Victoria to force agents to publish property reserve prices in crackdown on underquoting

Real estate agents in Victoria will be legally required to reveal a property’s reserve price a week before auction, under nation-first laws to crack down on underquoting.The Allan government on Thursday announced that agents must publish the owner’s reserve price at least seven days before auction day or a fixed-date sale, under the reforms to be introduced to parliament next year.Real estate agents that fail to disclose within the timeframe will be unable to proceed to auction or sale.Illegal underquoting is an industry tactic used by some agents who advertise a property for less than the estimated selling price or the owner’s asking price. They do this to draw buyers in and drum up competition

Ocado shares fall 17% after US partner announces warehouse closures

The value of online grocer Ocado has fallen sharply after Kroger, its major partner in the US, announced the closure of three warehouses using the UK company’s high-tech equipment.Ocado signed a deal to build 20 automated warehouses – known as customer fulfilment centres – for Kroger, the US’s fourth largest retailer, in 2018. Eight of those facilities are currently operating with two more planned for next year. The deal was seen as a major part of Ocado’s plan to sell its online grocery delivery technology internationally.However, on Tuesday, Kroger said sites in Frederick in Maryland, Pleasant Prairie in Wisconsin, and Groveland in Florida would close in January

Uber hit with legal demands to halt use of AI-driven pay systems

Uber has been hit with legal demands to stop using its artificial intelligence driven pay systems, which have been blamed for significantly reducing the incomes of the ride hailing app’s drivers.A letter before action – sent to the US company by the non-profit foundation, Worker Info Exchange (WIE), on Wednesday – is understood to allege that the ride hailing app has breached European data protection law by varying driver pay rates through its controversial algorithm.James Farrar, the director of WIE, said: “Uber has leveraged artificial intelligence and machine learning to implement deeply intrusive and exploitative pay-setting systems that have damaged the livelihoods of thousands of drivers.“Through this collective action, we intend to get a fairer deal for drivers and ensure Uber is held financially accountable for the harm caused by this unlawful use of AI.“This case is … about securing transparent, fair and safe working conditions for all platform workers

Facebook and Instagram to start kicking Australian teenagers off platforms as social media ban looms

Australian Facebook and Instagram users under 16 will be notified starting Thursday that their accounts will be deactivated by 10 December, as Meta begins to comply with the Albanese government’s social media ban.Users affected by the ban will receive 14 days’ notice of their pending account deactivation through a combination of in-app messages, email and SMS before their access is cut off.The ban will affect users on Facebook and Instagram, as well as Threads, as an Instagram account is required to use that platform. Messenger is excluded from the ban – but Meta has had to develop a way for users to keep access to Messenger without a Facebook account as a result of the ban.Meta will begin stopping access to existing accounts and blocking under-16s from registering new accounts from 4 December, with access removed for all affected accounts by 10 December, the company said

The Ashes: what you need to know about the 2025-26 series in Australia

The first ball will be bowled in Perth on Friday at 10:20am local time, or 1.20pm AEDT in Sydney and Melbourne. In Brisbane, tune in just after midday.The Test schedule has shifted slightly this year. Adelaide no longer has a day-night Test, and instead the pink ball will be deployed at the Gabba in the second Test

Wimbledon’s expansion plans heading for court of appeal after judge’s ruling

Wimbledon’s battle to build 39 new grass courts on a nearby golf course has taken a fresh twist after local residents were granted permission to take a judicial review case to the court of appeal.Last year the All England Club (AELTC) was given approval by Jules Pipe, the London deputy mayor for planning and regeneration, to build the courts on what used to be Wimbledon Park Golf Club – a decision that was then endorsed in the high court on 21 July.However, the Save Wimbledon Park pressure group challenged that verdict and on Monday it was announced that Lord Justice Holgate had granted a judicial review of the court’s decision.Explaining the reasons for granting the order, Holgate wrote: “The grounds of appeal are arguable with a real prospect of success. The case law on scheme benefits, deliverability, relevance, material considerations and irrationality merits review