reporting that legal functions are central to incident response.

The Australian federal government recently issued its response to the "report of the independent review of the changes to the continuous disclosure laws" prepared by Dr Kevin Lewis (Independent Review).