Consumer Protection

Fair Trading Suspends Agent for Misrepresentation, Disqualifies Another for Fraud

NSW Fair Trading has suspended one real estate agent's license for 60 days due to misrepresenting prices and failing to pass on offers. In a separate action, another agent was disqualified for five years and faces further investigation for misappropriating approximately $300,000 in trust funds.

NSW Fair Trading Suspends Real Estate Licence Pending Misconduct Action

NSW Fair Trading has suspended the real estate licence of Anthony Di Nardo for 60 days pending disciplinary action due to allegations of sexual misconduct. A Show Cause notice was issued, requiring a response by March 23, 2026, regarding why disciplinary action should not be taken.

NSW Fair Trading Suspends Strata Agent Licence Pending Investigation

NSW Fair Trading has suspended the licence of strata managing agent Ms Christine Ng pending an investigation into alleged misconduct, including failure to pay money into trust accounts and breaching conduct rules. The suspension prevents Ms Ng from operating as a real estate or strata managing agent.

NSW Fair Trading Warns Bondi United for False Terror Attack Links

NSW Fair Trading has issued a public warning against Bondi United for falsely claiming links to the Bondi Beach terror attack. The agency took action after investigations revealed misleading conduct, and the business has indicated it will offer refunds to consumers. This action highlights the government's commitment to protecting consumers from exploitation following tragic events.

Real Estate Agent Prosecuted for Fraud

NSW Fair Trading has prosecuted former real estate agent Dean Norburn for dishonestly obtaining $305,053 by deception. He was convicted and sentenced to an 18-month Intensive Corrections Order, 300 hours of community service, and ordered to pay $100,000 compensation.

FTC v. Walmart - Driver Pay Deception Settlement

The FTC and several states have reached a $100 million settlement with Walmart to resolve allegations that the company deceived delivery drivers about their base pay, incentives, and tips. This judgment aims to compensate drivers for lost earnings due to these deceptive practices.

FTC Charges Walmart Spark Driver with Deceptive Earnings

The FTC has charged Walmart Spark Driver with deceptive earnings claims, seeking a $100 million judgment. This action stems from allegations that the company misled drivers about their potential income. The FTC's enforcement action aims to hold Walmart accountable for these alleged misrepresentations.

FTC Requires Boeing to Divest Spirit AeroSystems Assets

The FTC has finalized a consent order requiring Boeing to divest certain Spirit AeroSystems assets as part of its $8.3 billion acquisition. This action resolves antitrust concerns raised by the FTC regarding the merger. The final order was issued on February 17, 2026.

FTC Orders Adamas to Cease No-Hire Agreements

The FTC has ordered Adamas Amenity Services LLC and its affiliates to cease enforcing anticompetitive no-hire agreements. These agreements restricted building owners and management companies from hiring workers employed by Adamas. The final consent order was issued on February 12, 2026.

CFPB Proposes Rules on Small Business Lending Data Collection

The Consumer Financial Protection Bureau (CFPB) has issued a Notice of Proposed Rulemaking (NPRM) regarding small business lending data collection under the Equal Credit Opportunity Act (Regulation B). The CFPB is seeking public comment on potential changes to transaction coverage, financial institution scope, small business definitions, data points, and compliance dates.