1 00:00:00,240 --> 00:00:02,200 Speaker 1: Now thanks to Lynn who sent me some info on 2 00:00:02,240 --> 00:00:05,640 Speaker 1: this last week, a class action filed against Cohl's and 3 00:00:05,720 --> 00:00:11,000 Speaker 1: Woolli's Sydney based law firm GMP Law lodging the lawsuit 4 00:00:11,039 --> 00:00:14,680 Speaker 1: in the Federal Court and consumers who join in could 5 00:00:14,680 --> 00:00:18,400 Speaker 1: get refunds ranging from two hundred dollars to thirteen hundred. 6 00:00:18,840 --> 00:00:22,040 Speaker 1: Let's have a chat to Diane Chapman, who is Special 7 00:00:22,040 --> 00:00:27,640 Speaker 1: Council Class Action Division at Girard Maloof and Partners in Sydney. Diane, 8 00:00:27,640 --> 00:00:30,880 Speaker 1: good morning to you, our good morning. So this is 9 00:00:30,920 --> 00:00:33,519 Speaker 1: about holding the retailers accountable. Does it come on the 10 00:00:33,520 --> 00:00:37,200 Speaker 1: back of the federal action against the Big two? 11 00:00:38,080 --> 00:00:41,440 Speaker 2: Yes, that's right. So our claim is a consumer claim 12 00:00:41,479 --> 00:00:46,000 Speaker 2: which is seeking refund a refund for consumers the Federal 13 00:00:46,000 --> 00:00:50,040 Speaker 2: court a triple C claim is actually a penalty claim, 14 00:00:50,520 --> 00:00:53,040 Speaker 2: so the money actually goes back to any penalty will 15 00:00:53,040 --> 00:00:54,040 Speaker 2: go back to the government. 16 00:00:54,560 --> 00:00:57,760 Speaker 1: How will people need to prove their odor refund? 17 00:00:58,240 --> 00:01:00,400 Speaker 2: So a lot of people, there's about to steen and 18 00:01:00,400 --> 00:01:02,520 Speaker 2: a half million people in Australia who are part of 19 00:01:02,520 --> 00:01:04,520 Speaker 2: the Colson will Worth rewards card. 20 00:01:07,480 --> 00:01:08,080 Speaker 1: Scheme plan. 21 00:01:08,400 --> 00:01:11,440 Speaker 2: So yeah, so Colson will Worth we believe already have 22 00:01:11,520 --> 00:01:15,880 Speaker 2: the data on people's purchases and whether they're bought in 23 00:01:15,920 --> 00:01:18,720 Speaker 2: the sales and when and all of those details. So 24 00:01:19,200 --> 00:01:22,360 Speaker 2: we're going to try and get that information from Coals 25 00:01:22,400 --> 00:01:24,800 Speaker 2: and will Work so that we can actually see exactly 26 00:01:24,800 --> 00:01:27,160 Speaker 2: how much people may have lost and then we can 27 00:01:27,200 --> 00:01:29,600 Speaker 2: provide them a refund on the difference in the pricing. 28 00:01:29,959 --> 00:01:32,160 Speaker 1: Okay, is there a cost for people signing up? 29 00:01:32,920 --> 00:01:36,280 Speaker 2: No, there's no costs at all, and there's no that 30 00:01:36,400 --> 00:01:38,400 Speaker 2: they won't be able to pocket at all. So at 31 00:01:38,440 --> 00:01:40,680 Speaker 2: the moment, all they need to do is register. We're 32 00:01:40,720 --> 00:01:44,560 Speaker 2: not getting anyone to sign conditional costs agreements or anything 33 00:01:44,640 --> 00:01:47,080 Speaker 2: like that. They just need to register on the website. 34 00:01:47,280 --> 00:01:50,920 Speaker 1: Okay. So what they need their rewards card number presumably 35 00:01:51,040 --> 00:01:52,760 Speaker 1: or details from that and the way you go. 36 00:01:54,040 --> 00:01:56,040 Speaker 2: Not even that at this stage. So we're just asking 37 00:01:56,080 --> 00:01:59,040 Speaker 2: them if they are a cost or will Worth rewards 38 00:01:59,040 --> 00:02:02,080 Speaker 2: card member. So there are other people who may not 39 00:02:02,160 --> 00:02:06,440 Speaker 2: be part of the Cosmon and we're word rewards card program. 40 00:02:06,840 --> 00:02:09,560 Speaker 2: So what we're going to do is seek a statutory 41 00:02:09,600 --> 00:02:13,600 Speaker 2: declaration from those people who may either have receipts or 42 00:02:13,639 --> 00:02:17,680 Speaker 2: believe that they have suffered a loss in relation to 43 00:02:17,720 --> 00:02:19,440 Speaker 2: those programs. During that period. 44 00:02:19,560 --> 00:02:23,120 Speaker 1: Okay, so this is when the illusionary shall we say, 45 00:02:23,560 --> 00:02:26,600 Speaker 1: discounts were there where the price might This is the 46 00:02:26,639 --> 00:02:29,680 Speaker 1: allegation the price might have been bumped up and then 47 00:02:29,919 --> 00:02:32,639 Speaker 1: pulled down above what it used to be, and you're 48 00:02:32,720 --> 00:02:35,080 Speaker 1: being told it's on sale at a special price when 49 00:02:35,120 --> 00:02:36,880 Speaker 1: it's actually more than the original price. 50 00:02:37,360 --> 00:02:38,400 Speaker 2: Yes, that's correct. 51 00:02:40,160 --> 00:02:43,320 Speaker 1: Is this guaranteed this action? I suppose nothing in court 52 00:02:43,320 --> 00:02:45,079 Speaker 1: ever is But you seem confident. 53 00:02:46,240 --> 00:02:48,560 Speaker 2: Yeah, well, we're pretty confident if the A Triple C 54 00:02:48,800 --> 00:02:51,160 Speaker 2: is bringing a claim on behalf of the government, so 55 00:02:51,520 --> 00:02:55,600 Speaker 2: we basically piggyback that we do consider it's a good claim. 56 00:02:55,639 --> 00:02:58,119 Speaker 2: The A Triple C claim is a good claim, and 57 00:02:58,280 --> 00:03:01,480 Speaker 2: we feel that the people who have been wronged and 58 00:03:01,520 --> 00:03:03,679 Speaker 2: who are out of pocket are actually the customers, so 59 00:03:04,440 --> 00:03:06,200 Speaker 2: we'd like to see if we can get a refund 60 00:03:06,280 --> 00:03:06,600 Speaker 2: for them. 61 00:03:07,600 --> 00:03:10,239 Speaker 1: And between two and thirteen hundred, two hundred and thirteen hundred, 62 00:03:10,480 --> 00:03:12,200 Speaker 1: how have you come to those figures? Is it just 63 00:03:12,240 --> 00:03:15,040 Speaker 1: based on average spend or have you done well? 64 00:03:15,360 --> 00:03:19,160 Speaker 2: We think that the average period between the two supermarkets 65 00:03:19,200 --> 00:03:23,040 Speaker 2: is almost two years, So over a two year period, 66 00:03:23,040 --> 00:03:25,400 Speaker 2: a lot of people just shop the specials and then 67 00:03:25,440 --> 00:03:28,400 Speaker 2: they'll do their broader shopping. So a lot of people 68 00:03:28,440 --> 00:03:31,040 Speaker 2: do rely on those specials. So we've just look, we've 69 00:03:31,080 --> 00:03:33,320 Speaker 2: just given it an estimate, but we believe that. I mean, 70 00:03:33,360 --> 00:03:35,360 Speaker 2: some people will only be out of pocket a few 71 00:03:35,400 --> 00:03:37,280 Speaker 2: dollars and they might want to make a claim and 72 00:03:37,320 --> 00:03:40,360 Speaker 2: that's fine. But some families will be out of pocket. 73 00:03:40,800 --> 00:03:44,920 Speaker 2: We imagine several hundred dollars because that's how family shop. 74 00:03:45,920 --> 00:03:48,560 Speaker 1: And how did you get paid then, as in the 75 00:03:48,640 --> 00:03:50,720 Speaker 1: law firm, is it out of whatever money you keep 76 00:03:50,760 --> 00:03:52,760 Speaker 1: a certain percentage and the rest is divided out. 77 00:03:53,480 --> 00:03:55,800 Speaker 2: Yeah, so that there's a couple of ways. Look, if 78 00:03:55,840 --> 00:03:59,920 Speaker 2: it goes to court, usually the costs are a porsche 79 00:04:00,280 --> 00:04:03,640 Speaker 2: of the settlement proceedings. But if it goes to a 80 00:04:03,720 --> 00:04:07,480 Speaker 2: mediation and settles or something like that, sometimes it can 81 00:04:07,520 --> 00:04:11,280 Speaker 2: be the settlement money's plus cost. So it just depends 82 00:04:11,360 --> 00:04:13,280 Speaker 2: on what the wash up is. And the federal court 83 00:04:13,320 --> 00:04:17,600 Speaker 2: always has to approve a settlement, and they do. If 84 00:04:17,600 --> 00:04:19,600 Speaker 2: they're not happy with the cost, they will let us know. 85 00:04:19,920 --> 00:04:22,640 Speaker 1: Yeah, I'm sure, so I imagine then that's a lot 86 00:04:22,640 --> 00:04:24,520 Speaker 1: of work for your staff because if you get for 87 00:04:24,640 --> 00:04:28,400 Speaker 1: argument's sake, let's say it's five thousand respondents to this. 88 00:04:29,480 --> 00:04:31,080 Speaker 1: You'd have to go through all of them, wouldn't you 89 00:04:31,320 --> 00:04:32,480 Speaker 1: to work out how much they're own. 90 00:04:33,000 --> 00:04:35,840 Speaker 2: Well, actually, at the moment, we have about sixty five 91 00:04:35,880 --> 00:04:37,600 Speaker 2: thousand people registered. 92 00:04:38,240 --> 00:04:40,720 Speaker 1: Here we have thinking I'm generous and saying five, So 93 00:04:40,920 --> 00:04:42,960 Speaker 1: let's say it's one hundred thousand at the end. Then 94 00:04:43,040 --> 00:04:44,839 Speaker 1: I mean that's a heck of a lot of work. 95 00:04:45,400 --> 00:04:48,320 Speaker 2: Yeah. So we have some specialist software which manages our 96 00:04:48,320 --> 00:04:51,240 Speaker 2: group members. It's new software and it can deal with 97 00:04:51,640 --> 00:04:55,040 Speaker 2: many millions of people potentially. So there are other class 98 00:04:55,080 --> 00:04:58,760 Speaker 2: actions that I know that that platform is actually dealing 99 00:04:58,800 --> 00:05:00,960 Speaker 2: with another class action with a couple of million people 100 00:05:01,000 --> 00:05:03,440 Speaker 2: on it, and we actually believe it's going to come 101 00:05:03,480 --> 00:05:06,560 Speaker 2: down to basically an algorithm that we can you know, 102 00:05:06,880 --> 00:05:09,080 Speaker 2: Cols and Walwaft already has all of that data, so 103 00:05:09,200 --> 00:05:11,760 Speaker 2: it should be able to be dealt with in some 104 00:05:12,760 --> 00:05:14,640 Speaker 2: electronic way. 105 00:05:13,920 --> 00:05:16,120 Speaker 1: Yeah, how about that? So all you need is a 106 00:05:16,160 --> 00:05:18,800 Speaker 1: rewards card with Coals and Woollies or whatever they're called 107 00:05:18,960 --> 00:05:20,800 Speaker 1: for each of them, and away you go. 108 00:05:21,000 --> 00:05:24,720 Speaker 2: Just register absolutely, and you can register for Coals and 109 00:05:24,800 --> 00:05:27,839 Speaker 2: for war Worth if you are a rewards card member 110 00:05:27,839 --> 00:05:28,240 Speaker 2: for both. 111 00:05:28,320 --> 00:05:31,640 Speaker 1: All right, if people just have receipts. Is that any 112 00:05:31,880 --> 00:05:34,080 Speaker 1: good to you? Is that or do you need to have? Yeah, 113 00:05:34,200 --> 00:05:37,279 Speaker 1: so they're not necessarily members, but for whatever reason have 114 00:05:37,360 --> 00:05:40,760 Speaker 1: kept all the receipts and they haven't faded it everything else. Yeah. 115 00:05:40,800 --> 00:05:43,440 Speaker 2: Absolutely, all they need to do is provide us the 116 00:05:43,480 --> 00:05:46,120 Speaker 2: receipts and that's absolutely fine as well. We can deal 117 00:05:46,160 --> 00:05:49,000 Speaker 2: with those. And as I said, there are people who 118 00:05:49,080 --> 00:05:52,520 Speaker 2: won't be Colson Walworth's Rewards card members, so and they 119 00:05:52,560 --> 00:05:56,240 Speaker 2: may believe that they were, they were subject to that 120 00:05:56,320 --> 00:05:59,200 Speaker 2: pricing at the time, and they can sign a statutory declaration. 121 00:06:00,120 --> 00:06:02,960 Speaker 2: So and if there's any money left over from their 122 00:06:03,000 --> 00:06:07,000 Speaker 2: settlement that isn't going to be distributed to any of 123 00:06:07,040 --> 00:06:12,080 Speaker 2: the group members, we're actually going to there's there's proposed 124 00:06:12,839 --> 00:06:15,200 Speaker 2: there's a claim in the in the statement of claim 125 00:06:15,600 --> 00:06:18,120 Speaker 2: to ask that that money, rather than going back to 126 00:06:18,200 --> 00:06:22,599 Speaker 2: causal war wars, actually be given to to a charity 127 00:06:22,640 --> 00:06:24,520 Speaker 2: such as food bank or something like that. 128 00:06:25,000 --> 00:06:28,839 Speaker 1: Yeah, where do people go to register is a key question. 129 00:06:30,000 --> 00:06:34,400 Speaker 2: So if they go to the gerardma Loof and Partners website, 130 00:06:34,520 --> 00:06:37,240 Speaker 2: that that will take take them through from there. So 131 00:06:37,440 --> 00:06:40,920 Speaker 2: just gerardmloof and Partners dot com dot dot net soda you, 132 00:06:41,080 --> 00:06:41,480 Speaker 2: I think. 133 00:06:41,360 --> 00:06:44,800 Speaker 1: It is okay, Girard Maloof, m A l o U 134 00:06:45,000 --> 00:06:48,440 Speaker 1: s Girard Maloof and partners and just google that that 135 00:06:48,440 --> 00:06:51,960 Speaker 1: should come up, I would imagine anyways, So, and the. 136 00:06:51,920 --> 00:06:54,880 Speaker 2: Registration process is really easy. It just asks you whether 137 00:06:54,960 --> 00:06:57,119 Speaker 2: or not you are a cause and will words reward 138 00:06:57,200 --> 00:06:59,520 Speaker 2: card member. You don't need to input that data at 139 00:06:59,520 --> 00:07:01,920 Speaker 2: this day. So we're just waiting for the matter to 140 00:07:02,880 --> 00:07:05,480 Speaker 2: progress and for the next hearing and all of that, 141 00:07:05,560 --> 00:07:08,240 Speaker 2: and then as we are able to progress the case, 142 00:07:08,240 --> 00:07:10,600 Speaker 2: we'll seek more information from people, but we don't want 143 00:07:10,600 --> 00:07:13,280 Speaker 2: everyone to have to do a whole lot of stuff. Now, 144 00:07:14,160 --> 00:07:15,680 Speaker 2: we're just going to see how things go. 145 00:07:15,880 --> 00:07:18,720 Speaker 1: All right, excellent, Diane, Thank you for your time. Hope 146 00:07:18,760 --> 00:07:22,880 Speaker 1: it goes well for Gerard and Maloof and all the 147 00:07:22,880 --> 00:07:25,040 Speaker 1: people that you might have up to one hundred thousand, 148 00:07:25,120 --> 00:07:26,239 Speaker 1: I imagine maybe more. 149 00:07:26,760 --> 00:07:29,640 Speaker 2: Hopefully, I think that'd be great. So, you know, if 150 00:07:29,640 --> 00:07:32,120 Speaker 2: people want to claim their refund, obviously we're very happy 151 00:07:32,120 --> 00:07:35,840 Speaker 2: for them to do that, you know, propose as long 152 00:07:35,880 --> 00:07:38,440 Speaker 2: as we have you know, a successful claim and you know, 153 00:07:38,480 --> 00:07:40,880 Speaker 2: we wouldn't have filed this and gone through all of 154 00:07:40,920 --> 00:07:44,000 Speaker 2: the trouble of getting everything organized. If we didn't think 155 00:07:44,000 --> 00:07:45,520 Speaker 2: it was a good claim, we really do. 156 00:07:45,880 --> 00:07:47,960 Speaker 1: Yeah, I suspect you're going to have, you know, a 157 00:07:48,000 --> 00:07:50,560 Speaker 1: lot of people. Thank you for your. 158 00:07:50,400 --> 00:07:52,720 Speaker 2: Time, all right, terrific, Thanks so much. 159 00:07:52,800 --> 00:07:57,080 Speaker 1: Diane Chapman, special counsel at Gerard Maloof and Partners. So 160 00:07:57,240 --> 00:07:59,560 Speaker 1: g E R R D as you'd expect Girard to 161 00:07:59,600 --> 00:08:03,800 Speaker 1: be Maloof m A l o u F Matloof and Partners. 162 00:08:03,920 --> 00:08:06,520 Speaker 1: So just google that Gerard Maloof and Partners. You'll find 163 00:08:06,520 --> 00:08:08,840 Speaker 1: it and uh away you go.