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Record penalties of AU$438m ordered against Phoenix Institute and CTI for acting unconscionably and misleading students
The Federal Court of Australia has today imposed record penalties of AU$438m against former vocational college Phoenix Institute of Australia Pty Ltd (Phoenix) and its marketing arm Community Training Initiatives Pty Ltd (CTI) in proceedings brought by the ACCC and the Commonwealth.
The Court had previously found that Phoenix and CTI had acted unconscionably and misled students into thinking the vocational courses they were enrolling in were free and that they would receive “free” laptops when this was not the case.