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ASIC takes life insurer TAL to court over handling of cancer victim’s claim
Insurance 2019-12-17 10:22 pm By Cat Fredenburgh

The Australian Securities and Investments Commission has taken legal action on another referral from the banking royal commission, dragging life insurer TAL to court for […]

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APRA begins probe of Westpac over ‘substantial gaps in risk governance’
Financial Services 2019-12-17 3:31 pm By Cat Fredenburgh

The Australian Prudential Regulation Authority has flagged potentially “substantial gaps in risk governance” by Westpac as it formally kicked off an investigation into the bank […]

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High Court to hear landmark personal leave case
Employment 2019-12-13 10:42 pm By Cat Fredenburgh

The High Court will hear food manufacturer Mondelez’ challenge to a ruling that struck down its method for calculating workers’ personal days. The High Court […]

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High Court shoots down ABC, Nine appeal in Chau Chak Wing defamation case
Defamation 2019-12-13 9:52 pm By Cat Fredenburgh

The High Court will not hear an appeal by the ABC and Nine seeking to revive their truth defence in a defamation lawsuit brought by […]

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Queensland won’t appeal loss in floods class action
Class Actions 2019-12-13 12:29 pm By Cat Fredenburgh

The State of Queensland will not appeal a ruling that found it, as well as the operators of two Queensland dams, were negligent in the […]

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ACCC to get $26.9M boost to crack down on Google, Facebook
Competition & Consumer Protection 2019-12-12 11:08 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission will get an additional $26.9 million to take on Google and Facebook, but the Federal Government will proceed more […]

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Lehman liquidator files $40M lawsuit against Fitch following class action discovery
Class Actions 2019-12-12 1:12 pm By Cat Fredenburgh

The Australian liquidator of Lehman Brothers has filed a lawsuit seeking $40 million from Fitch Ratings for assigning too-rosy ratings to toxic financial products sold […]

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Westpac asks High Court to hear personal advice case
Financial Services 2019-12-11 11:08 pm By Cat Fredenburgh

Westpac has filed a special leave application with the High Court seeking further clarity on the line between personal and general advice under financial services […]

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Gilead says Glaxo venture’s HIV patent invalid
Intellectual Property 2019-12-10 11:57 pm By Cat Fredenburgh

US biotech giant Gilead has struck back at a patent infringement lawsuit brought by a specialist HIV pharmaceutical company majority owned by GlaxoSmithKline, saying the […]

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On The Run faces potential wage underpayments class action
Employment 2019-12-10 11:04 pm By Cat Fredenburgh

Petrol station convenience store chain On The Run is facing a possible class action over allegations that it has underpaid employees at over 145 stores […]

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