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ASIC calls out insurers, super funds for selling ‘junk’ TPD insurance
Insurance October 17, 2019 5:09 pm By Amelia Birnie

AMP, Asteron and Westpac have been singled out by ASIC for having higher than expected decline rates for total and permanent disability life insurance claims, […]

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‘Isn’t that what you’re here for?’: ‘Underbelly’ actor accused of sexual harassment on set of TV series
Employment October 1, 2019 12:52 pm By Amelia Birnie

An Australian actor best known for his role on true crime drama series Underbelly is being sued for sexual harassment after he allegedly grabbed an […]

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Nanny paid $2.33 an hour was not employee but ‘guest’ of CEO’s family, court told
Employment September 24, 2019 1:25 pm By Amelia Birnie

A major property development CEO accused of paying his Filipino nanny $2.33 an hour has denied underpayment allegations, instead claiming the woman was a “guest […]

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APRA defends decision to bring failed IOOF case
Financial Services September 20, 2019 8:03 pm By Amelia Birnie

The prudential regulator is standing by its decision to bring proceedings against IOOF for alleged breaches of superannuation duties, despite criticism that such a “highly […]

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CBA unit faces MySuper class action over delayed $3.2B funds transfer
Class Actions October 17, 2019 1:03 pm By Amelia Birnie

Commonwealth Bank subsidiary Colonial First State and former director Linda Elkins face a class action alleging the wealth management group breached its superannuation trustee duties […]

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TPG ‘vindicated’ by dismissal of ACCC case over non-refundable customer prepayments
Competition & Consumer Protection October 11, 2019 3:41 pm By Amelia Birnie

Internet provider TPG says it has been “vindicated” by a judge’s decision to throw out the consumer watchdog’s case over allegedly unfair contract terms that […]

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Dick Smith insurer class action plaintiffs want their own hearing
Class Actions October 4, 2019 7:37 pm By Amelia Birnie

The plaintiffs in an investor class action filed against Dick Smith’s insurers want a separate hearing from four other representative and company proceedings against the […]

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Judge dismisses Ashurst partner’s dispute with ex-judge neighbour as ‘bordering on irrational’
Corporate October 3, 2019 9:05 pm By Amelia Birnie

A partner at Big Six firm Ashurst has lost his bid to stop liquidators taking control of his Point Piper home in a long-running dispute […]

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Sydney private school caretaker wins $3.1M after catastrophic gas explosion
Employment October 2, 2019 4:19 pm By Amelia Birnie

At caretaker at a Sydney private school has been awarded $3.1 million in damages after he was seriously injured in a workplace gas explosion, with […]

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Yes whey: ACCC signs off on Saputo-Lion dairy acquisition
Competition & Consumer Protection September 26, 2019 12:30 pm By Amelia Birnie

The competition watchdog has given Canadian dairy producer Saputo the green light to acquire Australian competitor Lion Dairy’s cheese processing plants, but has warned any […]

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