ASIC
ASIC launches formal investigation into KPMG as scandal deepens
ASIC has told a senate estimates committee that it is now formally investigating KPMG in the wake of allegations the firm misused client data.
Class Actions
James Hardie hit with class action over FY26 guidance downgrade
Building materials giant James Hardie faces a shareholder class action after its share price dropped 34 per cent on the back of a FY26 earnings guidance downgrade.
ASIC
Clive Palmer’s resort company pleads guilty to takeover law breaches
Clive Palmer's resort company Palmer Leisure Coolum has entered a guilty plea to one count of breaching takeover law arising from the proposed acquisition of The President’s Club.
Insurance
QBE admits misleading customers in ASIC case over policy discounts
Insurer QBE has admitted liability in ASIC’s case alleging it made empty promises to over half a million customers on policy discounts, but a dispute over the size of the penalty remains.
Class Actions
Class action filed over alleged abuse at Parkville youth detention centre
Youth detainees in a Melbourne correction facility were encouraged to “bash” other detainees in exchange for cigarettes, drugs, and alcohol, according to a new class action launched against the state of Victoria.
Class Actions
Queensland teens win right to pursue class action-style case over gender treatment ban
A Queensland tribunal has ruled that hundreds of teenagers who were denied access to puberty blockers and hormone treatment can pursue a class action-style complaint, over attempts by the state government to block it.
Class Actions
Fight brewing over $8.6M security bid in CMC Markets class action
CMC Markets wants a class action to fork over $8.6 million more in security after substantially amending its case, which alleges the financial services firm issued complex, risky derivatives that were not appropriate for retail investors.
Intellectual Property
Henkel’s Got2B trade mark got to go for all but hair products
Citing its reputation in Australia, consumer goods giant Henkel has retained its trade mark, 'Got2B', in opposition to a removal bid, but the brand has been narrowed to cover just haircare products.
Defamation
Rebel Wilson can file evidence on conduct since release of ‘The Deb’
Actress Rebel Wilson has won court approval to file additional evidence about her conduct since the release of 'The Deb' in proceedings brought by production company AI Film.
Class Actions
Judge says Kmart class action so light on details he ‘couldn’t understand it’
An underpayments class action against Kmart on behalf of salaried managers will go back to the drawing board after a judge said the statement of claim was “bereft of detail”.
