The case here is purely about Steam MISLEADING buyers about what their rights are. The law is very specific here. For example, if you buy a game off Steam that says it's compatible with Mac, but turns out not to be, you are entitled to a refund. This case is about the fact that Steam's policies misleading people by saying there are no refunds even though consumer protection law in Australia states so.
This is a warning to companies who sell software- don't tell people they don't have rights and protections when they actually do.